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Unaudited Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Unaudited Consolidated Statements of Operations    
Revenue, net $ 327,475 $ 425,040
Cost of revenue 214,646 269,929
Gross profit 112,829 155,111
Operating expenses:    
Research and development 49,836 51,610
Selling, general, and administrative 55,124 55,358
Amortization of intangible assets 6,947 7,062
Restructuring, asset impairments, and other charges 245 1,043
Total operating expenses 112,152 115,073
Operating income 677 40,038
Interest income 12,645 3,585
Interest expense (7,127) (2,730)
Other income (expense), net 1,379 (1,405)
Income from continuing operations, before income tax 7,574 39,488
Income tax provision 1,787 7,736
Income from continuing operations 5,787 31,752
Loss from discontinued operations, net of income tax (571) (831)
Net income $ 5,216 $ 30,921
Basic weighted-average common shares outstanding 37,359 37,475
Diluted weighted-average common shares outstanding 37,687 37,757
Earnings per share:    
Basic earnings per share $ 0.15 $ 0.85
Diluted earnings per share 0.15 0.84
Basic loss per share (0.02) (0.02)
Diluted loss per share (0.02) (0.02)
Net income:    
Basic earnings per share 0.14 0.83
Diluted earnings per share $ 0.14 $ 0.82