XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Income Statement [Abstract]        
Net revenue $ 290,150 $ 378,114 $ 916,886 $ 888,129
Cost of revenue 203,309 264,620 625,748 627,093
Gross profit 86,841 113,494 291,138 261,036
Operating expenses:        
Research and development 23,472 24,529 69,887 65,412
Sales and marketing 36,176 39,794 109,731 107,209
General and administrative 14,056 16,467 45,084 45,082
Other operating expenses, net 222 538 690 1,631
Total operating expenses 73,926 81,328 225,392 219,334
Income from operations 12,915 32,166 65,746 41,702
Other income (expense), net [1] (132) (417) 15 (4,378)
Income before income taxes 12,783 31,749 65,761 37,324
Provision for income taxes 3,199 6,214 15,383 9,979
Net income $ 9,584 $ 25,535 $ 50,378 $ 27,345
Net income per share        
Basic $ 0.32 $ 0.85 $ 1.65 $ 0.92
Diluted $ 0.31 $ 0.83 $ 1.61 $ 0.90
Weighted average shares used to compute net income per share:        
Basic 30,301 30,037 30,495 29,746
Diluted 30,798 30,741 31,356 30,341
[1] Amounts included gain/loss on investments, net, of $(166,000) and $(174,000) for the three and nine months ended October 3, 2021, respectively, and $(0.9) million and $(5.4) million for the three and nine months ended September 27, 2020, respectively.