v3.26.3
Earnings Per Share
9 Months Ended
Sep. 26, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
Basic earnings per share is computed based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share include the dilutive effect of stock options and restricted stock awards and units. The following is a reconciliation of the basic and diluted earnings per share ("EPS") computations for both the numerator and denominator (in thousands, except per share data):
Thirteen Weeks Ended
September 26, 2026
Thirty-nine Weeks Ended
September 26, 2026
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Net income$6,291 194,826 0.03 $22,679 195,779 $0.12 
Dilutive effect of stock options and awards— 1,232 — — 1,570 — 
Net income per diluted common share$6,291 196,058 0.03 $22,679 197,349 $0.11 
Thirteen Weeks Ended
September 27, 2025
Thirty-nine Weeks Ended
September 27, 2025
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Net income$23,192 197,754 0.12 $38,707 197,544 $0.20 
Dilutive effect of stock options and awards— 2,095 — — 1,910 — 
Net income per diluted common share$23,192 199,849 0.12 $38,707 199,454 $0.19 
Stock options and awards outstanding totaling 8,618 and 7,250 were excluded from the computation for the thirteen and thirty-nine weeks ended September 26, 2026, respectively, and 3,033 and 5,862 for the thirteen and
thirty-nine weeks ended September 27, 2025, respectively, as they would have had an antidilutive effect under the treasury stock method.