v3.24.1.u1
Earnings (Net Loss) Per Share (Tables)
3 Months Ended
Mar. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the calculation of basic and diluted earnings (net loss) per share (amounts in thousands, except per share data):
13 Weeks Ended
March 30,
2024
April 1,
2023
Numerator
Net income (loss) and comprehensive income (loss)$(1,025)$13,720 
Denominator
Weighted-average shares outstanding – basic
99,520 97,920 
Effect of dilutive options— 2,122 
Effect of dilutive RSUs and PSUs (1)
— 527 
Weighted-average shares outstanding – diluted
99,520 100,569 
Earnings (net loss) per share:
Basic$(0.01)$0.14 
Diluted$(0.01)$0.14 
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(1)We are required to include in diluted weighted-average shares outstanding contingently issuable shares that would be issued assuming the end of our reporting period was the end of the relevant PSU award contingency period.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following weighted-average common share equivalents were excluded from the calculation of diluted earnings (net loss) per share because their effect would have been anti-dilutive (amounts in thousands):
13 Weeks Ended
March 30,
2024
April 1,
2023
Time-based stock options1,136—
RSUs and PSUs89595
Total2,03195