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Financial Information by Quarter (Unaudited)
 12 Months Ended
Dec. 27, 2014
Text Block [Abstract]  
Financial Information by Quarter (Unaudited)
Financial Information by Quarter (Unaudited)
The following table sets forth the Company’s unaudited quarterly consolidated statements of operations data for 2014 and 2013. 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)
 
 
 
2014
 
 
 
2013
 
Dec. 27
 
Sep. 27
 
Jun. 28
 
Mar. 29
 
Dec. 28
 
Sep. 28
 
Jun. 29
 
Mar. 30
 
 
 
 
 
(In thousands, except per share data)
 
 
 
 
Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Product
$
158,492

 
$
147,178

 
$
142,364

 
$
124,242

 
$
115,102

 
$
121,332

 
$
120,647

 
$
108,343

Services
27,814

 
26,381

 
23,035

 
18,573

 
23,990

 
20,688

 
17,738

 
16,282

Total revenue
186,306

 
173,559

 
165,399

 
142,815

 
139,092

 
142,020

 
138,385

 
124,625

Cost of revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of product
89,809

 
86,703

 
85,906

 
78,438

 
73,385

 
66,685

 
80,198

 
75,447

Cost of services
12,154

 
11,554

 
9,240

 
5,971

 
9,795

 
6,964

 
6,533

 
6,476

Total cost of revenue
101,963

 
98,257

 
95,146

 
84,409

 
83,180

 
73,649

 
86,731

 
81,923

Gross profit
84,343

 
75,302

 
70,253

 
58,406

 
55,912

 
68,371

 
51,654

 
42,702

Operating expenses
71,477

 
67,822

 
62,201

 
59,462

 
62,993

 
61,926

 
60,262

 
57,644

Income (loss) from operations
12,866

 
7,480

 
8,052

 
(1,056
)
 
(7,081
)
 
6,445

 
(8,608
)
 
(14,942
)
Other income (expense), net
(2,773
)
 
(2,432
)
 
(2,655
)
 
(3,070
)
 
(2,683
)
 
(2,790
)
 
(800
)
 
(6
)
Income (loss) before income taxes
10,093

 
5,048

 
5,397

 
(4,126
)
 
(9,764
)
 
3,655

 
(9,408
)
 
(14,948
)
Provision for income taxes
1,683

 
205

 
617

 
248

 
414

 
308

 
601

 
331

Net income (loss)
$
8,410

 
$
4,843

 
$
4,780

 
$
(4,374
)
 
$
(10,178
)
 
$
3,347

 
$
(10,009
)
 
$
(15,279
)
Net income (loss) per common share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
$
0.07

 
$
0.04

 
$
0.04

 
$
(0.04
)
 
$
(0.08
)
 
$
0.03

 
$
(0.09
)
 
$
(0.13
)
Diluted
$
0.06

 
$
0.04

 
$
0.04

 
$
(0.04
)
 
$
(0.08
)
 
$
0.03

 
$
(0.09
)
 
$
(0.13
)

The Company operates and reports financial results on a fiscal year of 52 or 53 weeks ending on the last Saturday of December in each year. Accordingly, fiscal years 2014 and 2013 were 52-week years that ended on December 27, 2014 and December 28, 2013, respectively. The quarters for fiscal years 2014 and 2013 were 13-week quarters.