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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Sep. 30, 2023
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Unaudited Quarterly Financial Information

The following table summarizes the Company’s unaudited quarterly financial information for each of the four quarters of 2023 and 2022 (the sum of quarterly periods may not equal full-year amounts due to rounding):

 

 

Three Months Ended

 

 

September 30,
2023

 

 

July 1,
2023

 

 

April 1,
2023

 

 

December 31,
2022

 

(In thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

305,147

 

 

$

373,356

 

 

$

304,173

 

 

$

672,579

 

Gross profit

 

 

128,054

 

 

 

171,762

 

 

 

131,618

 

 

 

285,057

 

Net income (loss)

 

 

(31,239

)

 

 

(23,571

)

 

 

(30,652

)

 

 

75,188

 

Net income (loss) per share - basic

 

$

(0.25

)

 

$

(0.18

)

 

$

(0.24

)

 

$

0.59

 

Net income (loss) per share - diluted

 

$

(0.25

)

 

$

(0.18

)

 

$

(0.24

)

 

$

0.57

 

 

 

Three Months Ended

 

 

October 1,
2022

 

 

July 2,
2022

 

 

April 2,
2022

 

 

January 1,
2022

 

(In thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

316,290

 

 

$

371,783

 

 

$

399,781

 

 

$

664,481

 

Gross profit

 

 

124,099

 

 

 

175,848

 

 

 

179,034

 

 

 

317,385

 

Net income (loss)

 

 

(64,067

)

 

 

(597

)

 

 

8,566

 

 

 

123,481

 

Net income (loss) per share - basic

 

$

(0.50

)

 

$

0.00

 

 

$

0.07

 

 

$

0.97

 

Net income (loss) per share - diluted

 

$

(0.50

)

 

$

0.00

 

 

$

0.06

 

 

$

0.87