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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Income Statement [Abstract]        
Net revenue [1] $ 197,845 $ 249,587 $ 552,166 $ 683,369
Cost of revenue 128,911 181,058 368,550 494,516
Gross profit 68,934 68,529 183,616 188,853
Operating expenses:        
Research and development 20,738 22,167 63,703 68,193
Sales and marketing 30,865 34,203 97,226 104,335
General and administrative 16,364 13,949 49,136 41,698
Goodwill impairment 0 0 0 44,442
Intangibles impairment 1,071 0 1,071 0
Other operating expenses, net 544 361 2,881 931
Total operating expenses 69,582 70,680 214,017 259,599
Loss from operations (648) (2,151) (30,401) (70,746)
Other income (expenses), net [2] 2,280 638 11,685 (1,164)
Income (loss) before income taxes 1,632 (1,513) (18,716) (71,910)
Provision for (benefit from) income taxes 86,431 (4,314) 84,382 (8,967)
Net income (loss) $ (84,799) $ 2,801 $ (103,098) $ (62,943)
Net income (loss) per share        
Basic $ (2.87) $ 0.10 $ (3.52) $ (2.17)
Diluted $ (2.87) $ 0.10 $ (3.52) $ (2.17)
Weighted average shares used to compute net income (loss) per share:        
Basic 29,524 28,891 29,266 29,023
Diluted 29,524 29,029 29,266 29,023
[1] No individual foreign country represented more than 10% of the Company's total net revenue in the periods presented.
[2] Amounts included gain/(loss), net from litigation settlements of $6.0 million for the nine months ended October 1, 2023, and gain/(loss), net from derivatives not designated as hedging instruments of $1.3 million and $2.2 million, for the three and nine months ended October 1, 2023, respectively, and $3.4 million and $6.9 million for the three and nine months ended October 2, 2022, respectively.