XML 20 R9.htm IDEA: XBRL DOCUMENT
v3.25.1

Loss per Share | 3 Months Ended
--- | ---
Apr. 27, 2025
Earnings Per Share [Abstract] |
Loss per Share | Earnings (Loss) per Share The computation of basic and diluted earnings (loss) per share was as follows:
| Three Months Ended |  |
(in thousands, except per share data) | April 27, 2025 |  | April 28, 2024 |  |  |  |
Net income (loss) | $ | 19,345 |  |  | $ | (23,159) |  |  |  |  |
Weighted-average shares outstanding–basic | 86,441 |  |  | 64,509 |  |  |  |  |
Dilutive effect of share-based compensation | 1,430 |  |  | — |  |  |  |  |
Dilutive effect of 2027 Notes | 276 |  |  | — |  |  |  |  |
Dilutive effect of 2028 Notes | 1,432 |  |  | — |  |  |  |  |
Weighted-average shares outstanding–diluted | 89,579 |  |  | 64,509 |  |  |  |  |
Earnings (loss) per share: |  |  |  |  |  |  |
Basic | $ | 0.22 |  |  | $ | (0.36) |  |  |  |  |
Diluted | $ | 0.22 |  |  | $ | (0.36) |  |  |  |  |
Anti-dilutive shares not included in the above calculations: |  |  |  |  |  |  |
Share-based compensation | 391 |  |  | 1,190 |  |  |  |  |
Warrants | 8,573 |  |  | 8,573 |  |  |  |  |
Total anti-dilutive shares | 8,964 |  |  | 9,763 |  |  |  |  |
Basic earnings or loss per share is computed by dividing net income or loss available to common stockholders by the weighted-average number of shares of common stock outstanding during the reporting period. Diluted earnings or loss per share incorporates the incremental shares issuable, calculated using the treasury stock method, upon the assumed exercise of non-qualified stock options and the vesting of restricted stock units, market-condition restricted stock units and financial metric-based restricted stock units if certain conditions have been met, but excludes such incremental shares that would have an anti-dilutive effect. Due to the Company's net loss for the three months ended April 28, 2024, all shares underlying stock options and restricted stock units were considered anti-dilutive. Any dilutive effect of the Warrants (as defined in Note 8, Long-Term Debt) is calculated using the treasury-stock method. For the three months ended April 27, 2025 and April 28, 2024, the Warrants were excluded from diluted shares outstanding because the exercise price exceeded the average market price of the Company's common stock for the reporting periods, and for the three months ended April 28, 2024, they were also excluded due to net loss.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration