Net Income Per Common Share

3 Months Ended

Mar. 31, 2024

The following table sets forth the computations of basic and diluted net income per common share:


	THIRTEEN WEEKS ENDED
(in thousands, except share and per share data)	MARCH 31, 2024		MARCH 26, 2023
Numerator:
Net income	$	7,214	$	9,360
Denominator:
Weighted average common shares outstanding - basic	60,012,790		59,243,430
Weighted average common shares outstanding - diluted	62,476,379		60,597,729
Net income per common share - basic	$	0.12	$	0.16
Net income per common share - diluted	$	0.12	$	0.15
Stock options outstanding not included in diluted net income per common share as their effect is anti-dilutive	12,552		1,118,816
Restricted stock units outstanding not included in diluted net income per share as their effect is anti-dilutive	114,904		—

Diluted net income per common share is calculated by adjusting the weighted average shares outstanding for the theoretical effect of potential common shares that would be issued for stock option awards outstanding and unvested as of the respective periods using the treasury method.