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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 01, 2022
Dec. 26, 2020
Jan. 01, 2022
Dec. 26, 2020
Net revenues $ 409,566 $ 484,685 $ 1,259,762 $ 1,251,375
Cost of revenues 245,380 258,028 740,694 687,639
Gross profit 164,186 226,657 519,068 563,736
Operating expenses        
Research, development, and engineering 46,216 54,150 136,090 156,327
Selling, general, and administrative 121,387 129,641 364,417 361,892
Loss, net from litigation settlements 0 0 0 17,561
Restructuring and other related charges 2,398 13,977 33,977 49,477
Total operating expenses 170,001 197,768 534,484 585,257
Operating (loss) income (5,815) 28,889 (15,416) (21,521)
Interest expense 15,948 18,417 53,871 58,182
Other non-operating income, net (995) (2,596) (1,664) (4,188)
(Loss) income before income taxes (20,768) 13,068 (67,623) (75,515)
Income tax benefit (9,604) (7,045) (116,433) (7,208)
Net (loss) income $ (11,164) $ 20,113 $ 48,810 $ (68,307)
Per share data        
Basic (in dollars per share) $ (0.26) $ 0.49 $ 1.15 $ (1.67)
Diluted (in dollars per share) $ (0.26) $ 0.48 $ 1.11 $ (1.67)
Basic (in shares) 42,745 41,252 42,450 40,894
Diluted (in shares) 42,745 42,184 43,811 40,894
Product        
Net revenues $ 354,022 $ 420,711 $ 1,086,607 $ 1,059,846
Cost of revenues 226,994 236,842 682,360 622,718
Service        
Net revenues 55,544 63,974 173,155 191,529
Cost of revenues $ 18,386 $ 21,186 $ 58,334 $ 64,921