| Computation of Basic and Diluted Earnings Per Share |
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.
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