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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 26, 2021
Accounting Policies [Abstract]  
Schedule of basic and diluted earnings per share

The following table sets forth the calculation of basic and diluted earnings per share:

 

 

 

For the thirteen weeks ended

 

 

For the thirty-nine weeks ended

 

 

 

September 26, 2021

 

 

September 27, 2020

 

 

September 26, 2021

 

 

September 27, 2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

(30,200

)

 

$

13,543

 

 

$

(9,158

)

 

$

30,904

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common
   shares

 

 

106,285,072

 

 

 

67,673,884

 

 

 

80,735,661

 

 

 

67,673,884

 

Dilutive effect of potential common shares

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average common
   shares assuming dilution

 

 

106,285,072

 

 

 

67,673,884

 

 

 

80,735,661

 

 

 

67,673,884

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.28

)

 

$

0.20

 

 

$

(0.11

)

 

$

0.46

 

Diluted

 

$

(0.28

)

 

$

0.20

 

 

$

(0.11

)

 

$

0.46