v3.26.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles the numerators and denominators used in the computations of both basic and diluted (loss) income per share:
(in millions, except share data)Thirteen weeks ended September 27, 2026Thirteen weeks ended September 28, 2025Thirty-nine weeks ended September 27, 2026Thirty-nine weeks ended September 28, 2025
Numerator:
Net (loss) income attributable to common stockholders$(24.3)$(14.7)$(36.1)$3.3 
Denominator:
Weighted average Class A Common Stock shares, basic88,612,502 86,958,867 88,490,400 86,266,184 
Dilutive securities included in diluted earnings per share calculation:
Warrants— — — 821,898 
RSUs— — — 453,147 
PSUs— — — 253,455 
Stock options— — — 322 
Total dilutive weighted average shares88,612,502 86,958,867 88,490,400 87,795,006 
Basic (loss) income per share$(0.27)$(0.17)$(0.41)$0.04 
Diluted (loss) income per share$(0.27)$(0.17)$(0.41)$0.04 
Weighted average Class V Common Stock not subject to earnings per share calculation55,349,000 55,349,000 55,349,000 55,451,564 
Net loss attributable to noncontrolling interest$(7.8)$(5.5)$(14.4)$(7.7)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The diluted earnings per share computation includes the effect of the 7,200,000 private placement warrants (the "Warrants") for the period in which they were outstanding. The Warrants were fully exercised in a cashless exchange in August 2025, resulting in the issuance of 1,307,873 shares of the Company's Class A Common Stock. The diluted earnings per share computation excludes the effect of certain RSUs, PSUs and stock options granted to directors and management that convert to Class A Common Stock upon vesting or being exercised, as their inclusion would have been anti-dilutive. Anti-dilutive securities excluded from diluted income per share calculations are as follows:
Thirteen weeks ended September 27, 2026Thirteen weeks ended September 28, 2025Thirty-nine weeks ended September 27, 2026Thirty-nine weeks ended September 28, 2025
Warrants— 405,578 — — 
RSUs1,659,862 626,373 1,566,640 113,567 
PSUs803,099 541,926 826,360 436,990 
Stock options649,930 633,179 649,930 633,007