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


	Three Months Ended
	June 27, 2026		June 28, 2025
Numerator:
Numerator for basic and diluted net income per share — net income available to common stockholders	$	85,802	$	25,594
Denominator:
Denominator for basic net income per share — weighted-average shares	88,035		92,915
Effect of dilutive securities:
Stock-based awards	1,325		855
Denominator for diluted net income per share — adjusted weighted-average shares and assumed conversions	89,360		93,770
Basic net income per share	$	0.97	$	0.28
Diluted net income per share	$	0.96	$	0.27

An immaterial number of shares of outstanding stock-based awards were excluded from the computation of net income per diluted share for the three months ended June 27, 2026 because the effect of their inclusion would have been anti-dilutive. In the computation of diluted net income per share for the three months ended June 28, 2025, approximately 1.5 million shares of outstanding stock-based awards were excluded because the effect of their inclusion would have been anti-dilutive.