Net Income (Loss) Per Share (Tables)

9 Months Ended

Jul. 01, 2023

Earnings Per Share [Abstract]

Schedule of net income (loss) per share

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share attributable to common stockholders:

	Three Months Ended						Nine Months Ended
	July 1, 2023			July 2, 2022			July 1, 2023		July 2, 2022
(In thousands, except share and per share data)
Numerator:
Net income (loss) attributable to common stockholders - basic and diluted	$	(23,571	)	$	(597	)	$	20,966	$	131,451
Denominator:
Weighted-average shares of common stock—basic		128,311,109			127,884,400			127,825,410		127,886,487
Effect of potentially dilutive stock options		—			—			2,164,370		6,394,897
Effect of RSUs		—			—			2,807,869		5,021,346
Effect of PSUs		—			—			53,730		199,797
Weighted-average shares of common stock—diluted		128,311,109			127,884,400			132,851,379		139,502,527
Net income (loss) per share attributable to common stockholders:
Basic	$	(0.18	)	$	—		$	0.16	$	1.03
Diluted	$	(0.18	)	$	—		$	0.16	$	0.94

Schedule of antidilutive securities

The following potentially dilutive shares were excluded from the computation of diluted net income (loss) per share attributable to common stockholders because including them would have been antidilutive:

	Three Months Ended				Nine Months Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Stock options to purchase common stock		9,035,818		11,635,083		7,525,339		6,393,441
Restricted stock units		9,569,869		9,328,274		7,429,364		4,700,508
Performance stock units		180,762		301,507		119,754		101,709
Total		18,786,449		21,264,864		15,074,457		11,195,658