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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 166,395 $ 203,760 $ 418,137 $ 695,413
Cost of revenues 76,082 84,735 196,172 278,753
Gross profit 90,313 119,025 221,965 416,660
Operating expenses:        
Research and development 83,228 79,042 249,787 254,340
Selling, general and administrative 36,793 27,766 109,041 113,363
Operating expenses 120,021 106,808 358,828 367,703
Operating income (loss) (29,708) 12,217 (136,863) 48,957
Other income (expense):        
Interest income and other, net 3,487 2,938 9,009 15,554
Interest expense (278) (1,359) (1,050) (4,611)
Income (loss) before income taxes (26,499) 13,796 (128,904) 59,900
Provision for income taxes 2,005 3,388 38,283 23,479
Equity-method loss 0 (60) 0 (1,150)
Net income (loss) $ (28,504) $ 10,348 $ (167,187) $ 35,271
Earnings (loss) per share:        
Basic (in dollars per share) $ (0.88) $ 0.33 $ (5.21) $ 1.11
Diluted (in dollars per share) $ (0.88) $ 0.32 $ (5.21) $ 1.07
Weighted-average common shares outstanding:        
Basic (in shares) 32,309 31,796 32,114 31,789
Diluted (in shares) 32,309 32,078 32,114 32,919