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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 29, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Share
The computations of basic and diluted earnings per share for the quarter and two quarters ended June 29, 2025 and June 30, 2024 are as follows (in thousands):
Quarter EndedTwo Quarters Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Net income
$10,043 $8,530 $14,033 $13,874 
Net income attributable to non-controlling interests
1,339 2,060 2,016 2,842 
Net income attributable to Portillo's Inc.
$8,704 $6,470 $12,017 $11,032 
Shares:
Weighted-average number of common shares outstanding-basic67,595 61,650 65,717 59,544 
Dilutive share awards2,273 2,959 2,458 3,034 
Weighted-average number of common shares outstanding-diluted69,868 64,609 68,175 62,578 
Basic net income per share
$0.13 $0.10 $0.18 $0.19 
Diluted net income per share
$0.12 $0.10 $0.18 $0.18 
Schedule of Units Excluded from Calculation of Diluted Earnings per Share
The following shares were excluded from the calculation of diluted earnings per share because they would be antidilutive or subject to performance conditions which have not been satisfied by the end of the reporting period (in thousands):
Quarter EndedTwo Quarters Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Performance Stock Options
1,377 2,109 1,377 2,109 
Performance Stock Units
592 296 592 — 
Restricted Stock Units
606 714 — 159 
Stock Options
619 321 619 321 
Total shares excluded from diluted net income per share3,194 3,440 2,588 2,589