Net Income per Common Share

6 Months Ended

Jun. 29, 2024

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

amounts):


	Three Months Ended		Six Months Ended
	June 29, 2024	July 1, 2023	June 29, 2024	July 1, 2023
Net (loss) income	$(5,051)	$754	$(12,533)	$12,219
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	22,614	22,460	22,560	22,378
Dilutive effect of stock-based awards	—	42	—	165
Diluted weighted-average shares outstanding	22,614	22,502	22,560	22,543
Net (loss) income per share – basic	$(0.22)	$0.03	$(0.56)	$0.55
Net (loss) income per share – diluted	$(0.22)	$0.03	$(0.56)	$0.54

For the three and six months ended June 29, 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 for both the three

months ended June 29, 2024 and July 1, 2023, and 1.3 million and 1.2 million for the six months ended June 29, 2024

and July 1, 2023, respectively, have been excluded from the diluted net (loss)/income per share calculations because

these stock-based awards were anti-dilutive.