Earnings per Share

3 Months Ended

Mar. 31, 2023


Note 10 – Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share and a reconciliation of the numerator and denominator used in the calculation:


	Three Months Ended
	March 31, 2023		April 1, 2022
Numerator:
Net income (loss)	$	(5)	$	8,039
Denominator:
Basic weighted average ordinary shares outstanding	28,984,878		28,592,629
Dilutive effect of options	—		292,828
Dilutive effect of RSUs	—		135,860
Dilutive effect of ESPP	—		2,138
Diluted weighted average ordinary shares outstanding	28,984,878		29,023,455
Securities excluded from the calculation of diluted weighted average ordinary shares outstanding (1)	1,879,000		267,000
Net income (loss) per share:
Basic	$	0.00	$	0.28
Diluted	$	0.00	$	0.28

(1)Represents potentially dilutive options and RSUs excluded from the calculation of diluted weighted average ordinary shares outstanding, because including them would have been antidilutive under the treasury stock method.