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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Net sales $ 150,647 $ 143,498 $ 433,652 $ 441,318
Cost and expenses:        
Cost of sales (1) [1] 87,147 84,565 253,111 265,564
Research and development 20,497 20,483 63,389 65,324
Selling, general and administrative 31,336 33,690 95,664 108,404
Amortization of purchased intangible assets 9,783 9,969 28,848 29,975
Restructuring charges 412 814 1,400 10,720
Impairment charges related to indefinite lived intangibles 7,300 0 11,249 0
Gain on sale of facilities (4,468) 0 (4,495) 0
Costs and Expenses, Total 152,007 149,521 449,166 479,987
Loss from operations (1,360) (6,023) (15,514) (38,669)
Other (expense) income:        
Interest expense (3,021) (5,000) (10,904) (15,789)
Interest income 42 190 210 603
Foreign transaction gain (loss) (1,484) 1,630 (2,528) 1,302
Gain on extinguishment of debt 293 0 293 0
Loss from continuing operations before taxes (5,530) (9,203) (28,443) (52,553)
Income tax provision 1,116 1,277 261 161
Loss from continuing operations (6,646) (10,480) (28,704) (52,714)
Income from discontinued operations 0 154 42 342
Net loss (6,646) (10,326) (28,662) (52,372)
Net income attributable to noncontrolling interest 0 142 0 62
Net loss attributable to Cohu $ (6,646) $ (10,468) $ (28,662) $ (52,434)
Basic:        
Loss from continuing operations before noncontrolling interest (in dollars per share) $ (0.16) $ (0.25) $ (0.69) $ (1.28)
Income from discontinued operations (in dollars per share) 0 0.00 0.00 0.00
Net income attributable to noncontrolling interest (in dollars per share) 0 0.00 0 0.00
Net loss attributable to Cohu (in dollars per share) (0.16) (0.25) (0.69) (1.28)
Diluted:        
Loss from continuing operations before noncontrolling interest (in dollars per share) (0.16) (0.25) (0.69) (1.28)
Income from discontinued operations (in dollars per share) 0 0.00 0.00 0.00
Net income attributable to noncontrolling interest (in dollars per share) 0 0.00 0 0.00
Net loss attributable to Cohu (in dollars per share) $ (0.16) $ (0.25) $ (0.69) $ (1.28)
Weighted average shares used in computing loss per share:        
Basic (in shares) 41,947 41,229 41,764 41,075
Diluted (in shares) 41,947 41,229 41,764 41,075
Cash dividends declared per share (in dollars per share) $ 0 $ 0.06 $ 0.06 $ 0.18
[1] Excludes amortization of $7,447 and $7,597 for the three months ended September 26, 2020 and September 28, 2019, respectively, and $21,969 and $22,863 for the nine months ended September 26, 2020 and September 28, 2019, respectively.