Discontinued Operations (Tables)

6 Months Ended

Jul. 02, 2022

Discontinued Operations.

Schedule of financial results, assets and liabilities from discontinued operations

The following table presents the financial results of the infrastructure and automotive business (the “discontinued operations”) in the Company’s Condensed Consolidated Statements of Income (in thousands, except per share data):

	Three Months Ended		Six Months Ended
	July 3,		July 3,
	2021		2021
Revenues	$	108,064	$	205,712
Costs of revenues		45,091		83,910
Operating expenses		25,052		47,007
Income from discontinued operations before income taxes		37,921		74,795
Provision (benefit) for income taxes		(502)		(2,293)
Income from discontinued operations	$	38,423	$	77,088
Income from discontinued operations per share:
Basic	$	0.86	$	1.73
Diluted	$	0.84	$	1.68