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Net (Loss) Income per Common Share
9 Months Ended
Sep. 28, 2024
Earnings Per Share [Abstract]  
Net (Loss) Income per Common Share Net (Loss) Income per Common Share
The components of basic and diluted net (loss) income per share were as follows (in thousands, except per share
amounts):
Three Months Ended
Nine Months Ended
September 28,
2024
September 30,
2023
September 28,
2024
September 30,
2023
Net (loss) income
$(3,136)
$(2,318)
$(15,669)
$9,901
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding
22,643
22,479
22,588
22,412
Dilutive effect of stock-based awards
146
Diluted weighted-average shares outstanding
22,643
22,479
22,588
22,558
Net (loss) income per share – basic
$(0.14)
$(0.10)
$(0.69)
$0.44
Net (loss) income per share – diluted
$(0.14)
$(0.10)
$(0.69)
$0.44
For the three months ended September 28, 2024 and September 30, 2023, and for the nine months ended
September 28, 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 1.2 million and 1.1 million for the three months ended
September 28, 2024 and September 30, 2023, respectively, and 1.3 million and 1.2 million for the nine months ended
September 28, 2024 and September 30, 2023, respectively, have been excluded from the diluted net (loss)/income per
share calculations because these stock-based awards were anti-dilutive.