Company: COHU
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001437749-25-004612
Chunk: 84

Company: COHU INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 84
---

			)

			Total stockholders' equity

			856,891

			950,170

			$
			999,415

			$
			1,150,352

The accompanying notes are an integral part of these statements.

51

			COHU, INC.

			CONSOLIDATED STATEMENTS OF OPERATIONS

			(in thousands, except per share amounts)

			Years ended

			December 28,

			December 30,

			December 31,

			2024

			2023

			2022

			Net sales

			$
			401,779

			$
			636,322

			$
			812,775

			Cost and expenses:

			Cost of sales (1)

			221,485

			333,454

			429,449

			Research and development

			84,797

			88,571

			92,589

			Selling, general and administrative

			128,037

			132,249

			131,390

			Amortization of purchased intangible assets

			39,087

			36,355

			33,185

			Restructuring charges (Note 4)

			41

			2,421

			605

			473,447

			593,050

			687,218

			Income (loss) from operations

			(71,668
			)

			43,272

			125,557

			Other (expense) income:

			Interest expense

			(618
			)

			(3,382
			)

			(4,177
			)

			Interest income

			9,976

			11,504

			4,012

			Foreign transaction gain (loss)

			(2,395
			)

			(5,209
			)

			1,635

			Loss on extinguishment of debt

			(241
			)

			(369
			)

			(312
			)

			Income (loss) before taxes

			(64,946
			)

			45,816

			126,715

			Income tax provision

			4,872