Basic (net loss) earnings per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted (net loss) earnings per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

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


	Three Months Ended					Nine Months Ended
	September 28,			September 30,		September 28,			September 30,
	2024			2023		2024			2023
Numerator:
Net (loss) income	$	(46,192	)	$	43,731	$	(370,824	)	$	(24,120	)
Denominator:
Weighted average shares of common stock outstanding		79,732			78,979		79,474			75,861
Effect of dilutive common stock equivalents		—			1,659		—			—
Weighted average diluted common shares outstanding		79,732			80,638		79,474			75,861
(Net loss) earnings per share
Basic	$	(0.58	)	$	0.55	$	(4.67	)	$	(0.32	)
Diluted	$	(0.58	)	$	0.54	$	(4.67	)	$	(0.32	)

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted (net loss) earnings per share was 9,966 and 6,770 for the three months ended September 28, 2024 and September 30, 2023, respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted net loss per share was 9,490 and 9,341 for the nine months ended September 28, 2024 and September 30, 2023, respectively.