v3.26.3
Earnings Per Share
9 Months Ended
Sep. 24, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Net Income per Common Share
The Company calculates basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding adjusted for the dilutive effect of share-based awards using the treasury stock method.
The following table shows the computation of basic and diluted earnings per share for the periods presented:
Thirteen Weeks EndedThirty-nine Weeks Ended
in thousands, except for per share dataSeptember 24, 2026September 25, 2025September 24, 2026September 25, 2025
Net income$64,823 $57,260 $200,402 $169,316 
Basic weighted average shares outstanding106,425 107,714 107,375 107,597 
Dilutive effect of share-based awards273 754 403 815 
Diluted weighted average shares outstanding106,698 108,468 107,778 108,412 
Basic earnings per share$0.61 $0.53 $1.87 $1.57 
Diluted earnings per share$0.61 $0.53 $1.86 $1.56 
The following potentially dilutive securities were excluded from the computation of diluted earnings per share as a result of their anti-dilutive effect:
Thirteen Weeks EndedThirty-nine Weeks Ended
in thousandsSeptember 24, 2026September 25, 2025September 24, 2026September 25, 2025
Stock options137 37 137 37 
Restricted stock units682 406 681 410