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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Oct. 01, 2022
Oct. 02, 2021
Revenue $ 172,509 $ 131,911 $ 484,396 $ 373,532
Cost of revenue 53,777 49,086 154,412 142,937
Gross margin 118,732 82,825 329,984 230,595
Operating expenses:        
Research and development 34,820 28,769 100,988 80,289
Selling, general, and administrative 31,926 26,272 89,721 76,971
Amortization of acquired intangible assets 869 603 2,908 1,809
Restructuring charges 2,315 166 2,505 546
Acquisition related charges 0 0 511 0
Total operating expenses 69,930 55,810 196,633 159,615
Income from operations 48,802 27,015 133,351 70,980
Interest expense (1,267) (661) (2,866) (2,081)
Other (expense) income, net (820) (87) (1,085) (384)
Income before income taxes 46,715 26,267 129,400 68,515
Income tax expense (benefit) 356 (472) 2,431 1,125
Net income $ 46,359 $ 26,739 $ 126,969 $ 67,390
Net income per share:        
Basic (in dollars per share) $ 0.34 $ 0.20 $ 0.92 $ 0.49
Diluted (in dollars per share) $ 0.33 $ 0.19 $ 0.90 $ 0.47
Shares used in per share calculations:        
Basic (in shares) 137,267 136,638 137,397 136,476
Diluted (in shares) 139,935 141,632 140,921 142,163