XML 14 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Condensed Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 29, 2018
Sep. 23, 2017
Sep. 29, 2018
Sep. 23, 2017
Income Statement [Abstract]        
Net sales $ 366,305 $ 425,537 $ 620,788 $ 746,272
Cost of sales 181,186 214,255 311,110 373,274
Gross profit 185,119 211,282 309,678 372,998
Operating expenses        
Research and development 96,381 90,353 194,313 173,910
Selling, general and administrative 33,160 30,041 65,944 60,900
Total operating expenses 129,541 120,394 260,257 234,810
Income from operations 55,578 90,888 49,421 138,188
Interest income 1,805 1,005 3,511 1,934
Interest expense (280) (280) (539) (615)
Other expense (378) (1,116) (168) (1,135)
Income before income taxes 56,725 90,497 52,225 138,372
Provision (benefit) for income taxes (1,448) 17,197 (1,676) 22,160
Net income $ 58,173 $ 73,300 $ 53,901 $ 116,212
Basic earnings per share (in dollars per share) $ 0.96 $ 1.16 $ 0.88 $ 1.82
Diluted earnings per share (in dollars per share) $ 0.93 $ 1.10 $ 0.86 $ 1.74
Basic weighted average common shares outstanding (in shares) 60,472 63,431 60,967 63,764
Diluted weighted average common shares outstanding (in shares) 62,431 66,360 62,810 66,761