Earnings per Share

12 Months Ended

Dec. 27, 2024


Note 11 – Earnings per Share

The following table sets forth the computation of our basic and diluted net income (loss) per share and a reconciliation of the numerator and denominator used in the calculation:


	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
Numerator:
Net income (loss)	$	(20,820)	$	(42,985)	$	72,804
Denominator:
Basic weighted average ordinary shares outstanding	32,759,896		29,200,796		28,714,550
Dilutive effect of options	—		—		165,855
Dilutive effect of RSUs	—		—		74,853
Dilutive effect of ESPP	—		—		7,773
Diluted weighted average ordinary shares outstanding	32,759,896		29,200,796		28,963,031
Securities excluded from the calculation of diluted weighted average ordinary shares outstanding (1)	2,557,000		2,632,000		959,000
Earnings per share:
Net income (loss) per share:
Basic	$	(0.64)	$	(1.47)	$	2.54
Diluted	$	(0.64)	$	(1.47)	$	2.51

(1)Represents potentially dilutive options and RSUs that were excluded from the calculation of net income per share, because including them would have been antidilutive under the treasury stock method.