Basic (net loss) earnings per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted (net loss) earnings 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 (net loss) earnings per share data:


	Three Months Ended					Nine Months Ended
	October 1,			October 2,		October 1,			October 2,
	2022			2021		2022			2021
Numerator:
Net (loss) income	$	(206,036	)	$	46,330	$	(218,902	)	$	36,963
Denominator:
Weighted average shares of common stock outstanding		70,383			69,875		70,258			69,516
Effect of dilutive common stock equivalents		—			985		—			1,350
Weighted average diluted common shares outstanding		70,383			70,860		70,258			70,866
(Net loss) earnings per share
Basic	$	(2.93	)	$	0.66	$	(3.12	)	$	0.53
Diluted	$	(2.93	)	$	0.65	$	(3.12	)	$	0.52

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted (net loss) earnings per share was 9,229 and 5,426 for the three months ended October 1, 2022 and October 2, 2021, 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) earnings per share was 8,307 and 5,270 for the nine months ended October 1, 2022 and October 2, 2021, respectively.