EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Numerators and Denominators of Basic and Diluted Net Income (Loss) Per Share Computations

The following table sets forth the computation of the basic and diluted net income (loss) per share:


	Three Months Ended
(in thousands, except per share amounts)	March 31, 2023		April 1, 2022
Numerator:
Net income (loss)	$	5,093	$	(1,529)
Denominator:
Weighted average number of shares outstanding:
Basic	110,794		103,994

2024 Notes	4,964		—

Restricted stock units	2,000		—

Diluted	117,758		103,994
Net income (loss) per share:
Basic	$	0.05	$	(0.01)
Diluted	$	0.04	$	(0.01)

Schedule of Antidilutive Securities

The diluted net income per share was materially the same as basic net income per share for the three months ended March 31, 2023. The following table sets forth the potential dilutive shares that were excluded from the computation of diluted net income (loss) per share, because their effects were anti-dilutive:


	Three Months Ended
(in thousands)	March 31, 2023	April 1, 2022
Convertible debt	—	4,244
Stock options	—	387
Restricted stock units	72	3,066
Stock purchase rights under the ESPP	300	409
Total	372	8,106