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Net Income per Common and Common Equivalent Share
8 Months Ended
May 11, 2025
Earnings Per Share [Abstract]  
Net Income Per Common and Common Equivalent Share
Note 7—Net Income per Common and Common Equivalent Share
The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000s):
12 Weeks Ended36 Weeks Ended
May 11,
2025
May 12,
2024
May 11,
2025
May 12,
2024
Net income
$1,903 $1,681 $5,489 $5,013 
Weighted average basic shares
443,958 443,892 443,976 443,870 
RSUs804 936 870 792 
Weighted average diluted shares
444,762 444,828 444,846 444,662 
Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is calculated based on the dilutive effect of RSUs using the treasury stock method.