Quarterly report [Sections 13 or 15(d)]

NET LOSS PER SHARE

v3.26.1
NET LOSS PER SHARE
3 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET LOSS PER SHARE
  Three Months Ended June
(In thousands, except per share amounts) 2026 2025
Net loss per common share – basic:
Net loss
$ (97,152) $ (116,408)
Weighted average common shares outstanding
392,107  390,024 
Net loss per common share
$ (0.25) $ (0.30)
Net loss per common share – diluted:
Net loss
$ (97,152) $ (116,408)
Weighted average common shares outstanding
392,107  390,024 
Incremental shares from stock options and other dilutive securities
—  — 
Adjusted weighted average common shares outstanding
392,107  390,024 
Net loss per common share
$ (0.25) $ (0.30)
In the three-month periods ended June 2026 and June 2025, the dilutive impacts of all outstanding stock options and other dilutive securities were excluded from dilutive shares as a result of the Company’s net loss for the periods and, as such, their inclusion would have been anti-dilutive. As a result a total of
27.5 million and 29.0 million potentially dilutive shares related to stock options and other dilutive securities were excluded from the diluted net loss per share calculations for the three-month periods ended June 2026 and June 2025, respectively.