v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Net sales $ 149,002 $ 107,680 $ 274,121 $ 204,477
Cost and expenses:        
Cost of sales [1] 81,412 60,571 148,626 115,051
Research and development 24,943 23,188 51,330 46,340
Selling, general and administrative 34,445 29,866 69,046 59,877
Amortization of purchased intangible assets 7,277 10,081 14,577 19,933
Restructuring charges 633 1,210 1,404 7,838
Costs and Expenses 148,710 124,916 284,983 249,039
Loss from operations 292 (17,236) (10,862) (44,562)
Other (expense) income:        
Interest expense (1,620) (126) (3,241) (324)
Interest income 3,868 1,386 7,710 2,999
Foreign transaction loss (551) (385) (631) (440)
Pension curtailment gain 0 1,530 0 1,530
Income (loss) before taxes 1,989 (14,831) (7,024) (40,797)
Income tax provision 2,148 2,049 5,203 6,887
Net income (loss) $ (159) $ (16,880) $ (12,227) $ (47,684)
Income (loss) per share:        
Basic (in dollars per share) $ (0) $ (0.36) $ (0.26) $ (1.02)
Diluted (in dollars per share) $ (0) $ (0.36) $ (0.26) $ (1.02)
Weighted average shares used in computing income (loss) per share:        
Basic (in shares) 47,328 46,662 47,162 46,653
Diluted (in shares) 47,328 46,662 47,162 46,653
[1] Excludes amortization of purchased intangibles of $4,916 and $7,739 for the three months ended June 27, 2026, and June 28, 2025, respectively, and $9,847 and $15,298 for the six months ended June 27, 2026, and June 28, 2025, respectively.