Basic earnings per share (“EPS”) is based on the weighted-average number of shares outstanding for each period. Shares that have been repurchased and retired during the periods specified below have been included in the calculation of the number of weighted-average shares that are outstanding for the calculation of basic EPS based on the time they were outstanding in any period. Diluted EPS is based on shares that are outstanding (computed under basic EPS) and on potentially dilutive shares. Shares that are included in the diluted EPS calculations under the treasury stock method include equity awards that are in-the-money but have not yet been exercised.

The following is a reconciliation of the numerator and denominator used to calculate basic EPS and diluted EPS for the periods indicated:


	Three months ended				Six months ended
	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Net (loss) earnings attributable to USANA	$	(21,382)	$	9,655	$	(13,867)	$	19,057

Weighted average common shares outstanding – basic	18,486		18,513		18,442		18,781
Dilutive effect of in-the-money equity awards	—		23		—		30
Weighted average common shares outstanding – diluted	18,486		18,536		18,442		18,811
(Loss) earnings per common share from net (loss) earnings attributable to USANA:
Basic	$	(1.16)	$	0.52	$	(0.75)	$	1.01
Diluted	$	(1.16)	$	0.52	$	(0.75)	$	1.01

Equity awards excluded as the impact was anti-dilutive	1,169		396		1,097		431

Under the Company's share repurchase plan, there were no share repurchases during the three and six months ended July 4, 2026. During the three and six months ended June 28, 2025, the Company repurchased and retired 528 and 927 shares for $15,358 and $27,738, inclusive of accrued excise tax of $151 and $231, respectively.

The excess of the repurchase price over par value is allocated between additional paid-in capital and retained earnings on a pro-rata basis. The purchase of shares under this plan reduces the number of shares outstanding in the above calculations.

Because the Company reported a net loss for the three and six months ended July 4, 2026, all potentially dilutive shares have been excluded from the calculation of diluted net loss per share as their effect would have been antidilutive. Accordingly, basic and diluted net loss per share are the same for these two periods. The number of shares excluded for the three and six months ended July 4, 2026 was 6 and 10, respectively.

As of July 4, 2026, the remaining authorized repurchase amount under the stock repurchase plan was $33,965, inclusive of accrued excise tax. There is no expiration date on the remaining approved repurchase amount and no requirement for future share repurchases.