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Per Share Data | 6 Months Ended
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Jul. 01, 2023
Earnings Per Share [Abstract] |
Per Share Data | 8. Per Share Data Basic earnings (net loss) per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted earnings (net loss) per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents. The following table sets forth the computation of basic and diluted earnings (net loss) per share:
| Three Months Ended |  |  | Six Months Ended |
| July 1, |  |  | July 2, |  |  | July 1, |  |  | July 2, |
| 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 50,828 |  |  | $ | (4,623 | ) |  | $ | (67,851 | ) |  | $ | (12,866 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares of common stock outstanding |  | 78,007 |  |  |  | 70,305 |  |  |  | 74,302 |  |  |  | 70,195 |
Effect of dilutive common stock equivalents |  | 584 |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted average diluted common shares outstanding |  | 78,591 |  |  |  | 70,305 |  |  |  | 74,302 |  |  |  | 70,195 |
Earnings (net loss) per share |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.65 |  |  | $ | (0.07 | ) |  | $ | (0.91 | ) |  | $ | (0.18 | )
Diluted | $ | 0.65 |  |  | $ | (0.07 | ) |  | $ | (0.91 | ) |  | $ | (0.18 | )
The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted earnings (net loss) per share was 9,068 and 8,732 for the three months ended July 1, 2023 and July 2, 2022, respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted net loss per share was 9,485 and 7,848 for the six months ended July 1, 2023 and July 2, 2022, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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