EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 26, 2021

Earnings Per Share [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

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following outstanding shares of common stock equivalents were excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive.

	For the thirteen weeks ended				For the thirty-nine weeks ended
	September 26, 2021		September 27, 2020		September 26, 2021		September 27, 2020
Anti-dilutive shares excluded    from calculation of diluted    EPS:
Warrants		14,666,644		—		14,666,644		—
Stock options		1,394,008		—		1,394,008		—
Restricted stock units		658,891		—		658,891		—
Earn-out shares		2,187,500		—		2,187,500		—
Total anti-dilutive shares		18,907,043		—		18,907,043		—