Net Income (Loss) Per Share

6 Months Ended

Jul. 03, 2021

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

10. Net Income (Loss) Per Share

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

	Three Months Ended					Six Months Ended
	July 3, 2021			June 27, 2020		July 3, 2021			June 27, 2020
	(In thousands, except per share amounts)
Net income (loss)	$	(6,126	)	$	1,524	$	(12,630	)	$	300
Weighted-average shares – basic		24,241			23,561		24,137			23,522
Effect of dilutive potential common shares		—			345		—			431
Weighted-average shares – diluted		24,241			23,906		24,137			23,953
Net income (loss) per share – basic	$	(0.25	)	$	0.06	$	(0.52	)	$	0.01
Net income (loss) per share – diluted	$	(0.25	)	$	0.06	$	(0.52	)	$	0.01

The following potentially dilutive securities were excluded (as common stock equivalents) from the computation of diluted net income (loss) per share for the periods presented as their effect would have been antidilutive:

	Three Months Ended				Six Months Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
	(In thousands)
Stock options to purchase common stock		1,544		1,596		1,544		1,596
RSUs		1,101		19		1,101		19
Employee stock purchase plan		8		2		8		2