| Summary of Computation of Basic and Diluted Net Income Per Share |
The following is a computation of basic and diluted net income per share (amounts in thousands, except per share amounts):
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For the three-month periods ended |
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For the six-month periods ended |
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June 28, 2025 |
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June 29, 2024 |
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June 28, 2025 |
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June 29, 2024 |
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Numerator: |
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Net income |
$ |
27,025 |
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$ |
13,906 |
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$ |
32,218 |
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$ |
2,734 |
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Denominator: |
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Weighted average shares of common stock outstanding (1), basic |
|
200,968 |
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|
192,600 |
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|
197,819 |
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|
192,420 |
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Net income per share, basic |
$ |
0.13 |
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$ |
0.07 |
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$ |
0.16 |
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$ |
0.01 |
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Weighted average shares of common stock outstanding (1), diluted |
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210,442 |
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|
196,869 |
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|
206,763 |
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|
196,274 |
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Net income per share, diluted |
$ |
0.13 |
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$ |
0.07 |
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$ |
0.16 |
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$ |
0.01 |
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Dilutive securities outstanding not included in the computation of diluted net income per share, as their effect is antidilutive: |
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RSUs |
|
70 |
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1,478 |
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|
70 |
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|
1,478 |
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PSUs |
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- |
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- |
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- |
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- |
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Stock options |
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3,206 |
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|
13,088 |
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|
3,206 |
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|
13,088 |
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(1)The calculation of weighted average shares of common stock outstanding includes all vested deferred restricted stock units.
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