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Consolidated Condensed Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 29, 2024
Jun. 24, 2023
Income Statement [Abstract]    
Net sales $ 374,026 $ 317,016
Cost of sales 185,101 157,629
Gross profit 188,925 159,387
Operating expenses    
Research and development 105,363 106,215
Selling, general and administrative 36,770 35,379
Total operating expenses 142,133 141,594
Income from operations 46,792 17,793
Interest income 8,420 4,818
Interest expense (218) (218)
Other income 1,609 377
Income before income taxes 56,603 22,770
Provision for income taxes 14,508 7,170
Net income $ 42,095 $ 15,600
Basic earnings per share (in dollars per share) $ 0.79 $ 0.28
Diluted earnings per share (in dollars per share) $ 0.76 $ 0.28
Basic weighted average common shares outstanding (in shares) 53,433 54,862
Diluted weighted average common shares outstanding (in shares) 55,665 56,631