Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.24.2.u1
NET LOSS PER SHARE
 3 Months Ended
Jun. 29, 2024
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET LOSS PER SHARE
  Three Months Ended June
(In thousands, except per share amounts) 2024 2023
Net loss per common share – basic:
Net loss
 $ (258,886) $ (57,425)
Weighted average common shares outstanding
 388,741  388,160 
Net loss per common share
 $ (0.67) $ (0.15)
Net loss per common share – diluted:
Net loss
 $ (258,886) $ (57,425)
Weighted average common shares outstanding
 388,741  388,160 
Incremental shares from stock options and other dilutive securities
 —  — 
Adjusted weighted average common shares outstanding
 388,741  388,160 
Net loss per common share
$ (0.67) $ (0.15)
In the three-month periods ended June 2024 and June 2023, 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
22.6 million and 18.6 million potentially dilutive shares related to stock options and other dilutive securities were excluded from the diluted loss per share calculations for the three-month periods ended June 2024 and June 2023, respectively.