| 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, restricted stock awards and units, and warrants. 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 June 25, 2022 |
|
Twenty-six weeks ended June 25, 2022 |
|
Earnings
(Numerator) |
|
Shares
(Denominator) |
|
Per Share
Amount |
|
Earnings
(Numerator) |
|
Shares
(Denominator) |
|
Per Share
Amount |
| Net income |
$ |
8,816 |
|
|
194,135 |
|
|
$ |
0.05 |
|
|
$ |
6,929 |
|
|
194,071 |
|
|
$ |
0.04 |
|
| Dilutive effect of stock options and awards |
— |
|
|
2,551 |
|
|
— |
|
|
— |
|
|
1,861 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income per diluted common share |
$ |
8,816 |
|
|
196,686 |
|
|
$ |
0.04 |
|
|
$ |
6,929 |
|
|
195,932 |
|
|
$ |
0.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thirteen weeks ended June 26, 2021 |
|
Twenty-six weeks ended June 26, 2021 |
|
Earnings
(Numerator) |
|
Shares
(Denominator) |
|
Per Share
Amount |
|
Earnings
(Numerator) |
|
Shares
(Denominator) |
|
Per Share
Amount |
| Net loss |
$ |
(3,385) |
|
|
91,217 |
|
|
$ |
(0.04) |
|
|
$ |
(12,355) |
|
|
91,266 |
|
|
$ |
(0.14) |
|
| Dilutive effect of stock options and awards |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Net loss per diluted common share |
$ |
(3,385) |
|
|
91,217 |
|
|
$ |
(0.04) |
|
|
$ |
(12,355) |
|
|
91,266 |
|
|
$ |
(0.14) |
|
|