Earnings Per Share (Tables)

6 Months Ended

Apr. 01, 2023

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the earnings (loss) per share computation for the periods presented:


	Three Months Ended				Six Months Ended
(in thousands except for share data)	April 1, 2023		April 2, 2022		April 1, 2023		April 2, 2022
Numerator:
Net income (loss)	$	7,130	$	(12,147)	$	(4,164)	$	(16,229)

Denominator:
Weighted-average common shares outstanding	32,033,709		31,981,073		32,029,999		30,039,240
Weighted-average dilutive securities, restricted stock	270,156		—		—		—

Weighted-average dilutive securities, stock options	18,298		—		—		—

Weighted-average shares and dilutive potential common shares (1)	32,322,163		31,981,073		32,029,999		30,039,240

Earnings (loss) per share:
Basic earnings (loss) per share	$	0.22	$	(0.38)	$	(0.13)	$	(0.54)
Diluted earnings (loss) per share	$	0.22	$	(0.38)	$	(0.13)	$	(0.54)

(1) Potentially dilutive securities representing 0.4 million and 0.3 million shares of common stock were excluded from the computation of diluted earnings per share for the three month periods ending April 1, 2023 and April 2, 2022, respectively, and potentially dilutive securities representing 0.7 million and 0.3 million shares of common stock were excluded from the computation of diluted earnings per share for the six months ending April 1, 2023 and April 2, 2022, respectively, as their effect would have been antidilutive.