Earnings Per Share

12 Months Ended

Dec. 28, 2025

(2)

Earnings per Share

The computation of basic and diluted earnings per common share for 2025, 2024 and 2023 is as follows:


	2025		2024		2023
Net income available to common stockholders – basic and diluted	$	601,704	$	584,170	$	519,118
Weighted average number of common shares		34,007,071		34,707,298		35,081,779
Earnings per common share – basic	$	17.69	$	16.83	$	14.80
Diluted weighted average number of common shares		34,237,646		34,991,484		35,401,313
Earnings per common share – diluted	$	17.57	$	16.69	$	14.66

The denominators used in calculating diluted earnings per share for common stock for 2025, 2024 and 2023 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:


	2025		2024		2023
Anti-dilutive shares underlying stock-based awards
Stock options		91,423		46,277		216,128
Restricted stock units		659		4,223		7,060
Performance condition not met
Restricted stock units		19,022		23,430		44,750