Basic and Diluted Net Loss Per Share

3 Months Ended

Mar. 28, 2025

Note 12 — Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands except per share amounts):


	Three Months Ended
	March 28, 2025			March 29, 2024
Numerator:
Net loss	$	(54,211	)	$	(3,339	)
Denominator:
Weighted average common shares:
Common shares outstanding		49,344			48,907
Denominator for basic calculation		49,344			48,907
Weighted average effects of potentially diluted common stock:
Stock options		—			—
Unvested restricted stock		—			—
RSUs		—			—
PSUs		—			—
Denominator for diluted calculation		49,344			48,907
Net loss per share:
Basic	$	(1.10	)	$	(0.07	)
Diluted	$	(1.10	)	$	(0.07	)

Because the Company had a net loss for the three months ended March 28, 2025 and March 29, 2024, the number of diluted shares is equal to the number of basic shares. The following table sets forth (in thousands) the weighted average number of options to purchase shares of common stock, restricted stock, RSUs and PSUs with either exercise prices or unrecognized compensation cost per share greater than the average market price per share of the Company’s common stock, which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.


	Three Months Ended
	March 28, 2025		March 29, 2024
Stock options		7,004		4,316
Restricted stock, RSUs and PSUs		914		495
Total		7,918		4,811