The reconciliations of basic and diluted net (loss) income per common share for the three months ended April 4, 2026 and March 29, 2025 are set forth in the table below (in thousands, except per share data):


	Three Months Ended
	April 4, 2026			March 29, 2025
Net (loss) income available to common shareholders, basic and diluted	$	(289,832	)	$	21,157
Weighted average number of common shares outstanding, basic		118,498			118,239
Effect of dilutive securities		—			82
Weighted average number of common shares outstanding, diluted		118,498			118,321
Net (loss) income per common share:
Basic	$	(2.45	)	$	0.18
Diluted	$	(2.45	)	$	0.18

During the three months ended April 4, 2026, 5.4 million shares of common stock from stock options and 2.8 million from RSUs were excluded from the calculation of diluted net (loss) income per common share as their effect was anti-dilutive due to a net loss available to common shareholders. During the three months ended March 29, 2025, 2.5 million shares of common stock from stock options and 0.2 million from RSUs were excluded from the calculation of diluted net (loss) income per common share as their effect was anti-dilutive.