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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Revenue $ 192,169 $ 172,509 $ 566,558 $ 484,396
Cost of revenue 57,608 53,777 170,835 154,412
Gross margin 134,561 118,732 395,723 329,984
Operating expenses:        
Research and development 42,048 34,820 119,983 100,988
Selling, general, and administrative 33,217 31,926 102,583 89,721
Amortization of acquired intangible assets 870 869 2,609 2,908
Restructuring 1,509 2,315 1,427 2,505
Acquisition related 0 0 0 511
Total operating expenses 77,644 69,930 226,602 196,633
Income from operations 56,917 48,802 169,121 133,351
Interest income (expense), net 954 (1,267) 588 (2,866)
Other income (expense), net 14 (820) (257) (1,085)
Income before income taxes 57,885 46,715 169,452 129,400
Income tax expense 4,097 356 9,097 2,431
Net income $ 53,788 $ 46,359 $ 160,355 $ 126,969
Net income per share:        
Basic (in dollars per share) $ 0.39 $ 0.34 $ 1.16 $ 0.92
Diluted (in dollars per share) $ 0.38 $ 0.33 $ 1.15 $ 0.90
Shares used in per share calculations:        
Basic (in shares) 137,948 137,267 137,697 137,397
Diluted (in shares) 139,828 139,935 139,927 140,921