Net (Loss) Income Per (Tables)

3 Months Ended

Apr. 01, 2023

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net (Loss) Income Per Share

The following is a computation of basic and diluted net (loss) income per share (amounts in thousands, except per share amounts):

	For the three-month periods ended
	April 1, 2023			April 2, 2022
Numerator:
Net (loss) income	$	(31,998	)	$	25,334
Denominator:
Weighted average shares of common stock outstanding (1), basic		189,054			184,927
Net (loss) income per share, basic	$	(0.17	)	$	0.14
Weighted average shares of common stock outstanding (1), diluted		189,054			185,427
Net (loss) income per share, diluted	$	(0.17	)	$	0.14
Dilutive securities outstanding not included in the computation of diluted net loss per share as their effect is antidilutive:
RSUs		8,570			4,394
PSUs		4,620			1,390
Stock options		14,236			9,347

(1)The calculation of weighted average shares of common stock outstanding includes all vested deferred restricted stock units.