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Earnings (Loss) per Share | 6 Months Ended
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Jul. 27, 2025
Earnings Per Share [Abstract] |
Earnings (Loss) per Share | Loss per Share The computation of basic and diluted loss per share was as follows:
| Three Months Ended |  | Six Months Ended
(in thousands, except per share data) | July 27, 2025 |  | July 28, 2024 |  | July 27, 2025 |  | July 28, 2024
Net loss | $ | (27,064) |  |  | $ | (170,295) |  |  | $ | (7,719) |  |  | $ | (193,454) |
Weighted-average shares outstanding–basic | 86,707 |  |  | 65,281 |  |  | 86,574 |  |  | 64,895 |
Weighted-average shares outstanding–diluted | 86,707 |  |  | 65,281 |  |  | 86,574 |  |  | 64,895 |
Loss per share: |  |  |  |  |  |  |
Basic | $ | (0.31) |  |  | $ | (2.61) |  |  | $ | (0.09) |  |  | $ | (2.98) |
Diluted | $ | (0.31) |  |  | $ | (2.61) |  |  | $ | (0.09) |  |  | $ | (2.98) |
Anti-dilutive shares not included in the above calculations: |  |  |  |  |  |  |
Share-based compensation | 1,777 |  |  | 911 |  |  | 1,667 |  |  | 888 |
Warrants | 8,573 |  |  | 8,573 |  |  | 8,573 |  |  | 8,573 |
Total anti-dilutive shares | 10,350 |  |  | 9,484 |  |  | 10,240 |  |  | 9,461 |
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 and six months ended July 27, 2025 and July 28, 2024, all shares underlying stock options and restricted stock units were considered anti-dilutive. Any dilutive effect of the 2027 Notes and 2028 Notes (as defined in Note 8, Long-Term Debt) is calculated using the if-converted method. For the three and six months ended July 27, 2025 and July 28, 2024, the 2027 Notes and 2028 Notes were excluded from diluted shares outstanding due to net loss in such reporting periods. Any dilutive effect of the Warrants (as defined in Note 8, Long-Term Debt) is calculated using the treasury-stock method. For the three and six months ended July 27, 2025 and July 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 due to net loss in such reporting periods.

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- 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
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