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Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 27, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) QUARTERLY FINANCIAL DATA (UNAUDITED)

(In thousands, except per share data)
 
 
 First Quarter
 
 Second Quarter
 
 Third Quarter
 
 Fourth Quarter
 
 Fiscal Year
 
 
Fiscal Year 2019
 
 
 
 
 
 
 
 
 
 
 Revenue
$
150,689

 
$
128,465

 
$
108,306

 
$
112,248

 
$
499,708

 
 Gross profit
76,625

 
57,330

 
33,828

 
52,925

 
220,708

 
 (Loss) income from continuing operations
(23,396
)
 
(46,204
)
 
(324,714
)
 
10,516

 
(383,798
)
 
 Per share data (2)
 
 
 
 
 
 
 
 
 
 
   (Loss) income from continuing operations, basic
$
(0.36
)
 
$
(0.71
)
 
$
(4.93
)
 
$
0.16

 
$
(5.84
)
 
 Per share data (2) (3)
 
 
 
 
 
 
 
 
 
 
   (Loss) income from continuing operations, diluted
$
(0.44
)
 
$
(0.71
)
 
$
(4.95
)
 
$
0.16

 
$
(5.84
)
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year 2018
 
 
 
 
 
 
 
 
 
 
 Revenue
$
130,925

 
$
150,414

 
$
137,872

 
$
151,187

 
$
570,398

 
 Gross profit
60,954

 
65,601

 
48,169

 
70,982

 
245,706

 
 Loss from continuing operations
(16,970
)
 
(15,466
)
 
(85,210
)
 
(16,116
)
 
(133,762
)
 
 Loss from discontinued operations (1)
(5,599
)
 
(18
)
 
(220
)
 
(378
)
 
(6,215
)
 
 Per share data (2)
 
 
 
 
 
 
 
 
 
 
  Loss from continuing operations, basic
$
(0.26
)
 
$
(0.24
)
 
$
(1.31
)
 
$
(0.25
)
 
$
(2.07
)
 
   Loss from discontinued operations, basic
$
(0.09
)
 
$
0.00

 
$
0.00

 
$
(0.01
)
 
$
(0.10
)
 
 Per share data (2) (3)
 
 
 
 
 
 
 
 
 
 
  Loss from continuing operations, diluted
$
(0.49
)
 
$
(0.50
)
 
$
(1.31
)
 
$
(0.29
)
 
$
(2.47
)
 
   Loss from discontinued operations, diluted
$
(0.09
)
 
$
0.00

 
$
0.00

 
$
(0.01
)
 
$
(0.10
)
(1)
During fiscal year 2017, we announced a plan to divest the Compute business of AppliedMicro, and have included the results of the Compute business as discontinued operations in each subsequent quarter.
(2)
Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding and included common stock equivalents in each period. Therefore, the sums of the quarters do not necessarily equal the full year earnings per share.
(3)
Diluted loss per share for the fiscal first and third quarters of 2019 and the fiscal first, second and fourth quarters of 2018 excluded $5.5 million, $1.9 million, $14.6 million, $17.0 million and $2.8 million, respectively, related to warrant liability gain.