Immaterial Restatement of Prior Period Financial Statements (Tables)

12 Months Ended

Jan. 26, 2020

The impact of the corrections on the Company's Statements of Income and Statements of Comprehensive Income are presented in the table below:



	Fiscal Year Ended
	January 27, 2019					January 28, 2018
(in thousands)	As Reported			As Corrected		As Reported		As Corrected
Selling, general and administrative	$	151,397		$	145,246	$	146,303	$	148,146
Product development and engineering	$	109,918		$	109,047	$	104,798	$	105,070
Total operating costs and expenses	$	278,545		$	271,523	$	283,235	$	285,350
Operating income	$	98,477		$	105,499	$	68,736	$	66,621
Income before taxes and equity in net gains (losses) of equity method investments	$	63,098		$	70,120	$	59,871	$	57,756
(Benefit) provision for income taxes	$	(84	)	$	355	$	23,191	$	22,853
Net income before equity in net gains (losses) of equity method investments	$	63,182		$	69,765	$	36,680	$	34,903
Net income	$	63,056		$	69,639	$	36,426	$	34,649
Earnings per share:
Basic	$	0.96		$	1.06	$	0.55	$	0.52
Diluted	$	0.92		$	1.02	$	0.54	$	0.51

Comprehensive income	$	60,649		$	67,232	$	36,520	$	34,743

The impact of the corrections on the Company's Balance Sheets are presented in the table below:



	As of
	January 27, 2019				January 28, 2018
(in thousands)	As Reported		As Corrected		As Reported		As Corrected
Deferred tax assets	$	14,362	$	14,261	$	4,236	$	4,574
Total assets	$	1,062,881	$	1,062,780	$	1,085,776	$	1,086,114
Additional paid-in capital	$	456,791	$	451,884	$	415,056	$	417,171
Retained earnings	$	574,930	$	579,736	$	502,346	$	500,569
Total stockholders' equity	$	682,681	$	682,580	$	665,013	$	665,351
Total equity	$	682,681	$	682,580	$	665,013	$	665,351
Total liabilities and equity	$	1,062,881	$	1,062,780	$	1,085,776	$	1,086,114