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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Revenue $ 161,372 $ 125,905 $ 311,887 $ 241,621
Cost of revenue 50,887 48,721 100,635 93,851
Gross margin 110,485 77,184 211,252 147,770
Operating expenses:        
Research and development 33,613 27,454 66,168 51,520
Selling, general, and administrative 29,024 25,607 57,795 50,699
Amortization of acquired intangible assets 870 603 2,039 1,206
Restructuring charges 136 204 190 380
Acquisition related charges 56 0 511 0
Total operating expenses 63,699 53,868 126,703 103,805
Income from operations 46,786 23,316 84,549 43,965
Interest expense (891) (702) (1,599) (1,420)
Other (expense) income, net (243) (135) (265) (297)
Income before income taxes 45,652 22,479 82,685 42,248
Income tax expense 1,120 641 2,075 1,597
Net income $ 44,532 $ 21,838 $ 80,610 $ 40,651
Net income per share:        
Basic (in dollars per share) $ 0.32 $ 0.16 $ 0.59 $ 0.30
Diluted (in dollars per share) $ 0.32 $ 0.15 $ 0.57 $ 0.29
Shares used in per share calculations:        
Basic (in shares) 137,424 136,388 137,462 136,394
Diluted (in shares) 140,170 141,491 140,657 141,637