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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Revenue $ 515,327 $ 408,120 $ 404,093
Cost of revenue 193,652 162,814 165,671
Gross margin 321,675 245,306 238,422
Operating expenses:      
Research and development 110,518 89,223 78,617
Selling, general, and administrative 105,617 95,331 82,542
Amortization of acquired intangible assets 2,613 4,449 13,558
Restructuring charges 940 3,937 4,664
Acquisition related charges 1,171 0 0
Total operating expenses 220,859 192,940 179,381
Income from operations 100,816 52,366 59,041
Interest expense (2,738) (3,702) (11,731)
Other (expense) income, net (452) (208) (2,245)
Income before income taxes 97,626 48,456 45,065
Income tax expense 1,704 1,064 1,572
Net income $ 95,922 $ 47,392 $ 43,493
Net income per share:      
Basic (in dollars per share) $ 0.70 $ 0.35 $ 0.33
Diluted (in dollars per share) $ 0.67 $ 0.34 $ 0.32
Shares used in per share calculations:      
Basic (in shares) 136,619 135,220 132,471
Diluted (in shares) 142,143 141,276 137,274