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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Revenues $ 150,450 $ 127,109 $ 445,488 $ 400,225
Cost of sales 81,027 68,329 236,398 211,073
Gross profit 69,423 58,780 209,090 189,152
Selling, general and administrative 27,905 28,724 85,723 87,626
Research and development 30,547 28,229 87,906 87,609
Operating expenses 58,452 56,953 173,629 175,235
Income from operations 10,971 1,827 35,461 13,917
Interest income 1,374 3,956 6,888 11,647
Interest expense (446) (632) (1,690) (1,137)
Income before income taxes 11,899 5,151 40,659 24,427
Provision for income taxes 690 3,864 3,985 19,106
Share of results of equity-method investee, net of tax 58 0 158 72
Net income $ 11,151 $ 1,287 $ 36,516 $ 5,249
Net income per share:        
Basic (in dollars per share) $ 0.18 $ 0.02 $ 0.58 $ 0.08
Diluted (in dollars per share) $ 0.18 $ 0.02 $ 0.57 $ 0.08
Weighted average shares outstanding:        
Basic (in shares) 62,313 64,683 63,200 65,914
Diluted (in shares) 62,833 65,431 63,755 66,597