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Basic and Diluted Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 26, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 26, 2025

 

 

September 27, 2024

 

 

September 26, 2025

 

 

September 27, 2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

8,884

 

 

$

9,980

 

 

$

(62,139

)

 

$

14,020

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

49,633

 

 

 

49,199

 

 

 

49,499

 

 

 

49,078

 

Denominator for basic calculation

 

 

49,633

 

 

 

49,199

 

 

 

49,499

 

 

 

49,078

 

Weighted average effects of potentially diluted common stock:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

96

 

 

 

339

 

 

 

 

 

 

384

 

Unvested restricted stock

 

 

 

 

 

1

 

 

 

 

 

 

4

 

RSUs

 

 

452

 

 

 

83

 

 

 

 

 

 

84

 

PSUs

 

 

368

 

 

 

109

 

 

 

 

 

 

64

 

Denominator for diluted calculation

 

 

50,549

 

 

 

49,731

 

 

 

49,499

 

 

 

49,614

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.18

 

 

$

0.20

 

 

$

(1.26

)

 

$

0.29

 

Diluted

 

$

0.18

 

 

$

0.20

 

 

$

(1.26

)

 

$

0.28

 

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 26, 2025

 

 

September 27, 2024

 

 

September 26, 2025

 

 

September 27, 2024

 

Stock options

 

 

4,322

 

 

 

3,484

 

 

 

6,090

 

 

 

3,350

 

Restricted stock, RSUs and PSUs

 

 

338

 

 

 

204

 

 

 

889

 

 

 

64

 

Total

 

 

4,660

 

 

 

3,688

 

 

 

6,979

 

 

 

3,414