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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Revenue $ 737,154 $ 660,356 $ 515,327
Cost of revenue 222,484 208,306 193,652
Gross margin 514,670 452,050 321,675
Operating expenses:      
Research and development 159,770 135,767 110,518
Selling, general, and administrative 137,244 122,076 105,617
Amortization of acquired intangible assets 3,478 3,778 2,613
Restructuring 1,908 2,551 940
Acquisition related 0 511 1,171
Total operating expenses 302,400 264,683 220,859
Income from operations 212,270 187,367 100,816
Interest income (expense), net 2,041 (4,146) (2,738)
Other income (expense), net 545 (1,109) (452)
Income before income taxes 214,856 182,112 97,626
Income tax (benefit) expense (44,205) 3,230 1,704
Net income $ 259,061 $ 178,882 $ 95,922
Net income per share:      
Basic (in dollars per share) $ 1.88 $ 1.3 $ 0.7
Diluted (in dollars per share) $ 1.85 $ 1.27 $ 0.67
Shares used in per share calculations:      
Basic (in shares) 137,694 137,321 136,619
Diluted (in shares) 139,790 140,667 142,143