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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Net sales $ 197,757 $ 225,488
Cost and expenses:    
Cost of sales (1) [1] 106,601 123,283
Research and development 23,106 23,152
Selling, general and administrative 31,246 32,624
Amortization of purchased intangible assets 8,535 9,244
Restructuring charges 576 1,340
Loss on sale of PCB Test business 0 115
Costs and Expenses, Total 170,064 189,758
Income from operations 27,693 35,730
Other (expense) income:    
Interest expense (981) (2,575)
Interest income 111 50
Foreign transaction gain (loss) 1,144 (262)
Gain (Loss) on Extinguishment of Debt, Total (104) (1,761)
Income from operations before taxes 27,863 31,182
Income tax provision 6,294 3,575
Net income $ 21,569 $ 27,607
Basic (in dollars per share) $ 0.44 $ 0.63
Diluted (in dollars per share) $ 0.44 $ 0.61
Weighted average shares used in computing income per share:    
Basic (in shares) 48,778 43,756
Diluted (in shares) 49,569 45,482
[1] Excludes amortization of $6,696 and $7,101 for the three months ended March 26, 2022 and March 27, 2021, respectively.