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Consolidated Condensed Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 28, 2024
Sep. 23, 2023
Sep. 28, 2024
Sep. 23, 2023
Income Statement [Abstract]        
Net sales $ 541,857 $ 481,063 $ 915,883 $ 798,079
Cost of sales 259,267 234,467 444,368 392,096
Gross profit 282,590 246,596 471,515 405,983
Operating expenses        
Research and development 112,925 104,205 218,288 210,420
Selling, general and administrative 37,813 34,323 74,583 69,702
Restructuring costs 0 2,319 0 2,319
Total operating expenses 150,738 140,847 292,871 282,441
Income from operations 131,852 105,749 178,644 123,542
Interest income 8,378 3,972 16,798 8,791
Interest expense (244) (243) (462) (462)
Other income (expense) 19 (70) 1,628 307
Income before income taxes 140,005 109,408 196,608 132,178
Provision for income taxes 37,865 34,001 52,373 41,171
Net income $ 102,140 $ 75,407 $ 144,235 $ 91,007
Basic earnings per share (in dollars per share) $ 1.92 $ 1.38 $ 2.70 $ 1.66
Diluted earnings per share (in dollars per share) $ 1.83 $ 1.34 $ 2.59 $ 1.61
Basic weighted average common shares outstanding (in shares) 53,275 54,503 53,354 54,683
Diluted weighted average common shares outstanding (in shares) 55,800 56,278 55,753 56,453