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Earnings Per Share (Tables) | 4 Months Ended
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Apr. 19, 2025
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Common Share | The following is a reconciliation of net income and weighted average shares for calculating basic and diluted earnings per common share for the sixteen weeks ended April 19, 2025 and April 20, 2024, respectively (amounts and shares in thousands, except per share data):
|  | For the Sixteen Weeks Ended |
|  | April 19, 2025 |  |  | April 20, 2024 |
Net income |  | $ | 52,998 |  |  | $ | 73,043 |
Basic Earnings Per Common Share: |  |  |  |  |  |
Basic weighted average shares outstanding for common stock |  |  | 211,194 |  |  |  | 211,078 |
Basic earnings per common share |  | $ | 0.25 |  |  | $ | 0.35 |
Diluted Earnings Per Common Share: |  |  |  |  |  |
Basic weighted average shares outstanding for common stock |  |  | 211,194 |  |  |  | 211,078 |
Add: Shares of common stock assumed issued upon exercise of stock options and vesting of restricted stock |  |  | 944 |  |  |  | 1,036 |
Diluted weighted average shares outstanding for common stock |  |  | 212,138 |  |  |  | 212,114 |
Diluted earnings per common share |  | $ | 0.25 |  |  | $ | 0.34 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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