Net Income per Common Share

3 Months Ended

Mar. 30, 2024

The components of basic and diluted net (loss) income per share were as follows (in thousands, except per share amounts):


	Three Months Ended
	March 30, 2024		April 1, 2023
Net (loss) income	$	(7,482)	$	11,465
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	22,506		22,296
Dilutive effect of stock-based awards	—		287
Diluted weighted-average shares outstanding	22,506		22,583
Net (loss) income per share – basic	$	(0.33)	$	0.51
Net (loss) income per share – diluted	$	(0.33)	$	0.51

For the three months ended March 30, 2024, otherwise dilutive stock-based awards have been excluded from the calculation of diluted weighted-average shares outstanding, as their inclusion would have had an anti-dilutive effect on our net loss per diluted share. Additional potential dilutive stock-based awards totaling 1.3 million and 1.1 million for the three months ended March 30, 2024 and April 1, 2023, respectively, have been excluded from the diluted net (loss)/income per share calculations because these stock-based awards were anti-dilutive.