Basic earnings per share is calculated by dividing net income by the weighted average number of ordinary shares outstanding during the period. Diluted earnings per share is calculated by adjusting the weighted average outstanding shares, assuming conversion of all potentially dilutive stock options and awards.The following table sets forth the computation of basic and diluted earnings per share and a reconciliation of the numerator and denominator used in the calculation:


	Three Months Ended				Six Months Ended
	June 26, 2026		June 27, 2025		June 26, 2026		June 27, 2025
Numerator:
Net income (loss)	$	998	$	(9,408)	$	(1,471)	$	(13,967)
Denominator:
Basic weighted average ordinary shares outstanding	35,397,839		34,179,382		35,002,436		34,088,873
Dilutive effect of options	10,555		—		—		—
Dilutive effect of RSUs	862,799		—		—		—
Dilutive effect of ESPP	31,086		—		—		—
Diluted weighted average ordinary shares outstanding	36,302,279		34,179,382		35,002,436		34,088,873
Securities excluded from the calculation of diluted weighted average ordinary shares outstanding (1)	225,000		1,995,000		2,231,000		2,322,000
Net income (loss) per share:
Basic	$	0.03	$	(0.28)	$	(0.04)	$	(0.41)
Diluted	$	0.03	$	(0.28)	$	(0.04)	$	(0.41)

(1)Represents potentially dilutive options and RSUs excluded from the calculation of diluted weighted average ordinary shares outstanding, because including them would have been antidilutive under the treasury stock method.