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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Net sales [1] $ 147,809 $ 95,150
Cost and expenses:    
Cost of sales (1) [2] 93,394 54,923
Research and development 22,733 11,775
Selling, general and administrative 38,286 15,786
Amortization of purchased intangible assets 10,019 1,074
Restructuring charges 1,361
165,793 83,558
Income (loss) from operations (17,984) 11,592
Other (expense) income:    
Interest expense (5,507) (11)
Interest income 222 247
Foreign transaction gain (loss) and other 218 (1,579)
Income (loss) from continuing operations before taxes (23,051) 10,249
Income tax provision (benefit) (200) 2,127
Income (loss) from continuing operations (22,851) 8,122
Income (loss) from discontinued operations, net of tax 164
Net income (loss) (22,687) 8,122
Net loss attributable to noncontrolling interest (44)
Net income (loss) attributable to Cohu $ (22,643) $ 8,122
Weighted average shares used in computing income (loss) per share:    
Basic (in shares) 40,872 28,602
Diluted (in shares) 40,872 29,531
Cash dividends declared per share (in dollars per share) $ 0.06 $ 0.06
Basic:    
Income (loss) from continuing operations before noncontrolling interest (in dollars per share) (0.56) 0.28
Income from discontinued operations (in dollars per share) 0.01
Net income (loss) attributable to noncontrolling interest (in dollars per share) 0
Net income (loss) attributable to Cohu (in dollars per share) (0.55) 0.28
Diluted:    
Income (loss) from continuing operations before noncontrolling interest (in dollars per share) (0.56) 0.28
Income from discontinued operations (in dollars per share) 0.01
Net income (loss) attributable to noncontrolling interest (in dollars per share) 0
Net income (loss) attributable to Cohu (in dollars per share) $ (0.55) $ 0.28
[1] After the acquisition of Xcerra on October 1, 2018 we report in two segments, Semiconductor Test & Inspection and PCB Test. Cohu's historical reported net sales would have been reported in our Semiconductor Test & Inspection segment and have been presented accordingly.
[2] Excludes amortization of $7,641 and $676 for the three months ended March 30, 2019 and March 31, 2018, respectively.