XML 139 R49.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Financial Information by Quarter (Unaudited) (Tables)
12 Months Ended
Dec. 28, 2019
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Consolidated Statements of Operations Data for Each of Eight Quarters
The following table sets forth the Company’s unaudited quarterly consolidated statements of operations data for 2019 and 2018. The data has been prepared on the same basis as the audited consolidated financial statements and related notes included in this report. The table includes all necessary adjustments, consisting only of normal recurring adjustments that the Company considers necessary for a fair presentation of this data.
 
For the Three Months Ended (Unaudited)
 
2019
 
2018
 
Dec. 28
 
Sep. 28
 
Jun. 29
 
Mar. 30
 
Dec. 29
 
Sep. 29
 
Jun. 30
 
Mar. 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands, except per share data)
Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Product
$
307,861

 
$
253,754

 
$
226,866

 
$
223,007

 
$
249,608

 
$
167,030

 
$
175,288

 
$
171,629

Services
76,706

 
71,587

 
69,384

 
69,700

 
82,450

 
33,383

 
32,939

 
31,052

Total revenue
384,567

 
325,341

 
296,250

 
292,707

 
332,058

 
200,413

 
208,227

 
202,681

Cost of revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of product
213,536

 
186,205

 
177,501

 
157,817

 
197,251

 
112,276

 
105,914

 
102,324

Cost of services
38,543

 
34,866

 
36,831

 
36,676

 
39,408

 
13,075

 
13,039

 
12,831

Amortization of intangible assets
8,437

 
7,796

 
8,098

 
8,252

 
8,315

 
4,876

 
4,943

 
5,341

Acquisition and integration costs
7,238

 
8,447

 
10,700

 
2,064

 

 

 

 

Restructuring and related
5,407

 
1,198

 
1,864

 
21,466

 
2,580

 
7

 
26

 
17

Total cost of revenue
273,161

 
238,512

 
234,994

 
226,275

 
247,554

 
130,234

 
123,922

 
120,513

Gross profit
111,406

 
86,829

 
61,256

 
66,432

 
84,504

 
70,179

 
84,305

 
82,168

Amortization of intangible assets
6,617

 
6,861

 
6,745

 
7,057

 
24,735

 
1,467

 
1,487

 
1,607

Acquisition and integration costs
11,011

 
11,962

 
12,164

 
7,134

 
13,463

 
2,067

 

 

Restructuring and related
18,024

 
2,168

 
3,471

 
17,188

 
10,804

 
191

 
1,680

 
(163
)
Other operating expenses
136,625

 
135,125

 
147,260

 
146,741

 
149,726

 
91,612

 
102,757

 
105,402

Total operating expenses
172,277

 
156,116

 
169,640

 
178,120

 
198,728

 
95,337

 
105,924

 
106,846

Loss from operations
(60,871
)
 
(69,287
)
 
(108,384
)
 
(111,688
)
 
(114,224
)
 
(25,158
)
 
(21,619
)
 
(24,678
)
Other income (expense), net
(5,886
)
 
(13,932
)
 
(3,887
)
 
(9,720
)
 
(19,231
)
 
(7,317
)
 
(443
)
 
(2,280
)
Loss before income taxes
(66,757
)
 
(83,219
)
 
(112,271
)
 
(121,408
)
 
(133,455
)
 
(32,475
)
 
(22,062
)
 
(26,958
)
Provision for (benefit from) income taxes
(163
)
 
1,548

 
1,385

 
193

 
12

 
135

 
(124
)
 
(678
)
Net loss
$
(66,594
)
 
$
(84,767
)
 
$
(113,656
)
 
$
(121,601
)
 
$
(133,467
)
 
$
(32,610
)
 
$
(21,938
)
 
$
(26,280
)
Net loss per common share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$
(0.37
)
 
$
(0.47
)
 
$
(0.64
)
 
$
(0.69
)
 
$
(0.76
)
 
$
(0.21
)
 
$
(0.14
)
 
$
(0.17
)
Diluted
$
(0.37
)
 
$
(0.47
)
 
$
(0.64
)
 
$
(0.69
)
 
$
(0.76
)
 
$
(0.21
)
 
$
(0.14
)
 
$
(0.17
)