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Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Revenue $ 192,535 $ 237,661
Cost of product revenue 114,295 115,038
Amortization of acquired intangible assets 285 3,077
Total cost of revenue 114,580 118,115
Gross profit 77,955 119,546
Research and development 36,759 35,269
Selling and marketing 36,594 38,836
General and administrative 24,573 22,907
Amortization of acquired intangible assets 254 271
Total operating expenses 98,180 97,283
Operating (loss) income (20,225) 22,263
Other (expense) income, net (19) 1,280
(Loss) income before income taxes (20,244) 23,543
Income tax (benefit) expense (2,109) 1,023
Net (loss) income $ (18,135) $ 22,520
Basic $ (0.64) $ 0.81
Diluted $ (0.64) $ 0.78
Basic 28,297 27,863
Diluted 28,297 28,763