XML 17 R3.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Net revenues $ 410,969 $ 461,709 $ 766,689 $ 909,476
Cost of revenues 230,223 255,638 429,611 490,759
Gross profit 180,746 206,071 337,078 418,717
Operating expenses:        
Research, development, and engineering 52,148 57,415 102,177 116,939
Selling, general, and administrative 115,605 148,419 232,250 312,027
(Gain) loss, net from litigation settlements 0 0 17,561 (1,162)
Restructuring and other related charges 6,170 5,847 35,500 25,372
Total operating expenses 173,923 211,681 387,488 453,176
Operating income (loss) 6,823 (5,610) (50,410) (34,459)
Interest expense (18,581) (23,797) (39,765) (47,729)
Other non-operating income (loss), net 1,366 (625) 1,592 (292)
Loss before income taxes (10,392) (30,032) (88,583) (82,480)
Income tax expense (benefit) 3,013 (4,122) (163) (11,699)
Net loss $ (13,405) $ (25,910) $ (88,420) $ (70,781)
Loss per common share:        
Basic (in dollars per share) $ (0.33) $ (0.65) $ (2.17) $ (1.80)
Diluted (in dollars per share) $ (0.33) $ (0.65) $ (2.17) $ (1.80)
Shares used in computing loss per common share:        
Basic (in shares) 40,970 39,584 40,715 39,411
Diluted (in shares) 40,970 39,584 40,715 39,411
Product        
Net revenues $ 347,677 $ 395,137 $ 639,135 $ 777,882
Cost of revenues 209,261 229,323 385,876 437,939
Service        
Net revenues 63,292 66,572 127,554 131,594
Cost of revenues $ 20,962 $ 26,315 $ 43,735 $ 52,820