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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Condensed Consolidated Statements of Income        
Revenues $ 263,150 $ 169,492 $ 496,964 $ 327,349
Cost of revenues 99,247 73,194 177,289 139,297
Gross profit 163,903 96,298 319,675 188,052
Operating expenses:        
Research and development 83,511 64,832 161,053 128,847
Selling, general and administrative 49,013 42,953 93,660 85,407
Operating expenses 132,524 107,785 254,713 214,254
Operating income (loss) 31,379 (11,487) 64,962 (26,202)
Other income (expense):        
Interest income and other, net 3,445 475 4,944 1,624
Interest expense (1,667) (6,486) (3,347) (17,810)
Income (loss) from continuing operations before income taxes 33,157 (17,498) 66,559 (42,388)
Provision for income taxes 10,994 1,165 22,683 3,157
Equity-method earnings (28) 172 1,166 1,898
Income (loss) from continuing operations 22,135 (18,491) 45,042 (43,647)
Income from discontinued operations, net of income taxes   38,423   77,088
Net income $ 22,135 $ 19,932 $ 45,042 $ 33,441
Basic earnings (loss) per share:        
Continuing operations (in dollars per share) $ 0.62 $ (0.41) $ 1.22 $ (0.98)
Net income (in dollars per share) 0.62 0.44 1.22 0.75
Diluted earnings (loss) per share:        
Continuing operations (in dollars per share) 0.60 (0.41) 1.18 (0.98)
Net income (in dollars per share) $ 0.60 $ 0.44 $ 1.18 $ 0.73
Weighted-average common shares outstanding:        
Basic (in shares) 35,722,000 44,803,000 36,862,000 44,481,000
Diluted (in shares) 36,604,000 45,756,000 38,063,000 45,794,000