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


	13 Weeks Ended
	April 4, 2026		March 29, 2025
Numerator
Net loss and comprehensive loss	$	(180,322)	$	(23,317)
Denominator



Weighted-average shares outstanding – basic and diluted (1)(2)	98,426		97,521
Net loss per share:
Basic	$	(1.83)	$	(0.24)
Diluted	$	(1.83)	$	(0.24)

(1)In calculating diluted weighted-average shares outstanding, we are required to include contingently issuable shares for market-based stock option awards, MSUs and PSUs as if the end of the reporting period were the end of the applicable contingency period, provided the underlying conditions are satisfied.

(2)There is no difference in the weighted-average shares outstanding used in the above calculations due to the Company's net loss.

The following weighted-average common share equivalents were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive (amounts in thousands):


	13 Weeks Ended
	April 4, 2026	March 29, 2025
Stock options	1,752	1,149
RSUs	1,442	1,054
Total	3,194	2,203