Income Statement

v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Net sales $ 117,406 $ 69,273 $ 324,154 $ 217,698
Cost of sales (1) [1] 74,285 48,130 210,425 154,663
Gross profit 43,121 21,143 113,729 63,035
Operating expenses        
Operating expense 41,389 22,601 110,174 69,144
Income (loss) from operations 1,732 (1,458) 3,555 (6,109)
Other income (expense):        
Other, net 6 (1) 80 41
Interest expense (308) (517) (1,461) (1,411)
Total other expense, net (302) (518) (1,381) (1,370)
Income (loss) before income taxes 1,430 (1,976) 2,174 (7,479)
Income tax provision (benefit) 45 (552) 199 (1,018)
Net income (loss) 1,385 (1,424) 1,975 (6,461)
Other comprehensive (loss) income        
Foreign currency translation adjustments (38) 19 (73) (19)
Unrealized gain (loss) on deferred compensation trust assets 35   (2)  
Total other comprehensive (loss) income (3) 19 (75) (19)
Comprehensive income (loss) $ 1,382 $ (1,405) $ 1,900 $ (6,480)
Net income (loss) per share:        
Basic net income (loss) per share $ 0.03 $ (0.04) $ 0.05 $ (0.18)
Diluted net income (loss) per share $ 0.03 $ (0.04) $ 0.04 $ (0.18)
Weighted-average common shares outstanding:        
Shares used in computation of basis net income (loss) per share 44,686 35,856 40,314 35,623
Shares used in computation of diluted net income (loss) per share 53,573 35,856 50,386 35,623
[1] Excludes depreciation and amortization expense which is included in operating expense.

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