Net Loss Per Share (Tables)

3 Months Ended

Mar. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net (Loss) Income per Share

Basic and diluted net loss per share were as follows:

	Thirteen Weeks Ended
(in thousands, except per share data)	March 30, 2024		April 1, 2023
Numerator
Net loss	$	(467)	$	(10,195)
Denominator
Basic weighted average common shares outstanding	161,247		141,695
Dilutive effect of employee stock options and awards	—		—
Diluted weighted average common shares outstanding (1)	161,247		141,695
Net loss per share
Basic	$	(0.00)	$	(0.07)
Diluted	$	(0.00)	$	(0.07)

(1)For the thirteen weeks ended March 30, 2024, the calculation of diluted net loss per share excludes the effect of 8,118 potential shares of common stock relating to awards of stock options and restricted stock units that, if exercised, would have been antidilutive. For the thirteen weeks ended April 1, 2023, the calculation of diluted net loss per share excludes the effect of 4,644 potential shares of common stock relating to awards of stock options that, if exercised, would have been antidilutive.