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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Revenue        
Revenue $ 196,225 $ 232,209 $ 613,531 $ 668,436
Cost of Sales        
Total cost of sales 130,730 147,106 400,186 417,678
Gross profit 65,495 85,103 213,345 250,758
Operating expenses        
Selling and marketing 26,857 33,321 89,707 98,805
General and administrative 19,692 20,621 67,382 63,804
Research and development 6,303 8,160 20,485 23,008
Total operating expenses 52,852 62,102 177,574 185,617
Income from operations 12,643 23,001 35,771 65,141
Interest income (expense), net (8,846) (6,687) (25,975) (20,873)
Other income (expense), net (446) (124) (1,059) 195
Income before income taxes 3,351 16,190 8,737 44,463
Income tax provision (benefit) (1,038) 2,605 113 6,217
Net income $ 4,389 $ 13,585 $ 8,624 $ 38,246
Basic        
Earnings per share (in dollars per share) $ 0.23 $ 0.70 $ 0.45 $ 1.99
Weighted average common shares outstanding (in shares) 19,229 19,297 19,189 19,255
Diluted        
Earnings per share (in dollars per share) $ 0.23 $ 0.70 $ 0.45 $ 1.97
Weighted average common shares outstanding (in shares) 19,315 19,520 19,349 19,436
Dividends declared per share (in dollars per share) $ 0 $ 0.30 $ 0.60 $ 0.90
Product        
Revenue        
Revenue $ 175,223 $ 205,528 $ 537,304 $ 587,297
Cost of Sales        
Cost of goods and services sold 116,491 130,514 349,336 368,260
Service        
Revenue        
Revenue 21,002 26,681 76,227 81,139
Cost of Sales        
Cost of goods and services sold $ 14,239 $ 16,592 $ 50,850 $ 49,418