Basic net income per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding for the period. Diluted net income per share is calculated by dividing net income by the diluted weighted average

number of shares of common stock outstanding for the period. For purposes of this calculation, outstanding stock options, RSUs and PSUs are considered potential dilutive shares of common stock. The following is a computation of basic and diluted net income per share (amounts in thousands, except per share amounts):


	For the three-month periods ended				For the six-month periods ended
	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Numerator:
Net income	$	40,293	$	27,025	$	81,946	$	32,218
Denominator:
Weighted average shares of common stock outstanding (1), basic		217,799		200,968		216,197		197,819
Net income per share, basic	$	0.19	$	0.13	$	0.38	$	0.16

Weighted average shares of common stock outstanding (1), diluted		224,864		210,442		223,482		206,763
Net income per share, diluted	$	0.18	$	0.13	$	0.37	$	0.16
Dilutive securities outstanding not included in the computation of diluted net income per share, as their effect is antidilutive:
RSUs		1,011		70		1,011		70
PSUs		1,010		-		1,010		-
Stock options		3,206		3,206		3,206		3,206

(1)

The calculation of weighted average shares of common stock outstanding includes all vested deferred restricted stock units.