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NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 26, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss Per Common Share
The following table sets forth the computation of net loss per common share:
Thirteen weeks endedTwenty-six weeks ended
June 26,
2022
June 27,
2021
June 26,
2022
June 27,
2021
(dollar amounts in thousands)
Numerator:
Net loss$(40,033)$(26,883)$(89,233)$(56,928)
Denominator:
Weighted-average common shares outstanding—basic and diluted109,679,467 17,359,717 109,575,841 17,162,245 
Earnings per share—basic and diluted$(0.36)$(1.55)$(0.81)$(3.32)
Schedule of Anti-dilutive Shares Excluded The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the periods indicated because including them would have had an anti-dilutive effect:
Thirteen weeks endedTwenty-six weeks ended
June 26,
2022
June 27,
2021
June 26,
2022
June 27,
2021
Options to purchase common stock13,635,836 17,986,254 13,635,836 17,986,254 
Preferred stock— 71,466,912 — — 71,466,912 
Time-based vesting restricted stock units2,617,084 — 2,617,084 — 
Performance stock units6,621,428 — 6,621,428 — 
Contingently issuable stock714,285 — 714,285 — 
Total common stock equivalents23,588,633 89,453,166 23,588,633 89,453,166