v3.26.3
Basic and Diluted Net Income (Loss) Per Share (Tables)
9 Months Ended
Oct. 02, 2026
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands except per share amounts):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 2, 2026

 

 

September 26, 2025

 

 

October 2, 2026

 

 

September 26, 2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

5,575

 

 

$

8,884

 

 

$

18,839

 

 

$

(62,139

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

50,542

 

 

 

49,633

 

 

 

50,257

 

 

 

49,499

 

Denominator for basic calculation

 

 

50,542

 

 

 

49,633

 

 

 

50,257

 

 

 

49,499

 

Weighted average effects of potentially diluted common stock:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

51

 

 

 

96

 

 

 

56

 

 

 

—

 

PSOs

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

RSUs

 

 

391

 

 

 

452

 

 

 

520

 

 

 

—

 

PSUs

 

 

465

 

 

 

368

 

 

 

569

 

 

 

—

 

Denominator for diluted calculation

 

 

51,449

 

 

 

50,549

 

 

 

51,402

 

 

 

49,499

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.11

 

 

$

0.18

 

 

$

0.37

 

 

$

(1.26

)

Diluted

 

$

0.11

 

 

$

0.18

 

 

$

0.37

 

 

$

(1.26

)

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 2, 2026

 

 

September 26, 2025

 

 

October 2, 2026

 

 

September 26, 2025

 

Stock options and PSOs

 

 

1,611

 

 

 

2,020

 

 

 

1,505

 

 

 

2,346

 

Restricted stock, RSUs and PSUs

 

 

69

 

 

 

1,076

 

 

 

33

 

 

 

803

 

Total

 

 

1,680

 

 

 

3,096

 

 

 

1,538

 

 

 

3,149