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Earnings Per Share | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 26, 2021 | Dec. 31, 2020
Earnings Per Share [Abstract] |  |
Earnings Per Share |
11. | EARNINGS PER SHARE
The following table sets forth the calculation of basic and diluted earnings per share:
|  | For the thirteen weeks ended |  |  | For the thirty-nine weeks ended |
|  | September 26, 2021 |  |  | September 27, 2020 |  |  | September 26, 2021 |  |  | September 27, 2020 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | (30,200 | ) |  | $ | 13,543 |  |  | $ | (9,158 | ) |  | $ | 30,904 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 106,285,072 |  |  |  | 67,673,884 |  |  |  | 80,735,661 |  |  |  | 67,673,884 |
Dilutive effect of potential common shares |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted average common shares assuming dilution |  |  | 106,285,072 |  |  |  | 67,673,884 |  |  |  | 80,735,661 |  |  |  | 67,673,884 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.28 | ) |  | $ | 0.20 |  |  | $ | (0.11 | ) |  | $ | 0.46 |
Diluted |  | $ | (0.28 | ) |  | $ | 0.20 |  |  | $ | (0.11 | ) |  | $ | 0.46 |
The following outstanding shares of common stock equivalents were excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive.
|  | For the thirteen weeks ended |  |  | For the thirty-nine weeks ended |
|  | September 26, 2021 |  |  | September 27, 2020 |  |  | September 26, 2021 |  |  | September 27, 2020 |
Anti-dilutive shares excluded from calculation of diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | 14,666,644 |  |  |  | — |  |  |  | 14,666,644 |  |  |  | — |
Stock options |  |  | 1,394,008 |  |  |  | — |  |  |  | 1,394,008 |  |  |  | — |
Restricted stock units |  |  | 658,891 |  |  |  | — |  |  |  | 658,891 |  |  |  | — |
Earn-out shares |  |  | 2,187,500 |  |  |  | — |  |  |  | 2,187,500 |  |  |  | — |
Total anti-dilutive shares |  |  | 18,907,043 |  |  |  | — |  |  |  | 18,907,043 |  |  |  | — |
9. | EARNINGS PER SHARE
The following table sets forth the calculation of basic and diluted earnings per share:
|  | 2020 |  |  | 2019 |  |  | 2018 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 32,857 |  |  | $ | 561 |  |  | $ | (30,613 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 67,673,884 |  |  |  | 67,673,884 |  |  |  | 67,673,884 |
Dilutive effect of potential common shares |  |  | — |  |  |  | — |  |  |  | — |
Weighted average common shares assuming dilution |  |  | 67,673,884 |  |  |  | 67,673,884 |  |  |  | 67,673,884 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.49 |  |  | $ | 0.01 |  |  | $ | (0.45 | )
Diluted |  | $ | 0.49 |  |  | $ | 0.01 |  |  | $ | (0.45 | )

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