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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Jun. 27, 2025
Jun. 28, 2024
Revenue:        
Total net revenue $ 138,027 $ 138,740 $ 271,162 $ 260,800
Cost of revenue:        
Total cost of revenue 64,234 65,283 118,795 124,262
Total gross profit 73,793 73,457 152,367 136,538
Operating expenses:        
Research and development 29,442 28,784 60,791 59,489
Selling, general and administrative 38,194 39,821 75,292 78,686
Asset impairment and related charges 1,637 9,000 1,637 9,000
Restructuring and related charges 650 11,482 650 14,519
Total operating expenses 69,923 89,087 138,370 161,694
Income (loss) from operations 3,870 (15,630) 13,997 (25,156)
Interest expense, net (1,253) (1,424) (2,727) (2,147)
Other income, net 359 619 187 330
Income (loss) before income taxes 2,976 (16,435) 11,457 (26,973)
Provision for (benefit from) income taxes 105 (3,903) 2,646 (6,352)
Net income (loss) $ 2,871 $ (12,532) $ 8,811 $ (20,621)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.03 $ (0.11) $ 0.08 $ (0.18)
Diluted (in dollars per share) $ 0.03 $ (0.11) $ 0.08 $ (0.18)
Weighted average shares outstanding:        
Basic (in shares) 113,392 115,030 114,855 113,705
Diluted (in shares) 113,493 115,030 115,256 113,705
Appliance and integration        
Revenue:        
Total net revenue $ 94,067 $ 94,184 $ 185,608 $ 175,779
Cost of revenue:        
Total cost of revenue 50,578 50,878 92,242 93,952
SaaS and service        
Revenue:        
Total net revenue 43,960 44,556 85,554 85,021
Cost of revenue:        
Total cost of revenue $ 13,656 $ 14,405 $ 26,553 $ 30,310