v3.26.1
Earnings (Loss) Per Share
6 Months Ended
Jul. 04, 2026
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):
Three Months EndedSix Months Ended
July 4,
2026
July 5,
2025
July 4,
2026
July 5,
2025
Net loss$(10,592)$(21,817)$(26,489)$(52,287)
Shares used in computing basic earnings per share33,20632,68233,08432,570
Effect of dilutive securities:
Stock-based awards
Shares used in computing diluted earnings per share33,20632,68233,08432,570
Loss per share:
Basic$(0.32)$(0.67)$(0.80)$(1.61)
Diluted$(0.32)$(0.67)$(0.80)$(1.61)
Diluted shares for the three and six months ended July 4, 2026 excluded 0.5 million and 0.5 million shares, respectively, and the three and six months ended July 5, 2025 excluded 0.2 million and 0.3 million shares, respectively, as they were anti-dilutive due to the Company’s net loss for the periods.
Securities that were anti-dilutive due to the Company’s stock price and were excluded from the computation of diluted earnings per share for the three and six months ended July 4, 2026 were not material, and for the three and six months ended and July 5, 2025 were 0.8 million and 0.5 million, respectively.