XML 50 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 27, 2019
Dec. 31, 2018
Dec. 27, 2019
Dec. 31, 2018
Income Statement [Abstract]        
Net revenues $ 193,913 $ 159,089 $ 371,217 $ 303,145
Cost of revenues 105,407 88,202 204,311 170,675
Gross margin 88,506 70,887 166,906 132,470
Operating expenses:        
Selling, general and administrative 32,804 27,819 62,774 52,560
Research and development 24,660 16,192 46,530 31,140
Amortization of intangible assets 7,992 6,939 15,011 14,120
Restructuring and other charges 1,101 23 1,749 527
Acquisition costs and other related expenses 1,124 53 2,541 452
Total operating expenses 67,681 51,026 128,605 98,799
Operating Income (Loss), Total 20,825 19,861 38,301 33,671
Interest income 312 71 1,499 137
Interest expense 0 (2,196) 0 (4,455)
Other income, net (351) (870) (1,785) (1,879)
Income before income taxes 20,786 16,866 38,015 27,474
Tax provision 5,110 4,483 3,092 7,612
Net income $ 15,676 $ 12,383 $ 34,923 $ 19,862
Basic net earnings per share (in dollars per share) $ 0.29 $ 0.26 $ 0.64 $ 0.42
Diluted net earnings per share (in dollars per share) $ 0.29 $ 0.26 $ 0.63 $ 0.42
Weighted-average shares outstanding:        
Basic (in shares) 54,548 47,189 54,468 47,118
Diluted (in shares) 55,001 47,705 55,037 47,696
Comprehensive income:        
Net income $ 15,676 $ 12,383 $ 34,923 $ 19,862
Foreign currency translation adjustments (192) 205 (117) (157)
Pension benefit plan, net of tax 8 (15) 15 (30)
Total other comprehensive (loss) income, net of tax (184) 190 (102) (187)
Total comprehensive income $ 15,492 $ 12,573 $ 34,821 $ 19,675