Quarterly report [Sections 13 or 15(d)]

Loss Per Share (Tables)

v3.26.1
Loss Per Share (Tables)
6 Months Ended
Apr. 04, 2026
Earnings Per Share [Abstract]  
Summary of Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Common Shares Outstanding

The following is a reconciliation of basic weighted average common shares outstanding to diluted weighted average common shares outstanding (in thousands, except per share amounts).

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

April 4, 2026

 

 

March 29, 2025

 

 

April 4, 2026

 

 

March 29, 2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(52,497

)

 

$

(51,320

)

 

$

(135,468

)

 

$

(95,884

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

9,327

 

 

 

9,262

 

 

 

9,312

 

 

 

9,256

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock Options

 

 

 

 

 

 

 

 

 

 

 

 

RSUs

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

 

9,327

 

 

 

9,262

 

 

 

9,312

 

 

 

9,256

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(5.63

)

 

$

(5.54

)

 

$

(14.55

)

 

$

(10.36

)

Diluted loss per share

 

$

(5.63

)

 

$

(5.54

)

 

$

(14.55

)

 

$

(10.36

)

 

Schedule of Antidilutive Securities Excluded from Calculation of Diluted Loss Per Share

The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted loss per share because the effect of including such shares would have been antidilutive (in thousands):

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

April 4, 2026

 

 

March 29, 2025

 

 

April 4, 2026

 

 

March 29, 2025

 

Stock Options

 

 

 

138

 

 

 

50

 

 

 

24

 

 

 

62

 

RSUs

 

 

 

304

 

 

 

184

 

 

 

209

 

 

 

160

 

Total

 

 

 

442

 

 

 

234

 

 

 

233

 

 

 

222