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Consolidated Condensed Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Net sales $ 347,325 $ 388,912 $ 589,898 $ 627,165
Cost of sales 167,115 180,979 282,216 296,738
Gross profit 180,210 207,933 307,682 330,427
Operating expenses        
Research and development 84,810 88,239 163,551 177,069
Selling, general and administrative 31,247 33,018 60,951 62,538
Restructuring costs 0 0 352 0
Total operating expenses 116,057 121,257 224,854 239,607
Income from operations 64,153 86,676 82,828 90,820
Interest income 1,658 2,530 3,493 5,074
Interest expense (280) (280) (539) (539)
Other income (expense) 784 (568) 895 (946)
Income before income taxes 66,315 88,358 86,677 94,409
Provision for income taxes 6,829 12,148 8,982 13,581
Net income $ 59,486 $ 76,210 $ 77,695 $ 80,828
Basic earnings per share (in dollars per share) $ 1.02 $ 1.31 $ 1.33 $ 1.39
Diluted earnings per share (in dollars per share) $ 0.99 $ 1.27 $ 1.29 $ 1.34
Basic weighted average common shares outstanding (in shares) 58,191 58,011 58,252 58,276
Diluted weighted average common shares outstanding (in shares) 60,127 60,213 60,203 60,260