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Earnings Per Share
6 Months Ended
Jun. 15, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

3. Earnings Per Share

 

 

 

Fiscal Quarter Ended

 

 

Two Fiscal Quarters Ended

 

 

 

June 15,

 

 

June 16,

 

 

June 15,

 

 

June 16,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income available to common stockholders - basic and diluted

 

$

131,091

 

 

$

141,978

 

 

$

280,742

 

 

$

267,802

 

Basic weighted average number of shares

 

 

34,163,399

 

 

 

34,904,786

 

 

 

34,223,725

 

 

 

34,852,548

 

Earnings per share – basic

 

$

3.84

 

 

$

4.07

 

 

$

8.20

 

 

$

7.68

 

Diluted weighted average number of shares

 

 

34,401,016

 

 

 

35,224,080

 

 

 

34,477,191

 

 

 

35,199,277

 

Earnings per share – diluted

 

$

3.81

 

 

$

4.03

 

 

$

8.14

 

 

$

7.61

 

 

The denominators used in calculating diluted earnings per share for common stock for the second quarters and two fiscal quarters each ended June 15, 2025 and June 16, 2024 do not include the following because the effect of including these shares would be anti-dilutive or because the performance targets for these awards had not yet been met:

 

 

 

Fiscal Quarter Ended

 

 

Two Fiscal Quarters Ended

 

 

 

June 15,

 

 

June 16,

 

 

June 15,

 

 

June 16,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Anti-dilutive shares underlying stock-based awards

 

 

 

 

 

 

 

 

 

 

 

 

   Stock options

 

 

87,009

 

 

 

44,305

 

 

 

89,147

 

 

 

46,669

 

Performance condition not met

 

 

 

 

 

 

 

 

 

 

 

 

   Restricted stock awards and units

 

 

41,957

 

 

 

49,908

 

 

 

41,957

 

 

 

49,908