| Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share |
The following table sets forth the securities which were excluded from the computation of diluted net income per share of Class A common stock for the 13 weeks ended April 4, 2026 and April 5, 2025 as they were determined to be antidilutive:
|
|
|
|
|
|
|
|
|
|
|
For the Thirteen Weeks Ended |
|
|
|
April 4, 2026 |
|
|
April 5, 2025 |
|
Antidilutive securities excluded from the computation of diluted net income per share: |
|
|
|
|
|
|
Class B Common Stock |
|
|
10,519,105 |
|
|
|
11,865,546 |
|
Options |
|
|
4,134,453 |
|
|
|
4,267,576 |
|
RSUs and Restricted Shares |
|
|
40,117 |
|
|
|
402,101 |
|
Warrants |
|
|
2,730,000 |
|
|
|
2,730,000 |
|
|
| Schedule of Computation of Basic and Diluted Net Income Per Share |
The following table sets forth the computation of basic net income per share of Class A common stock for the 13 weeks ended April 4, 2026 and April 5, 2025:
|
|
|
|
|
|
|
|
|
|
|
For the Thirteen Weeks Ended |
|
|
|
April 4, 2026 |
|
|
April 5, 2025 |
|
(in thousands, except for share and per share amounts) |
|
|
|
|
|
|
Net income |
|
$ |
1,613 |
|
|
$ |
2,570 |
|
Less: net income attributable to noncontrolling interests |
|
|
433 |
|
|
|
815 |
|
Net income applicable to Class A common shareholders |
|
$ |
1,180 |
|
|
$ |
1,755 |
|
Basic weighted average outstanding shares |
|
|
|
|
|
|
Class A Common Stock |
|
|
43,854,766 |
|
|
|
43,300,933 |
|
Basic net income per share applicable to common shareholders: |
|
|
|
|
|
|
Class A Common Stock |
|
$ |
0.03 |
|
|
$ |
0.04 |
|
The following table sets forth the computation of diluted net income per share of Class A common stock for the 13 weeks ended April 4, 2026 and April 5, 2025:
|
|
|
|
|
|
|
|
|
|
|
For the Thirteen Weeks Ended |
|
|
|
April 4, 2026 |
|
|
April 5, 2025 |
|
(in thousands, except for share and per share amounts) |
|
|
|
|
|
|
Net income |
|
$ |
1,613 |
|
|
$ |
2,570 |
|
Less: net income attributable to noncontrolling interests |
|
|
429 |
|
|
|
814 |
|
Net income applicable to Class A common shareholders |
|
$ |
1,184 |
|
|
$ |
1,756 |
|
Diluted weighted average outstanding shares |
|
|
|
|
|
|
Basic weighted average outstanding shares - Class A Common Stock |
|
|
43,854,766 |
|
|
|
43,300,933 |
|
Effect of dilutive securities: |
|
|
|
|
|
|
RSUs and Restricted Shares |
|
|
491,613 |
|
|
|
120,313 |
|
Diluted weighted average outstanding shares - Class A Common Stock |
|
|
44,346,379 |
|
|
|
43,421,246 |
|
Diluted net income per share applicable to common shareholders: |
|
|
|
|
|
|
Class A Common Stock |
|
$ |
0.03 |
|
|
$ |
0.04 |
|
|