XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Income Statement [Abstract]    
Net revenues $ 878,606 $ 726,673
Cost of revenues:    
Cost of products sold 283,441 226,103
Amortization of acquisition-related intangibles 9,066 6,697
Total cost of revenues 292,507 232,800
Gross margin 586,099 493,873
Operating expenses:    
Research and development 247,975 210,113
Selling, general and administrative 124,920 105,383
Amortization of acquisition-related intangibles 2,841 2,862
Total operating expenses 375,736 318,358
Operating income 210,363 175,515
Interest and other income (expense), net 1,000 (12,153)
Income before income taxes 211,363 163,362
Provision for income taxes 5,022 69,526
Net income $ 206,341 $ 93,836
Net income per common share:    
Basic (in dollars per share) $ 0.84 $ 0.39
Diluted (in dollars per share) 0.83 0.38
Cash dividends per common share (in dollars per share) $ 0 $ 0.38
Shares used in per share calculations:    
Basic (in shares) 245,860 243,180
Diluted (in shares) 249,320 245,543