Income Statement

v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Net sales $ 118,930 $ 73,687 $ 206,748 $ 148,425
Cost of sales (1) [1] 78,101 51,924 136,140 106,533
Gross profit 40,829 21,763 70,608 41,892
Operating expenses        
Operating expense 38,653 22,968 68,785 46,543
Income (loss) from operations 2,176 (1,205) 1,823 (4,651)
Other income (expense):        
Other, net 3 46 74 43
Interest expense (493) (484) (1,153) (895)
Total other expense, net (490) (438) (1,079) (852)
Income (loss) before income taxes 1,686 (1,643) 744 (5,503)
Income tax provision (benefit) 118 (186) 154 (465)
Net income (loss) 1,568 (1,457) 590 (5,038)
Other comprehensive income (loss):        
Foreign currency translation adjustments (29) (28) (35) (33)
Unrealized gain (loss) on deferred compensation trust assets 58   (37)  
Total other comprehensive income (loss) 29 (28) (72) (33)
Comprehensive income (loss) $ 1,597 $ (1,485) $ 518 $ (5,071)
Net income (loss) per share:        
Basic net income (loss) per share $ 0.04 $ (0.04) $ 0.01 $ (0.14)
Diluted net income (loss) per share $ 0.03 $ (0.04) $ 0.01 $ (0.14)
Weighted-average common shares outstanding:        
Shares used in computation of basis net income (loss) per share 39,386 35,632 38,124 35,506
Shares used in computation of diluted net income (loss) per share 47,329 35,632 42,058 35,506
[1] Excludes depreciation and amortization expense which is included in operating expense.

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