XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Revenues $ 372,137 $ 424,318 $ 1,217,307 $ 1,032,338
Cost of sales 181,452 228,623 601,674 566,667
Gross profit 190,685 195,695 615,633 465,671
Selling, general and administrative 34,562 39,103 108,609 105,511
Research and development 34,046 36,137 104,496 102,549
Operating expenses 68,608 75,240 213,105 208,060
Income from operations 122,077 120,455 402,528 257,611
Interest income 2,158 564 3,099 1,801
Interest expense (36) (41) (173) (146)
Income before income taxes 124,199 120,978 405,454 259,266
Income tax expense (benefit) 5,165 7,212 36,813 25,722
Share of results of equity-method investee, net of tax 0 0 0 (94)
Net income $ 119,034 $ 113,766 $ 368,641 $ 233,450
Net income per share:        
Basic (in dollars per share) $ 2.02 $ 1.83 $ 6.05 $ 3.76
Diluted (in dollars per share) $ 1.99 $ 1.79 $ 5.95 $ 3.68
Weighted average shares outstanding:        
Basic (in shares) 58,985 62,023 60,951 62,023
Diluted (in shares) 59,955 63,485 61,940 63,364