
	Fiscal quarter ended				Three fiscal quarters ended
	October 3, 2026		September 27, 2025		October 3, 2026		September 27, 2025
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding	35,623,722		35,443,712		35,569,482		35,388,596
Dilutive effect of equity awards	12,505		146		7,957		348
Diluted number of common and common equivalent shares outstanding	35,636,227		35,443,858		35,577,439		35,388,944

Earnings per share:
(dollars in thousands, except per share data)
Basic net income per common share:
Net income	$	36,611	$	11,593	$	155,905	$	27,578
Income allocated to participating securities	(842)		(305)		(4,103)		(1,118)
Net income available to common shareholders	$	35,769	$	11,288	$	151,802	$	26,460
Basic net income per common share	$	1.00	$	0.32	$	4.27	$	0.75

Diluted net income per common share:
Net income	$	36,611	$	11,593	$	155,905	$	27,578
Income allocated to participating securities	(842)		(305)		(4,102)		(1,118)
Net income available to common shareholders	$	35,769	$	11,288	$	151,803	$	26,460

Diluted net income per common share	$	1.00	$	0.32	$	4.27	$	0.75

Anti-dilutive awards excluded from diluted earnings per share computation(*)	178,519		201,909		149,119		289,835

(*)The anti-dilutive shares excluded from diluted net income per common share primarily relate to out-of-the-money stock options and certain unvested restricted stock awards that were anti-dilutive in part due to unrecognized compensation costs.

The Company grants shares of its common stock in the form of restricted stock awards to certain key employees under the Company’s Amended and Restated Equity Incentive Plan. Prior to vesting of the restricted stock awards, the grant recipients are entitled to receive non-forfeitable cash dividends if the Company declares and pays dividends on the Company’s common stock. Accordingly, unvested shares of the Company’s restricted stock awards are deemed to be participating securities for purposes of computing earnings per share (“EPS”).

Beginning with restricted stock awards granted on or after May 13, 2026, grant recipients are entitled to receive forfeitable cash dividends if the Company declares and pays dividends on its common stock. Any such dividends accrue and are paid to the grant recipient only upon vesting of the underlying shares and are forfeited if the underlying award is forfeited. As a result, unvested restricted stock awards granted on or after May 13, 2026 are not deemed to be participating securities for purposes of computing EPS. Restricted stock awards granted prior to May 13, 2026 continue to be treated as participating securities.