v3.25.2
EARNINGS PER SHARE
 9 Months Ended
Jun. 28, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE . EARNINGS PER SHARE
Basic income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Restricted stock are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive. For the three months ended June 28, 2025, and nine months ended June 28, 2025 and June 29, 2024, restricted stock were excluded due to the net loss the Company incurred during the period.
The following table reflects a reconciliation of the shares used in the basic and diluted net (loss)/income per share computation for the three and nine months ended June 28, 2025 and June 29, 2024:
 Three months ended
(in thousands, except per share)June 28, 2025June 29, 2024
 BasicDilutedBasicDiluted
NUMERATOR:    
Net (loss)/income$(3,289)$(3,289)$12,264 $12,264 
DENOMINATOR:    
Weighted average shares outstanding - Basic52,692 52,692 55,280 55,280 
Dilutive effect of Equity Plans— 444 
Weighted average shares outstanding - Diluted 52,692  55,724 
EPS:    
Net (loss)/income per share - Basic$(0.06)$(0.06)$0.22 $0.22 
Effect of dilutive shares —  — 
Net (loss)/income per share - Diluted $(0.06) $0.22 
Anti-dilutive shares (1)
28921
 Nine months ended
(in thousands, except per share)June 28, 2025June 29, 2024
 BasicDilutedBasicDiluted
NUMERATOR:    
Net loss$(6,166)$(6,166)$(81,123)$(81,123)
DENOMINATOR:
Weighted average shares outstanding - Basic53,265 53,265 56,028 56,028 
Dilutive effect of Equity Plans— — 
Weighted average shares outstanding - Diluted53,265 56,028 
EPS:
Net loss per share - Basic$(0.12)$(0.12)$(1.45)$(1.45)
Effect of dilutive shares— — 
Net loss per share - Diluted$(0.12)$(1.45)
Anti-dilutive shares (1)
237445
(1) Represents the Time-based RSUs, Relative TSR PSUs and Growth PSUs that are excluded from the calculation of diluted earnings per share for the three and nine months ended June 28, 2025 and June 29, 2024 as the effect would have been anti-dilutive.