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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Net sales $ 144,084 $ 150,011 $ 283,005 $ 297,820
Cost and expenses:        
Cost of sales (1) [1] 83,127 87,605 165,964 180,999
Research and development 20,424 22,108 42,892 44,841
Selling, general and administrative 30,949 36,428 64,301 74,714
Amortization of purchased intangible assets 9,527 9,987 19,065 20,006
Restructuring charges 585 8,545 988 9,906
Impairment charges 0 0 3,949 0
Costs and Expenses, Total 144,612 164,673 297,159 330,466
Loss from operations (528) (14,662) (14,154) (32,646)
Other (expense) income:        
Interest expense (3,456) (5,282) (7,883) (10,789)
Interest income 21 191 168 413
Foreign transaction loss (640) (546) (1,044) (328)
Loss from continuing operations before taxes (4,603) (20,299) (22,913) (43,350)
Income tax provision (benefit) 137 (916) (855) (1,116)
Loss from continuing operations (4,740) (19,383) (22,058) (42,234)
Income from discontinued operations 0 24 42 188
Net loss (4,740) (19,359) (22,016) (42,046)
Net loss attributable to noncontrolling interest 0 (36) 0 (80)
Net loss attributable to Cohu $ (4,740) $ (19,323) $ (22,016) $ (41,966)
Basic:        
Loss from continuing operations before noncontrolling interest (in dollars per share) $ (0.11) $ (0.47) $ (0.53) $ (1.03)
Income from discontinued operations (in dollars per share) 0 0.00 0.00 0.01
Net loss attributable to noncontrolling interest (in dollars per share) 0 (0.00) 0 (0.00)
Net loss attributable to Cohu (in dollars per share) (0.11) (0.47) (0.53) (1.02)
Diluted:        
Loss from continuing operations before noncontrolling interest (in dollars per share) (0.11) (0.47) (0.53) (1.03)
Income from discontinued operations (in dollars per share) 0 0.00 0.00 0.01
Net loss attributable to noncontrolling interest (in dollars per share) 0 (0.00) 0 (0.00)
Net loss attributable to Cohu (in dollars per share) $ (0.11) $ (0.47) $ (0.53) $ (1.02)
Weighted average shares used in computing loss per share:        
Basic (in shares) 41,844 41,125 41,673 40,999
Diluted (in shares) 41,844 41,125 41,673 40,999
Cash dividends declared per share (in dollars per share) $ 0 $ 0.06 $ 0.06 $ 0.12
[1] Excludes amortization of $7,256 and $7,625 for the three months ended June 27, 2020, and June 29, 2019, respectively, and $14,522 and $15,266 for the six months ended June 27, 2020, and June 29, 2019, respectively.