Basic and Diluted Net Income (Loss) Per Share (Tables)

3 Months Ended

Apr. 03, 2026

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands except per share amounts):


		Three Months Ended
		April 3, 2026				March 28, 2025
Numerator:
Net income (loss)		$	5,206			$	(54,211	)
Denominator:
Weighted average common shares:
Common shares outstanding			49,908				49,344
Denominator for basic calculation			49,908				49,344
Weighted average effects of potentially diluted common stock:
Stock options			48				—
RSUs			373				—
PSUs			571				—
Denominator for diluted calculation			50,900				49,344
Net income (loss) per share:
Basic		$	0.10			$	(1.10	)
Diluted		$	0.10			$	(1.10	)

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share


		Three Months Ended
		April 3, 2026				March 28, 2025
Stock options			4,105				7,004
Restricted stock, RSUs and PSUs			244				914
Total			4,349				7,918