Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 28, 2024

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per common share for the periods indicated (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Numerator:
Net income (loss)	$	(3,968)	$	16,953	$	(11,823)	$	35,924
Denominator:
Weighted-average common shares outstanding used to compute basic net income (loss) per share	66,078		66,288		65,700		66,201
Effect of dilutive common stock equivalents	—		3,291		—		3,443
Weighted-average common shares outstanding used to compute diluted net income (loss) per share	66,078		69,579		65,700		69,644
Net income (loss) per common share:
Basic net income (loss) per common share	$	(0.06)	$	0.26	$	(0.18)	$	0.54
Diluted net income (loss) per common share	$	(0.06)	$	0.24	$	(0.18)	$	0.52
Potentially dilutive shares excluded, weighted average	12,294		4,958		12,004		4,022