| EARNINGS PER SHARE |
EARNINGS PER SHARE The following table sets forth the calculation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | For the thirteen weeks ended | | For the thirty-nine weeks ended | | September 27, 2026 | | September 28, 2025 | | September 27, 2026 | | September 28, 2025 | | Numerator: | | | | | | | | | Net income (loss) | $ | 7,823 | | | $ | (806) | | | $ | 12,650 | | | $ | 12,874 | | | Denominator: | | | | | | | | | Weighted average common shares outstanding - basic | 120,329,310 | | 119,405,911 | | 120,143,868 | | 119,140,257 | | Dilutive effect of potential common shares from RSUs | 395,298 | | — | | 991,810 | | 462,500 | | Dilutive effect of potential common shares from PSUs | 152,685 | | — | | 208,555 | | 208,230 | | Weighted average common shares outstanding - diluted | 120,877,293 | | 119,405,911 | | 121,344,233 | | 119,810,987 | | Earnings per share: | | | | | | | | | Basic | $ | 0.07 | | | $ | (0.01) | | | $ | 0.11 | | | $ | 0.11 | | | Diluted | $ | 0.06 | | | $ | (0.01) | | | $ | 0.10 | | | $ | 0.11 | |
The following outstanding shares of Common Stock equivalents were excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive. Warrants to purchase shares of Common Stock having an exercise price greater than the average share market price are excluded from the calculation of diluted earnings per share. | | | | | | | | | | | | | | | | | | | | | | | | | For the thirteen weeks ended | | For the thirty-nine weeks ended | | September 27, 2026 | | September 28, 2025 | | September 27, 2026 | | September 28, 2025 | | Anti-dilutive shares excluded from calculation of diluted EPS: | | | | | | | | | Warrants | 2,894,501 | | | 14,633,311 | | | 10,676,897 | | | 14,633,311 | | | Stock options | 333,447 | | | 437,268 | | | 333,447 | | | 437,268 | | | Restricted stock units | 134,143 | | | 3,600,584 | | | 189,788 | | | 3,138,084 | | | Performance stock units | 2,122,804 | | | 2,697,537 | | | 2,065,312 | | | 2,489,307 | | | Unvested earn-out shares | 1,093,750 | | | 1,093,750 | | | 1,093,750 | | | 1,093,750 | | | Total anti-dilutive shares | 6,578,645 | | | 22,462,450 | | | 14,359,194 | | | 21,791,720 | |
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