Three Months Ended

Nine Months Ended

(In thousands, except per share data)

September 29, 2024

October 1, 2023

September 29, 2024

October 1, 2023

Numerator:

Net income (loss)

$

85,074

$

(84,799

)

$

21,249

$

(103,098

)

Denominator:

Weighted average common shares – basic

28,705

29,524

28,992

29,266

Potentially dilutive common share equivalent

659

—

397

—

Weighted average common shares – dilutive

29,364

29,524

29,389

29,266

Basic net income (loss) per share

$

2.96

$

(2.87

)

$

0.73

$

(3.52

)

Diluted net income (loss) per share

$

2.90

$

(2.87

)

$

0.72

$

(3.52

)

Anti-dilutive employee stock-based awards, excluded

1,332

2,563

1,053

2,358