v3.25.2
Earnings (Net Loss) Per Share
6 Months Ended
Jul. 04, 2025
Earnings Per Share [Abstract]  
Earnings (Net Loss) Per Share Earnings (Net Loss) Per Share
Basic earnings per share amounts are computed by dividing earnings (net loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share amounts are computed by dividing earnings (net loss) for the period by the weighted average number of shares of common stock and potentially dilutive common stock outstanding during the period. Potentially dilutive common shares include shares issuable upon the exercise of outstanding stock options and vesting of RSUs and PSUs, which are reflected in diluted earnings per share by application of the treasury stock method.
The Company excluded 241 and 281 shares from the calculation of diluted earnings per share for the three and six months ended July 4, 2025 and 145 and 103 for the three and six months ended June 28, 2024, respectively, as these shares would have been antidilutive. Due to the net loss reported for the six months ended July 4, 2025, there were no dilutive shares included in the calculation of diluted net loss per share for the period.
The following table presents the calculation of basic and diluted earnings per share:
For the three months endedFor the six months ended
July 4, 2025June 28, 2024July 4, 2025June 28, 2024
Net income (loss) attributable to FOX stockholders
$2,744 $5,407 $(256,950)$1,911 
Weighted average shares used to compute basic earnings per share41,788 41,673 41,749 41,662 
Dilutive effect of employee stock plans78 32 — 55 
Weighted average shares used to compute diluted earnings per share41,866 41,705 41,749 41,717 
Earnings (net loss) per share:
Basic$0.07 $0.13 $(6.15)$0.05 
Diluted$0.07 $0.13 $(6.15)$0.05