v3.26.1
NET INCOME PER SHARE (Tables)
6 Months Ended
Jul. 03, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of the basic and diluted net income per share:

Three Months Ended

 

Six Months Ended

(in thousands, except per share amounts)

July 3, 2026

 

June 27, 2025

 

July 3, 2026

 

June 27, 2025

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

$

17,051

 

$

(857)

 

$

26,699

 

$

1,512

Income (loss) from discontinued operations

 

(19,375)

 

 

3,728

 

 

(21,714)

 

 

7,299

Net income (loss)

$

(2,324)

 

$

2,871

 

$

4,985

 

$

8,811

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

108,654

 

 

113,392

 

 

109,186

 

 

114,855

Restricted stock units

 

980

 

 

 

 

960

 

 

394

Stock purchase rights under the ESPP

 

48

 

 

 

 

30

 

 

7

Diluted

 

109,682

 

 

113,392

 

 

110,176

 

 

115,256

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.16

 

$

(0.01)

 

$

0.24

 

$

0.01

Discontinued operations

 

(0.18)

 

 

0.04

 

 

(0.19)

 

 

0.07

Basic net income (loss) per share

$

(0.02)

 

$

0.03

 

$

0.05

 

$

0.08

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.16

 

$

(0.01)

 

$

0.24

 

$

0.01

Discontinued operations

 

(0.18)

 

 

0.04

 

 

(0.19)

 

 

0.07

Diluted net income (loss) per share

$

(0.02)

 

$

0.03

 

$

0.05

 

$

0.08

Schedule of Antidilutive Securities

The following table sets forth the potential dilutive shares that were excluded from the computation of diluted net income per share, because their effects were anti-dilutive:

 

Three Months Ended

 

Six Months Ended

(in thousands)

July 3, 2026

 

June 27, 2025

 

July 3, 2026

 

June 27, 2025

Restricted stock units

 

41

 

 

2,422

 

 

407

 

 

1,146

Stock purchase rights under the ESPP

 

170

 

 

351

 

 

85

 

 

175

Total

 

211

 

 

2,773

 

 

492

 

 

1,321