XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]        
Revenue $ 252,662 $ 304,173 $ 865,531 $ 976,752
Cost of revenue 140,624 172,555 470,815 560,078
Gross profit 112,038 131,618 394,716 416,674
Operating expenses        
Research and development 80,322 80,785 159,557 157,726
Sales and marketing 61,835 63,621 145,785 142,317
General and administrative 40,841 44,438 80,639 87,553
Total operating expenses 182,998 188,844 385,981 387,596
Operating income (loss) (70,960) (57,226) 8,735 29,078
Other income, net        
Interest income 3,933 3,181 7,008 5,149
Interest expense (122) (152) (227) (311)
Other income (expense), net (3,303) (2,832) 6,971 20,745
Total other income, net 508 197 13,752 25,583
Income (loss) before provision for (benefit from) income taxes (70,452) (57,029) 22,487 54,661
Provision for (benefit from) income taxes (743) (26,377) 11,249 10,124
Net income (loss) (69,709) (30,652) 11,238 44,537
Net income (loss) per share attributable to common stockholders:        
Net income (loss) attributable to common stockholders: $ (69,709) $ (30,652) $ 11,238 $ 44,537
Basic (in USD per share) $ (0.56) $ (0.24) $ 0.09 $ 0.35
Diluted (in USD per share) $ (0.56) $ (0.24) $ 0.09 $ 0.34
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders:        
Basic (in shares) 123,749,605 127,952,875 124,465,661 127,582,560
Diluted (in shares) 123,749,605 127,952,875 128,206,823 132,834,096
Total comprehensive income (loss)        
Net income (loss) $ (69,709) $ (30,652) $ 11,238 $ 44,537
Change in foreign currency translation adjustment (85) 4,542 (948) (2,684)
Net unrealized loss on marketable securities (26) 0 (26) 0
Comprehensive income (loss) $ (69,820) $ (26,110) $ 10,264 $ 41,853