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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 28, 2019
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (Unaudited) |
(in thousands, except per share data) |  |
| 2019 |  | 2018
| 4Q(a) |  | 3Q(b) |  | 2Q(c) |  | 1Q(d) |  | 4Q(e) |  | 3Q(f) |  | 2Q(g) |  | 1Q(h)
Net sales | $ | 338,523 |  |  | $ | 361,971 |  |  | $ | 397,879 |  |  | $ | 405,500 |  |  | $ | 402,281 |  |  | $ | 439,191 |  |  | $ | 459,183 |  |  | $ | 417,813 |
Gross profit | 113,467 |  |  | 130,946 |  |  | 141,808 |  |  | 155,228 |  |  | 154,337 |  |  | 179,594 |  |  | 168,987 |  |  | 149,623 |
Operating income | 32,317 |  |  | 47,167 |  |  | 52,634 |  |  | 60,673 |  |  | 51,628 |  |  | 76,228 |  |  | 59,622 |  |  | 37,571 |
Net income | 22,654 |  |  | 35,647 |  |  | 43,792 |  |  | 36,989 |  |  | 32,665 |  |  | 53,546 |  |  | 42,326 |  |  | 36,029 |
Net income per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.93 |  |  | $ | 1.46 |  |  | $ | 1.77 |  |  | $ | 1.50 |  |  | $ | 1.31 |  |  | $ | 2.13 |  |  | $ | 1.69 |  |  | $ | 1.48 |
Diluted | $ | 0.92 |  |  | $ | 1.44 |  |  | $ | 1.75 |  |  | $ | 1.48 |  |  | $ | 1.29 |  |  | $ | 2.10 |  |  | $ | 1.67 |  |  | $ | 1.45 |
(a)In the fourth quarter of 2019, the Company recorded $1.9 million in acquisition-related and integration costs and $2.1 million in restructuring, impairment and other costs, and $4.2 million impairment charges related to certain other investments, partially offset by a $3.3 million benefit for previously unrecognized tax benefits in respect of which the statute of limitation has expired. (b)In the third quarter of 2019, the Company recorded $3.2 million in acquisition-related and integration costs and $2.5 million in restructuring and impairment charge (c)In the second quarter of 2019, the Company recorded $5.7 million in restructuring and impairment charges, $1.5 million in acquisition-related and integration costs, and $0.4 million costs primarily related to a sale of building and $0.2 million impairment charges related to a certain other investment. (d)In the first quarter of 2019, the Company recorded $2.8 million impairment charges to certain other investments, $2.6 million loss on the disposal of a business, $2.7 million in restructuring costs, $2.4 million in acquisition-related and integration costs, and $0.3 million gain primarily related to the final payments for the acquisition of Monolith (e)In the fourth quarter of 2018, the Company recorded an estimated one-time tax charge of $3.2 million related to the finalization of 2017 provisional reasonable estimate in connection with the Tax Act, partially offset by a $1.5 million benefit for previously unrecognized tax benefits in respect of which the statute of limitation has expired, $3.7 million in backlog amortization expense from the IXYS acquisition, $3.2 million in acquisition-related and integration costs and $2.4 million in restructuring, impairment and other costs. (f)In the third quarter of 2018, the Company recorded $5.2 million in restructuring and impairment charges, $3.1 million in backlog amortization expense from the IXYS acquisition and $2.9 million in acquisition-related and integration costs (g)In the second quarter of 2018, the Company recorded $19.0 million for purchase accounting inventory adjustments associated with the acquisition of IXYS, $4.2 million in restructuring and impairment charges, $3.1 million in backlog amortization expense from the IXYS acquisition $2.4 million in acquisition-related and integration costs. (h)In the first quarter of 2018, the Company recorded $17.9 million for purchase accounting inventory adjustments associated with the acquisition of IXYS, $11.7 million in acquisition-related and integration costs, $4.5 million of stock compensation expense recognized immediately upon close for converted IXYS options related to prior services periods, $2.5 million in backlog amortization expense,$2.1 million expense related to change in control and $0.8 million in restructuring costs.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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