XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Revenues $ 190,917 $ 372,137 $ 540,171 $ 1,217,307
Cost of sales 100,899 181,452 277,355 601,674
Gross profit 90,018 190,685 262,816 615,633
Selling, general and administrative 36,393 33,216 114,233 107,263
Research and development 36,578 34,046 107,085 104,496
Impairment charges 21,535 1,346 21,535 1,346
Operating expenses 94,506 68,608 242,853 213,105
(Loss)/income from operations (4,488) 122,077 19,963 402,528
Interest income 8,847 2,158 23,406 3,099
Interest expense (50) (36) (116) (173)
Income before income taxes 4,309 124,199 43,253 405,454
Provision for income taxes 148 5,165 9,462 36,813
Net income $ 4,161 $ 119,034 $ 33,791 $ 368,641
Net income per share:        
Basic (in dollars per share) $ 0.07 $ 2.02 $ 0.60 $ 6.05
Diluted (in dollars per share) $ 0.07 $ 1.99 $ 0.59 $ 5.95
Weighted average shares outstanding:        
Basic (in shares) 56,553 58,985 56,763 60,951
Diluted (in shares) 57,519 59,955 57,684 61,940