Three Months Ended

Nine Months Ended

September 30,

October 1,

September 30,

October 1,

2023

2022

2023

2022

Numerator:

Net income (loss)

$

43,731

$

(206,036

)

$

(24,120

)

$

(221,087

)

Denominator:

Weighted average shares of common stock outstanding

78,979

70,383

75,861

70,258

Effect of dilutive common stock equivalents

1,659

—

—

—

Weighted average diluted common shares outstanding

80,638

70,383

75,861

70,258

Earnings (net loss) per share

Basic

$

0.55

$

(2.93

)

$

(0.32

)

$

(3.15

)

Diluted

$

0.54

$

(2.93

)

$

(0.32

)

$

(3.15

)