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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Revenue $ 123,971 $ 124,076 $ 244,121 $ 264,891
Cost of revenue 39,220 39,325 77,642 83,932
Gross margin 84,751 84,751 166,479 180,959
Operating expenses:        
Research and development 43,530 38,733 84,917 79,324
Selling, general, and administrative 34,811 20,005 67,937 56,474
Amortization of acquired intangible assets 13 869 13 1,739
Restructuring and other 1,691 2,579 1,932 4,283
Total operating expenses 80,045 62,186 154,799 141,820
Income from operations 4,706 22,565 11,680 39,139
Interest income (expense), net 614 933 1,666 2,240
Other income (expense), net (238) 254 (283) 208
Income before income taxes 5,082 23,752 13,063 41,587
Income tax expense 2,169 1,121 5,128 4,160
Net income $ 2,913 $ 22,631 $ 7,935 $ 37,427
Net income per share:        
Basic (in dollars per share) $ 0.02 $ 0.16 $ 0.06 $ 0.27
Diluted (in dollars per share) $ 0.02 $ 0.16 $ 0.06 $ 0.27
Shares used in per share calculations:        
Basic (in shares) 137,112 137,548 137,399 137,480
Diluted (in shares) 137,596 138,243 137,675 138,485