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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2016
Jul. 05, 2015
Jul. 03, 2016
Jul. 05, 2015
Revenues:        
Products $ 456,832 $ 437,243 $ 814,972 $ 709,568
Services 74,960 75,496 147,815 145,572
Total revenues 531,792 512,739 962,787 855,140
Cost of revenues:        
Cost of products 215,795 181,491 383,350 300,487
Cost of services 33,127 32,680 66,234 63,662
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 248,922 214,171 449,584 364,149
Gross profit 282,870 298,568 513,203 490,991
Operating expenses:        
Engineering and development 76,109 75,832 149,573 147,282
Selling and administrative 81,425 77,073 160,599 149,114
Acquired intangible assets amortization 16,244 15,258 36,238 29,066
Acquired intangible assets impairment 83,339   83,339  
Goodwill impairment 254,946   254,946  
Restructuring and other 2,608 (385) 4,195 (385)
Total operating expenses 514,671 167,778 688,890 325,077
(Loss) income from operations (231,801) 130,790 (175,687) 165,914
Non-operating (income) expense:        
Interest income (1,666) (1,674) (3,308) (3,490)
Interest expense 691 444 1,401 606
Other (income) expense, net (9) (116) (155) (5,776)
(Loss) income before income taxes (230,817) 132,136 (173,625) 174,574
Income tax (benefit) provision (7,271) 29,257 (65) 38,908
Net (loss) income $ (223,546) $ 102,879 $ (173,560) $ 135,666
Net (loss) income per common share:        
Basic $ (1.10) $ 0.48 $ (0.85) $ 0.63
Diluted $ (1.10) $ 0.48 $ (0.85) $ 0.62
Weighted average common shares-basic 203,018 213,845 203,645 215,516
Weighted average common shares-diluted 203,018 215,496 203,645 217,154
Cash dividend declared per common share $ 0.06 $ 0.06 $ 0.12 $ 0.12