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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Revenues $ 145,367 $ 244,866 $ 251,742 $ 491,653
Cost of revenues 68,784 101,091 120,090 194,018
Gross profit 76,583 143,775 131,652 297,635
Operating expenses:        
Research and development 85,909 85,902 166,559 175,298
Selling, general and administrative 38,695 40,706 72,248 85,597
Operating expenses 124,604 126,608 238,807 260,895
Operating income (loss) (48,021) 17,167 (107,155) 36,740
Other income (expense):        
Interest income and other, net 2,790 7,780 5,522 12,616
Interest expense (263) (1,596) (772) (3,252)
Income (loss) before income taxes (45,494) 23,351 (102,405) 46,104
Provision for income taxes 36,663 12,338 36,278 20,091
Equity-method loss 0 (57) 0 (1,090)
Net income (loss) $ (82,157) $ 10,956 $ (138,683) $ 24,923
Earnings (loss) per share:        
Basic (in dollars per share) $ (2.56) $ 0.35 $ (4.33) $ 0.78
Diluted (in dollars per share) $ (2.56) $ 0.33 $ (4.33) $ 0.75
Weighted-average common shares outstanding:        
Basic (in shares) 32,124 31,614 32,018 31,786
Diluted (in shares) 32,124 32,926 32,018 33,339