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NET INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 27, 2025
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
Basic earnings per share is computed by dividing net income (loss) for the period by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares and potentially dilutive securities outstanding during the period using the treasury stock method for the Company’s restricted stock units, shares issuable under the ESPP, and the if-converted method for the 2024 Notes.
As noted in Note 6, “Debt,” the principal amount of the 2024 Notes was settled in cash while the conversion spread value was settled in shares.
The following table sets forth the computation of the basic and diluted net income per share:
 Three Months EndedSix Months Ended
(in thousands, except per share amounts)June 27, 2025June 28, 2024June 27, 2025June 28, 2024
Numerator:
Net income (loss)$2,871 $(12,532)$8,811 $(20,621)
Denominator:
Weighted average number of shares outstanding:
Basic113,392 115,030 114,855 113,705 
Restricted stock units101 — 394 — 
Stock purchase rights under the ESPP— — 7 — 
Diluted113,493 115,030 115,256 113,705 
Net income (loss) per share:
Basic$0.03 $(0.11)$0.08 $(0.18)
Diluted$0.03 $(0.11)$0.08 $(0.18)
The following table sets forth the potential dilutive shares that were excluded from the computation of diluted net income (loss) per share, because their effects were anti-dilutive:
 Three Months EndedSix Months Ended
(in thousands)June 27, 2025June 28, 2024June 27, 2025June 28, 2024
2024 Notes— 1,157 — 2,722 
Restricted stock units1,852 2,794 1,146 2,996 
Stock purchase rights under the ESPP351 306 175 311 
   Total2,203 4,257 1,321 6,029