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Income (Loss) per Share
 9 Months Ended
Sep. 26, 2020
Earnings Per Share [Abstract]  
Income (Loss) per Share Income (Loss) per Share
We calculate basic income (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding. We calculate diluted income (loss) per share using the treasury stock method, by dividing net income (loss) by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including restricted stock units, and performance units. Due to the financial results for the three- and nine-month periods ended September 28, 2019, 0.1 million and 0.0 million of incremental shares were excluded from the computation of diluted weighted averages outstanding, because their effect would be anti-dilutive.
The reconciliation of basic net income (loss) and diluted net income (loss) per common share for the three- and nine-month periods ended September 26, 2020, and September 28, 2019, were as follows:
Three Months EndedNine Months Ended
September 26, 2020September 28, 2019September 26, 2020September 28, 2019
(In thousands, except per share data)(In thousands, except per share data)
Net income (loss)$55,116 $(7,043)$61,024 $(7,461)
Weighted-average shares outstanding - basic9,461 9,366 9,408 9,351 
Dilutive effect of share-based awards170 — 11 — 
Weighted-average shares outstanding - diluted9,631 9,366 9,419 9,351 
Basic income (loss) per share$5.83 $(0.75)$6.49 $(0.80)
Diluted income (loss) per share$5.72 $(0.75)$6.48 $(0.80)