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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Revenue $ 125,905 $ 100,589 $ 241,621 $ 197,905
Cost of revenue 48,721 40,012 93,851 79,766
Gross margin 77,184 60,577 147,770 118,139
Operating expenses:        
Research and development 27,454 22,458 51,520 44,151
Selling, general, and administrative 25,607 24,488 50,699 47,039
Amortization of acquired intangible assets 603 603 1,206 3,243
Restructuring charges 204 546 380 1,486
Total operating expenses 53,868 48,095 103,805 95,919
Income from operations 23,316 12,482 43,965 22,220
Interest expense (702) (1,045) (1,420) (2,122)
Other (expense) income, net (135) 37 (297) (13)
Income before income taxes 22,479 11,474 42,248 20,085
Income tax expense 641 845 1,597 1,289
Net income $ 21,838 $ 10,629 $ 40,651 $ 18,796
Net income per share:        
Basic (in dollars per share) $ 0.16 $ 0.08 $ 0.30 $ 0.14
Diluted (in dollars per share) $ 0.15 $ 0.08 $ 0.29 $ 0.14
Shares used in per share calculations:        
Basic (in shares) 136,388 134,857 136,394 134,555
Diluted (in shares) 141,491 139,202 141,637 138,751