v3.26.1
Earnings per Share
6 Months Ended
Jul. 18, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share

The computations of basic and diluted earnings per share were as follows:

 

 

Twelve Weeks Ended

 

 

Twenty-Eight Weeks Ended

 

 

July 18, 2026

 

July 12, 2025

 

 

July 18, 2026

 

 

July 12, 2025

 

Numerator

 

 

 

 

 

 

 

 

 

 

Net income

$

55

 

$

15

 

 

$

80

 

 

$

39

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

60.3

 

 

59.9

 

 

 

60.2

 

 

 

59.9

 

Dilutive impact of share-based awards

 

0.7

 

 

0.6

 

 

 

0.7

 

 

 

0.4

 

Diluted weighted average common shares(1)

 

61.0

 

 

60.5

 

 

 

60.9

 

 

 

60.3

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

$

0.91

 

$

0.25

 

 

$

1.33

 

 

$

0.65

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

$

0.90

 

$

0.25

 

 

$

1.31

 

 

$

0.65

 

 

 

(1)
For the twelve weeks ended July 18, 2026 and July 12, 2025, 0.5 million and 0.9 million, respectively, of share-based awards were excluded from the diluted calculation as their inclusion would have been anti-dilutive. For the twenty-eight weeks ended July 18, 2026 and July 12, 2025, 0.5 million and 0.9 million respectively, of share-based awards were excluded from the diluted calculation as their inclusion would have been anti-dilutive.