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Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 29, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share The following is a computation of basic and diluted net income (loss) per share (amounts in thousands, except per share amounts):

 

 

For the three-month periods ended

 

 

March 29, 2025

 

March 30, 2024

 

Numerator:

 

 

 

 

Net income (loss)

$

5,193

 

$

(11,172

)

Denominator:

 

 

 

 

Weighted average shares of common stock outstanding (1), basic

 

194,671

 

 

192,241

 

Net income (loss) per share, basic

$

0.03

 

$

(0.06

)

 

 

 

 

 

Weighted average shares of common stock outstanding (1), diluted

 

206,238

 

 

192,241

 

Net income (loss) per share, diluted

$

0.03

 

$

(0.06

)

Dilutive securities outstanding not included in the computation of diluted net income (loss) per share, as their effect is antidilutive:

 

 

 

 

RSUs

 

-

 

 

9,709

 

PSUs

 

-

 

 

6,558

 

Stock options

 

13,001

 

 

13,153

 

 

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