XML 90 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Net Income (Loss) Per Share Attributable to Common Stockholders
9 Months Ended
Jul. 03, 2021
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Stockholders Net Income (Loss) Per Share Attributable to Common Stockholders
Basic net income (loss) attributable to common stockholders per share is calculated by dividing net income (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding less shares subject to repurchase. Diluted net income (loss) per share attributable to common stockholders adjusts the basic net income (loss) per share attributable to common stockholders and the weighted-average number of shares of common stock outstanding for the potentially dilutive impact of stock awards, using the treasury stock method.
 
The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share attributable to common stockholders:
Three Months EndedNine Months Ended
July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
(In thousands, except share and per share data)
Numerator:
Net income (loss) attributable to common stockholders - basic and diluted$17,826 $(56,980)$167,339 $(38,526)
Denominator:
Weighted-average shares of common stock—basic125,138,279 109,477,622 120,876,472 109,325,785 
Effect of potentially dilutive stock options10,702,443 — 10,282,836 — 
Effect of RSUs8,276,118 — 8,103,126 — 
Effect of PSUs64,792 — 31,341 — 
Weighted-average shares of common stock—diluted144,181,632 109,477,622 139,293,775 109,325,785 
Net income (loss) per share attributable to common stockholders:
Basic$0.14 $(0.52)$1.38 $(0.35)
Diluted$0.12 $(0.52)$1.20 $(0.35)

The following potentially dilutive shares were excluded from the computation of diluted net income (loss) per share attributable to common stockholders because including them would have been antidilutive:

Three Months EndedNine Months Ended
July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
Stock options to purchase common stock5,887,084 32,940,890 10,161,710 34,720,498 
Restricted stock units2,709,489 10,076,832 3,806,326 8,038,804 
Performance stock units56,742 — 33,653 — 
Total8,653,315 43,017,722 14,001,689 42,759,302