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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Condensed Consolidated Statements of Income        
Revenues $ 244,866 $ 263,150 $ 491,653 $ 496,964
Cost of revenues 101,091 99,247 194,018 177,289
Gross profit 143,775 163,903 297,635 319,675
Operating expenses:        
Research and development 85,902 83,511 175,298 161,053
Selling, general and administrative 40,706 49,013 85,597 93,660
Operating expenses 126,608 132,524 260,895 254,713
Operating income 17,167 31,379 36,740 64,962
Other income (expense):        
Interest income and other, net 7,780 3,445 12,616 4,944
Interest expense (1,596) (1,667) (3,252) (3,347)
Income before income taxes 23,351 33,157 46,104 66,559
Provision for income taxes 12,338 10,994 20,091 22,683
Equity-method earnings (loss) (57) (28) (1,090) 1,166
Net income $ 10,956 $ 22,135 $ 24,923 $ 45,042
Earnings per share:        
Basic (in dollars per share) $ 0.35 $ 0.62 $ 0.78 $ 1.22
Diluted (in dollars per share) $ 0.33 $ 0.60 $ 0.75 $ 1.18
Weighted-average common shares outstanding:        
Basic 31,614 35,722 31,786 36,862
Diluted 32,926 36,604 33,339 38,063