XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.1

Segment and Geographic Information (Tables)

3 Months Ended

Mar. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes significant segment expenses, which represents the difference between segment revenue and segment net income (in thousands):

			Three-months Ended
			March 30, 2025						March 31, 2024
Revenue			$	216,036					$	210,797
Less:
Cost of revenue (1)			71,713						68,860
Gross profit			144,323						141,937
Less:
Research, development, and engineering expenses
Salaries and fringe benefits			18,274						19,717
Incentive compensation (2)			1,071						984
Stock-based compensation			4,696						4,389
Depreciation and amortization			755						823
Other segment expenses (3)			9,931						11,192
Total research, development, and engineering expenses			34,727						37,105
Selling, general, and administrative expenses
Salaries and fringe benefits			42,195						44,682
Incentive compensation (2)			10,882						11,060
Stock-based compensation			4,575						8,308
Depreciation and amortization			4,161						4,119
Other segment expenses (3)			21,691						22,459
Total selling, general, and administrative expenses			83,504						90,628
Operating income			26,092						14,204
Foreign currency gain (loss)			(2,453)						46
Investment income			3,990						3,120
Other income (expense)			169						196
Income before income tax expense			27,798						17,566
Income tax expense			4,195						5,544
Net income			$	23,603					$	12,022

(1) Cost of revenue includes depreciation and amortization expense (including amortization of acquired technologies) of $3,018,000 and $3,150,000 for March 30, 2025 and March 31, 2024, respectively.

(2) Incentive compensation includes company bonus and sales commissions.

(3) Other segment expenses include outside services, prototyping materials, sales demonstration equipment, travel and entertainment, marketing programs, and rent, among other less significant expenses.

Segment assets amounted to $1,932,503 and $1,992,850 as of March 30, 2025 and December 31, 2024, respectively.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration