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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Sep. 30, 2022
Oct. 01, 2021
Total net revenue $ 155,738 $ 126,321 $ 460,623 $ 351,345
Total cost of revenue 77,134 60,167 230,436 169,541
Total gross profit 78,604 66,154 230,187 181,804
Operating expenses:        
Research and development 30,466 26,552 89,219 74,863
Selling, general and administrative 36,379 34,231 109,790 102,728
Amortization of intangibles 0 0 0 507
Restructuring and related charges 335 0 2,136 43
Total operating expenses 67,180 60,783 201,145 178,141
Income from operations 11,424 5,371 29,042 3,663
Interest expense, net (1,284) (2,686) (4,111) (7,919)
Other income (expense), net (118) (213) 4,218 659
Income (loss) before income taxes 10,022 2,472 29,149 (3,597)
Provision for income taxes 1,282 942 7,098 3,006
Net income (loss) $ 8,740 $ 1,530 $ 22,051 $ (6,603)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.08 $ 0.01 $ 0.21 $ (0.07)
Diluted (in dollars per share) $ 0.08 $ 0.01 $ 0.20 $ (0.07)
Weighted average shares outstanding:        
Basic (in shares) 105,228 102,099 104,617 101,057
Diluted (in shares) 113,185 106,421 110,911 101,057
Appliance and integration        
Total net revenue $ 116,441 $ 91,853 $ 351,293 $ 250,427
Total cost of revenue 64,932 47,326 193,655 130,310
SaaS and service        
Total net revenue 39,297 34,468 109,330 100,918
Total cost of revenue $ 12,202 $ 12,841 $ 36,781 $ 39,231