v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2026
Sep. 27, 2025
Sep. 26, 2026
Sep. 27, 2025
Net sales $ 172,956 $ 126,249 $ 447,077 $ 330,726
Cost and expenses:        
Cost of sales [1] 94,237 70,985 242,863 186,036
Research and development 25,558 22,454 76,888 68,794
Selling, general and administrative 32,748 31,768 101,794 91,645
Amortization of purchased intangible assets 7,177 10,249 21,754 30,182
Restructuring charges 435 509 1,839 8,347
Costs and Expenses 160,155 135,965 445,138 385,004
Income (loss) from operations 12,801 (9,716) 1,939 (54,278)
Other (expense) income:        
Interest expense (1,813) (110) (5,054) (434)
Interest income 3,854 1,335 11,564 4,334
Foreign transaction loss (519) (111) (1,150) (551)
Pension curtailment gain 0 787 0 2,317
Income (loss) before taxes 14,323 (7,815) 7,299 (48,612)
Income tax provision (benefit) 2,194 (3,714) 7,397 3,173
Net income (loss) $ 12,129 $ (4,101) $ (98) $ (51,785)
Income (loss) per share:        
Basic (in dollars per share) $ 0.26 $ (0.09) $ (0) $ (1.11)
Diluted (in dollars per share) $ 0.22 $ (0.09) $ (0) $ (1.11)
Weighted average shares used in computing income (loss) per share:        
Basic (in shares) 47,410 46,748 47,245 46,685
Diluted (in shares) 54,366 46,748 47,245 46,685
[1] Excludes amortization of purchased intangibles of $4,830 and $7,873 for the three months ended September 26, 2026, and September 27, 2025, respectively, and $14,677 and $23,171 for the nine months ended September 26, 2026, and September 27, 2025, respectively.