Earnings Per Share

12 Months Ended

Sep. 28, 2024

14. Earnings (Loss) Per Share

The following table presents the basic and diluted earnings per share computation for the fiscal years presented:


(in thousands except share data)	2024		2023		2022
Numerator:
Net income (loss)	$	105,547	$	23,812	$	(45,759)




Basic earnings (loss) per share:
Weighted average common shares outstanding	32,270,711		32,071,940		31,020,399
Basic earnings (loss) per share	$	3.27	$	0.74	$	(1.48)

Diluted earnings (loss) per share (1):
Weighted average common shares outstanding	32,270,711		32,071,940		31,020,399

Weighted average dilutive securities, restricted stock	407,773		166,720		—
Weighted average dilutive securities, stock options	283,061		19,992		—
Weighted average dilutive securities, warrants	387,676		—		—
Weighted average shares and dilutive potential common shares	33,349,221		32,258,652		31,020,399
Diluted earnings (loss) per share	$	3.16	$	0.74	$	(1.48)

(1) There were no potentially dilutive securities for fiscal 2024 while potentially dilutive securities representing 0.7 million and 0.5 million shares of common stock were excluded from the computation of diluted earnings per share for fiscal 2023 and fiscal 2022, respectively, as their effect would have been anti-dilutive.