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NET INCOME PER SHARE (Tables)
9 Months Ended
Sep. 26, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of the basic and diluted net income per share:

 

Three Months Ended

 

Nine Months Ended

(in thousands, except per share amounts)

September 26, 2025

 

September 27, 2024

 

 

September 26, 2025

 

 

September 27, 2024

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

2,694

 

$

21,718

 

$

11,505

 

$

1,097

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

112,982

 

 

116,403

 

 

114,221

 

 

114,594

2024 Notes

 

 

 

 

 

 

 

1,914

Restricted stock units

 

341

 

 

940

 

 

376

 

 

869

Stock purchase rights under the ESPP

 

 

 

15

 

 

5

 

 

8

Diluted

 

113,323

 

 

117,358

 

 

114,602

 

 

117,385

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.02

 

$

0.19

 

$

0.10

 

$

0.01

Diluted

$

0.02

 

$

0.19

 

$

0.10

 

$

0.01

Schedule of Antidilutive Securities

The following table sets forth the potential dilutive shares that were excluded from the computation of diluted net income per share, because their effects were anti-dilutive:

 

Three Months Ended

 

Nine Months Ended

(in thousands)

September 26, 2025

 

September 27, 2024

 

September 26, 2025

 

 

September 27, 2024

Restricted stock units

 

894

 

 

165

 

 

1,022

 

 

676

Stock purchase rights under the ESPP

 

374

 

 

 

 

241

 

 

Total

 

1,268

 

 

165

 

 

1,263

 

 

676