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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenue $ 140,815 $ 184,310
Cost of revenue 44,607 55,709
Gross margin 96,208 128,601
Operating expenses:    
Research and development 40,591 35,989
Selling, general, and administrative 36,469 32,578
Amortization of acquired intangible assets 870 870
Restructuring 1,704 30
Total operating expenses 79,634 69,467
Income from operations 16,574 59,134
Interest income (expense), net 1,307 (555)
Other income (expense), net (46) (95)
Income before income taxes 17,835 58,484
Income tax expense 3,039 2,561
Net income $ 14,796 $ 55,923
Net income per share:    
Basic (in dollars per share) $ 0.11 $ 0.41
Diluted (in dollars per share) $ 0.11 $ 0.4
Shares used in per share calculations:    
Basic (in shares) 137,475 137,418
Diluted (in shares) 138,774 140,101