Net income (Loss) Per Share (Tables)

9 Months Ended

Oct. 01, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

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

	Three Months Ended				Nine Months Ended
	October 1, 2023		October 2, 2022		October 1, 2023		October 2, 2022
Basic net income (loss) per share:
Net income (loss)	$	12,618	$	(8,697)	$	28,436	$	(56,442)
Less: Income attributable to non-vested shares	(696)		—		(1,364)		—
Less: Income attributable to preferred stock	(1,841)		—		(4,181)		—
Net income (loss) available to common stockholders	$	10,081	$	(8,697)	$	22,891	$	(56,442)
Weighted average common shares outstanding	51,560,307		50,805,461		51,506,367		50,689,730
Basic net income (loss) per share	$	0.20	$	(0.17)	$	0.44	$	(1.11)
Diluted net income (loss) per share:
Net income (loss)	$	12,618	$	(8,697)	$	28,436	$	(56,442)
Shares used in computing diluted net income (loss) per share	51,560,307		50,805,461		51,506,367		50,689,730
Dilutive effect of preferred stock and non-vested shares	11,267,568		—		10,618,097		—
Shares used in computing diluted net income (loss) per share	62,827,875		50,805,461		62,124,464		50,689,730
Diluted net income (loss) per share	$	0.20	$	(0.17)	$	0.44	$	(1.11)
Shares excluded from diluted net income (loss) per share computations(1)	—		11,921,161		—		11,921,161

(1)Shares issuable upon conversion of preferred stock and non-vested shares (including non-vested restricted stock units) were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive in such periods.