| Net Income (Loss) Per Common Share The following table sets forth the computation of basic and diluted net income (loss) per common share for the periods indicated (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 27, 2026 | | June 28, 2025 | | June 27, 2026 | | June 28, 2025 | | Numerator: | | | | | | | | | | Net income (loss) | | $ | 17,111 | | | $ | (199) | | | $ | 28,321 | | | $ | (4,986) | | | Denominator: | | | | | | | | | | Weighted-average common shares outstanding used to compute basic net income (loss) per share | | 63,516 | | | 64,525 | | | 64,579 | | | 65,321 | | | Effect of dilutive common stock equivalents | | 1,991 | | | — | | | 2,377 | | | — | | | Weighted-average common shares outstanding used to compute diluted net income (loss) per share | | 65,507 | | | 64,525 | | | 66,956 | | | 65,321 | | | Net income (loss) per common share: | | | | | | | | | | Basic net income (loss) per common share | | $ | 0.27 | | | $ | (0.00) | | | $ | 0.44 | | | $ | (0.08) | | | Diluted net income (loss) per common share | | $ | 0.26 | | | $ | (0.00) | | | $ | 0.42 | | | $ | (0.08) | | | Potentially dilutive shares excluded, weighted average | | 7,553 | | | 15,086 | | | 7,100 | | | 14,369 | |
Potentially dilutive shares have been excluded from the computation of diluted net income (loss) per common share when their effect is antidilutive. These antidilutive shares were primarily from stock options.
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