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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] Ìý
NET LOSS PER SHARE NET LOSS PER SHARE
Ìý 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
 388,741Ìý 388,160Ìý
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
 388,741Ìý 388,160Ìý
Incremental shares from stock options and other dilutive securities
 —Ìý —Ìý
Adjusted weighted average common shares outstanding
 388,741Ìý 388,160Ìý
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.