XML 11 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2025
Sep. 27, 2024
Sep. 26, 2025
Sep. 27, 2024
Revenue:        
Total net revenue $ 142,382 $ 195,756 $ 413,544 $ 456,556
Cost of revenue:        
Total cost of revenue 65,253 91,024 184,048 215,286
Total gross profit 77,129 104,732 229,496 241,270
Operating expenses:        
Research and development 29,699 30,073 90,490 89,562
Selling, general and administrative 36,524 35,851 111,816 114,537
Asset impairment and related charges 0 3,103 1,637 12,103
Restructuring and related charges 1,087 281 1,737 14,800
Total operating expenses 67,310 69,308 205,680 231,002
Income from operations 9,819 35,424 23,816 10,268
Interest expense, net (1,184) (2,686) (3,911) (4,833)
Other income (expense), net 113 (3,932) 300 (3,602)
Income before income taxes 8,748 28,806 20,205 1,833
Provision for income taxes 6,054 7,088 8,700 736
Net income $ 2,694 $ 21,718 $ 11,505 $ 1,097
Net income per share:        
Basic (in dollars per share) $ 0.02 $ 0.19 $ 0.1 $ 0.01
Diluted (in dollars per share) $ 0.02 $ 0.19 $ 0.1 $ 0.01
Weighted average shares outstanding:        
Basic (in shares) 112,982 116,403 114,221 114,594
Diluted (in shares) 113,323 117,358 114,602 117,385
Appliance and integration        
Revenue:        
Total net revenue $ 97,774 $ 153,685 $ 283,382 $ 329,464
Cost of revenue:        
Total cost of revenue 51,656 77,683 143,898 171,635
SaaS and service        
Revenue:        
Total net revenue 44,608 42,071 130,162 127,092
Cost of revenue:        
Total cost of revenue $ 13,597 $ 13,341 $ 40,150 $ 43,651