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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Revenue $ 131,911 $ 103,042 $ 373,532 $ 300,947
Cost of revenue 49,086 40,736 142,937 120,502
Gross margin 82,825 62,306 230,595 180,445
Operating expenses:        
Research and development 28,769 22,439 80,289 66,590
Selling, general, and administrative 26,272 23,758 76,971 70,797
Amortization of acquired intangible assets 603 603 1,809 3,846
Restructuring charges 166 2,692 546 4,178
Total operating expenses 55,810 49,492 159,615 145,411
Income from operations 27,015 12,814 70,980 35,034
Interest expense (661) (792) (2,081) (2,914)
Other (expense) income, net (87) (70) (384) (83)
Income before income taxes 26,267 11,952 68,515 32,037
Income tax expense (benefit) (472) (655) 1,125 634
Net income $ 26,739 $ 12,607 $ 67,390 $ 31,403
Net income per share:        
Basic (in dollars per share) $ 0.20 $ 0.09 $ 0.49 $ 0.23
Diluted (in dollars per share) $ 0.19 $ 0.09 $ 0.47 $ 0.22
Shares used in per share calculations:        
Basic (in shares) 136,638 135,598 136,476 134,903
Diluted (in shares) 141,632 141,524 142,163 140,763