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