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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Net sales $ 104,701 $ 168,921 $ 212,315 $ 348,292
Cost and expenses:        
Cost of sales (1) [1] 57,779 88,576 116,144 181,729
Research and development 21,342 22,466 43,678 44,976
Selling, general and administrative 32,118 32,798 67,200 66,987
Amortization of purchased intangible assets 9,748 9,006 19,543 17,760
Restructuring charges 13 416 22 1,304
Costs and Expenses 121,000 153,262 246,587 312,756
Income (loss) from operations (16,299) 15,659 (34,272) 35,536
Other (expense) income:        
Interest expense (144) (727) (433) (1,855)
Interest income 2,333 2,732 5,042 5,450
Gain (Loss), Foreign Currency Transaction, before Tax (373) (645) (914) (1,085)
Loss on extinguishment of debt 0 0 (241) (369)
Income (loss) before taxes (14,483) 17,019 (30,818) 37,677
Income tax provision (benefit) 1,286 6,435 (414) 11,408
Net income (loss) $ (15,769) $ 10,584 $ (30,404) $ 26,269
Basic (in dollars per share) $ (0.34) $ 0.22 $ (0.65) $ 0.55
Diluted (in dollars per share) $ (0.34) $ 0.22 $ (0.65) $ 0.55
Weighted average shares used in computing income (loss) per share:        
Basic (in shares) 46,965 47,618 47,049 47,481
Diluted (in shares) 46,965 48,028 47,049 48,099
[1] Excludes amortization of $7,486 and $7,102 for the three months ended June 29, 2024 and July 1, 2023, respectively, and $15,008 and $13,993 for the six months ended June 29, 2024 and July 1, 2023, respectively.