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Net Income (Loss) Per Share
6 Months Ended
Jun. 29, 2024
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

13. NET INCOME (LOSS) PER SHARE

Basic and diluted net income (loss) per share attributable to common stockholders was calculated as follows (in thousands, except share and per share data):

Fiscal Quarter Ended

Two Fiscal Quarters Ended

    

June 29, 2024

    

July 1, 2023

    

June 29, 2024

    

July 1, 2023

Numerator:

  

  

  

  

Net income (loss) attributable to common stockholders

$

13,279

$

5,715

$

5,415

$

(8,653)

Denominator:

 

  

 

  

  

 

  

Weighted-average common shares outstanding

 

Basic

115,469,246

112,248,822

115,254,088

112,175,510

Diluted

117,023,112

112,692,543

116,472,164

112,175,510

Net income (loss) per share attributable to common stockholders:

Basic

$

0.12

$

0.05

$

0.05

$

(0.08)

Diluted

$

0.11

$

0.05

$

0.05

$

(0.08)

As of June 29, 2024 and December 31, 2023, 115,555,660 and 114,828,896 shares of common stock were issued and outstanding for accounting purposes, respectively.

The following table includes the number of shares that may be dilutive common shares in the future that were not included in the computation of diluted net income (loss) per share because the effect was anti-dilutive:

    

Fiscal Quarter Ended

    

Two Fiscal Quarters Ended

    

June 29, 2024

    

July 1, 2023

June 29, 2024

    

July 1, 2023

Restricted stock awards

 

87,576

 

21,443

 

1,331,897

Restricted stock units

58,259

 

102,129

 

41,203

 

301,440

Stock options

1,432,041

 

1,730,204

 

1,476,599

 

1,808,350

Stock appreciation rights

647,582

529,681

652,790

264,841

Performance stock units

7,189

41,563