Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Net Income Per Share

Schedule of basic and diluted net income per share


		Thirteen			Thirteen			Twenty-Six			Twenty-Six
		Weeks Ended			Weeks Ended			Weeks Ended			Weeks Ended
		June 30, 2026			July 1, 2025			June 30, 2026			July 1, 2025

		(In thousands, except per share data)
Net income		$	68,394		$	54,812		$	117,942		$	87,753

Basic weighted-average shares outstanding			46,628			46,391			46,606			46,958
Dilutive effect of equity awards ⁽¹⁾			1,862			1,711			1,840			1,721
Diluted weighted-average shares outstanding			48,490			48,102			48,446			48,679

Basic net income per share		$	1.47		$	1.18		$	2.53		$	1.87

Diluted net income per share		$	1.41		$	1.14		$	2.43		$	1.80

(1)

Shares of common stock equivalents related to outstanding stock options, restricted stock and restricted stock units of 0.5 million and 0.8 million for June 30, 2026, and July 1, 2025, respectively, were excluded from the diluted calculation due to their anti-dilutive effect. No shares of common stock equivalents related to the 2026 Notes or 2030 Notes were included in the diluted calculation due to their anti-dilutive effect.