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EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 29, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss Per Common Share
The following table sets forth the computation of earnings (loss) per common share:
Thirteen weeks ended
(dollar amounts in thousands)March 29,
2026
March 30,
2025
Net income (loss)
$125,809 $(25,039)
Weighted-average common shares outstanding—basic
118,664,898 117,307,189 
Dilutive stock awards
1,562,315 — 
Weighted-average common shares outstanding—diluted
120,227,213 117,307,189 
Earnings (loss) per share—basic
$1.06 $(0.21)
Earnings (loss) per share—diluted
$1.05 $(0.21)
Schedule of Anti-dilutive Shares Excluded
Thirteen weeks ended
March 29,
2026
March 30,
2025
Options to purchase common stock10,652,168 14,099,610 
Time-based vesting restricted stock units589,982 737,201 
Performance stock units4,500,000 4,500,000 
Contingently issuable stock— 500,000 
Total common stock equivalents15,742,150 19,836,811