EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

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

	Three Months Ended				Six Months Ended
(in thousands, except per share amounts)	June 30, 2023		July 1, 2022		June 30, 2023		July 1, 2022
Numerator:
Net income	$	1,555	$	14,840	$	6,648	$	13,311
Denominator:
Weighted average number of shares outstanding:
Basic	111,462		104,630		111,130		104,312
2022 Notes	—		2,365		—		2,537
2024 Notes	6,144		491		5,554		1,014
Stock options	—		234		—		249
Restricted stock units	1,573		1,193		1,786		1,627
Stock purchase rights under the ESPP	76		71		38		35
Diluted	119,255		108,984		118,508		109,774
Net income per share:
Basic	$	0.01	$	0.14	$	0.06	$	0.13
Diluted	$	0.01	$	0.14	$	0.06	$	0.12

The following table sets forth the potential dilutive shares that were excluded from the computation of diluted net income per share, because their effects were anti-dilutive:

	Three Months Ended		Six Months Ended
(in thousands)	June 30, 2023	July 1, 2022	June 30, 2023	July 1, 2022
Restricted stock units	37	48	55	53
Stock purchase rights under the ESPP	—	398	150	404
Total	37	446	205	457