The reconciliations of basic and diluted net (loss) income per common share for the three and six months ended July 4, 2026 and June 28, 2025 are set forth in the table below (in thousands, except per share data):


	Three Months Ended					Six Months Ended
	July 4, 2026			June 28, 2025		July 4, 2026			June 28, 2025
Net (loss) income available to common shareholders, basic and diluted	$	(8,770	)	$	38,588	$	(298,602	)	$	59,745
Weighted average number of common shares outstanding, basic		118,798			118,309		118,648			118,274
Effect of dilutive securities		—			62		—			72
Weighted average number of common shares outstanding, diluted		118,798			118,371		118,648			118,346
Net (loss) income per common share:
Basic	$	(0.07	)	$	0.33	$	(2.52	)	$	0.51
Diluted	$	(0.07	)	$	0.33	$	(2.52	)	$	0.50

During the three and six months ended July 4, 2026, 5.4 million shares of common stock from stock options and 2.9 million from RSUs were excluded from the calculation of diluted net (loss) income per common share as their effect was anti-dilutive due to a net loss available to common shareholders. During the three and six months ended June 28, 2025, 2.5 million shares of common stock from stock options for both periods and 0.7 million and 0.5 million from RSUs, respectively, were excluded from the calculation of diluted net (loss) income per common share as their effect was anti-dilutive.