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Income (Loss) per Share
 3 Months Ended
Apr. 03, 2021
Earnings Per Share [Abstract]  
Income (Loss) per Share Income (Loss) per ShareWe 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. Due to the financial results for the three-month period ended March 28, 2020, 0.1 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-month periods ended April 3, 2021, and March 28, 2020, were as follows:
Three Months Ended
April 3, 2021March 28, 2020
(In thousands, except per share data)
Net income (loss)$61,860 $(787)
Weighted-average shares outstanding - basic9,466 9,366 
Dilutive effect of share-based awards392 — 
Weighted-average shares outstanding - diluted9,858 9,366 
Basic income (loss) per share$6.53 $(0.08)
Diluted income (loss) per share$6.28 $(0.08)