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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. The amounts reported in this table are not additional amounts received by our chief executive officer and non-PEO NEOs in excess of the amounts reported in the Summary Compensation Table (“SCT”). The “compensation actually paid” set forth in the table below does not reflect amounts actually realized by our NEOs, and the Compensation Committee did not consider the pay versus performance disclosure below when making compensation decisions for any of the years presented. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to “Executive Compensation – Compensation Discussion and Analysis.” Fair value amounts below are computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under generally accepted accounting principles. Total shareholder return (“TSR”) has been calculated in a manner consistent with Item 402(v) of Regulation S-K.
 
(a) Year
  
(b) SCT
Total for
CEO
(1)
  
(c) Compensation
Actually Paid to
CEO
(2)
  
(d) Average
SCT Total
for
non-CEO

NEOs
(3)
  
(e) Average
Compensation
Actually Paid
to non-CEO
NEOs
(4)
  
(f)
Company
TSR
(5)
  
(g)
Index
TSR
(6)
  
(h)
Net Income 
(7)
  
(i) Adjusted
Revenue
(8)
FY2023
   $ 6,894,721   $(3,944,626)   $2,284,928   $ (376,763)   $113.52   $237.57   $ (34,516,000)   $ 782,258,000
FY2022
   $ 6,756,233   $ 647,273   $2,411,000   $ (874,461)   $116.43   $142.26   $ 91,402,000   $1,024,106,000
FY2021
   $17,016,409   $21,049,328   $4,380,950   $11,180,775   $177.15   $218.45   $2,117,399,000   $ 926,572,000
FY2020
   $ 6,204,724   $ 3,366,644   $2,273,365   $ 1,487,824   $109.29   $152.93   $ 12,531,000   $ 886,677,000
 
(1)
G. Tyson Tuttle was CEO during FY2020 and FY2021, and R. Matthew Johnson became CEO in FY2022, effective January 2, 2022. The dollar amounts reported in column (b) are the amounts of total compensation reported for the CEO for each corresponding year in the “Total” column of the Summary Compensation Table.
(2)
The Compensation Actually Paid Schedule shown below sets forth the adjustments made to arrive at the “compensation actually paid” to our Chief Executive Officer.
(3)
During FY2020, our
non-CEO
NEOs were John Hollister, Brandon Tolany, D. Mark Thompson, and R. Matthew Johnson. During FY2021, our
non-CEO
NEOs were R. Matthew Johnson, John Hollister, Brandon Tolany, and Sandeep Kumar. During FY2022 and FY2023, our
non-CEO
NEOs were John Hollister, Brandon Tolany, and Sandeep Kumar. The dollar amounts reported in column (d) represent the average of the compensation reported for the NEOs for each corresponding year in the “Total” column of the Summary Compensation Table.
(4)
The Compensation Actually Paid Schedule shown below sets forth the adjustments made to arrive at the average “compensation actually paid” to our
non-CEO
NEOs for
F
Y
2023.
(5)
Represents the Company’s common stock cumulative TSR on a fixed investment of $100 over the FY starting from the market close on the last trading day of FY2019 through the end of each appliable year in the table, assuming reinvestment of any dividends.
(6)
Represents the cumulative TSR of the PHLX Semiconductor Index, the Company’s peer group for this purpose, on a fixed investment of $100 over the FY starting from the market close on the last trading day of FY2019 through the end of each applicable year in the table.
(7)
GAAP Net Income as reported under the Company’s Consolidated Statements of Income on Form
10-K
of the applicable year.
(8)
Refers to the GAAP Revenue as reported under the Company’s Consolidated Statements of Income on Form
10-K
of the applicable year. The amount shown for FY2021 included $205,712,000 to adjust for the revenue earned in the divested infrastructure and automotive business of the Company through July 3, 2021 of that year, as more fully discussed under Note 3,
Discontinued Operations
, in our Form
10-K
for the most recently completed fiscal year. The amount shown for FY2020 is the Company’s GAAP revenue as originally reported in Form
10-K
for the year prior to the business divestiture.
 
         
FY2023
        
Compensation Actually Paid Schedule:
        
CEO
    
Average
non-CEO

NEO
        
Summary Compensation table total for applicable year.
       6,894,721       2,284,928    
Deduction for amounts reported
under
the “Stock
Awards
” and “Option Awards” columns in the Summary Compensation table for applicable year.
       (6,321,406 )      (1,896,577 )   
Increase based on ASC Topic 718 fair value of Awards granted during applicable year that remain unvested as of applicable year end, determined as of applicable year end
.
       6,982,641       2,094,963    
Increase/deduction for Awards
granted
in prior years that were outstanding and unvested as of applicable year end, determined based on change in ASC Topic 718 fair value from the prior year end to the applicable year end.
       (11,197,405 )      (2,613,088 )  
Increase/deduction for Awards granted in prior years that vested during the applicable year, determined based on change in ASC Topic 718 fair value from the prior year end to the vesting date
.
       248,457       198,143    
Deduction of Awards granted in prior year that were forfeited in the applicable year, determined based on ASC Topic 718 fair value as of prior year end.
       (551,634 )      (445,133 )   
Compensation Actually Paid -
       (3,944,626 )      (376,763 )   
 
      
Company Selected Measure Name Adjusted Revenue      
Named Executive Officers, Footnote During FY2020, our
non-CEO
NEOs were John Hollister, Brandon Tolany, D. Mark Thompson, and R. Matthew Johnson. During FY2021, our
non-CEO
NEOs were R. Matthew Johnson, John Hollister, Brandon Tolany, and Sandeep Kumar. During FY2022 and FY2023, our
non-CEO
NEOs were John Hollister, Brandon Tolany, and Sandeep Kumar. 		     
Peer Group Issuers, Footnote Represents the cumulative TSR of the PHLX Semiconductor Index, the Company’s peer group for this purpose, on a fixed investment of $100 over the FY starting from the market close on the last trading day of FY2019 through the end of each applicable year in the table.      
PEO Total Compensation Amount $ 6,894,721 $ 6,756,233 $ 17,016,409 $ 6,204,724
PEO Actually Paid Compensation Amount $ (3,944,626) 647,273 21,049,328 3,366,644
Adjustment To PEO Compensation, Footnote
 
         
FY2023
        
Compensation Actually Paid Schedule:
        
CEO
    
Average
non-CEO

NEO
        
Summary Compensation table total for applicable year.
       6,894,721       2,284,928    
Deduction for amounts reported
under
the “Stock
Awards
” and “Option Awards” columns in the Summary Compensation table for applicable year.
       (6,321,406 )      (1,896,577 )   
Increase based on ASC Topic 718 fair value of Awards granted during applicable year that remain unvested as of applicable year end, determined as of applicable year end
.
       6,982,641       2,094,963    
Increase/deduction for Awards
granted
in prior years that were outstanding and unvested as of applicable year end, determined based on change in ASC Topic 718 fair value from the prior year end to the applicable year end.
       (11,197,405 )      (2,613,088 )  
Increase/deduction for Awards granted in prior years that vested during the applicable year, determined based on change in ASC Topic 718 fair value from the prior year end to the vesting date
.
       248,457       198,143    
Deduction of Awards granted in prior year that were forfeited in the applicable year, determined based on ASC Topic 718 fair value as of prior year end.
       (551,634 )      (445,133 )   
Compensation Actually Paid -
       (3,944,626 )      (376,763 )   
     
Non-PEO NEO Average Total Compensation Amount $ 2,284,928 2,411,000 4,380,950 2,273,365
Non-PEO NEO Average Compensation Actually Paid Amount $ (376,763) (874,461) 11,180,775 1,487,824
Adjustment to Non-PEO NEO Compensation Footnote
 
         
FY2023
        
Compensation Actually Paid Schedule:
        
CEO
    
Average
non-CEO

NEO
        
Summary Compensation table total for applicable year.
       6,894,721       2,284,928    
Deduction for amounts reported
under
the “Stock
Awards
” and “Option Awards” columns in the Summary Compensation table for applicable year.
       (6,321,406 )      (1,896,577 )   
Increase based on ASC Topic 718 fair value of Awards granted during applicable year that remain unvested as of applicable year end, determined as of applicable year end
.
       6,982,641       2,094,963    
Increase/deduction for Awards
granted
in prior years that were outstanding and unvested as of applicable year end, determined based on change in ASC Topic 718 fair value from the prior year end to the applicable year end.
       (11,197,405 )      (2,613,088 )  
Increase/deduction for Awards granted in prior years that vested during the applicable year, determined based on change in ASC Topic 718 fair value from the prior year end to the vesting date
.
       248,457       198,143    
Deduction of Awards granted in prior year that were forfeited in the applicable year, determined based on ASC Topic 718 fair value as of prior year end.
       (551,634 )      (445,133 )   
Compensation Actually Paid -
       (3,944,626 )      (376,763 )   
     
Compensation Actually Paid vs. Total Shareholder Return
The chart below provides a comparison between the compensation actually paid to our CEO and our average compensation actually paid to our other NEOs against the Company total shareholder return and the PHLX Semiconductor Index total shareholder return. As demonstrated below, the trend in NEO compensation has largely been aligned to the trend in TSR.
 
 
LOGO
 
      
Compensation Actually Paid vs. Net Income
The chart below illustrates the correlation between compensation actually paid to our CEO and average compensation actually paid to our other NEOs against the Company’s GAAP net income for FY2020, FY2021, FY2022, and FY2023. Our 2021 net income was heavily influenced by our divestiture event.
 
LOGO
 
      
Compensation Actually Paid vs. Company Selected Measure
The chart below illustrates the correlation between compensation actually paid to our CEO and average compensation actually paid to our other NEOs against the Company’s GAAP annual revenue for FY2020, FY2021, FY2022, and FY2023. FY2021 actual compensation values were heavily influenced by our stock price increase and our PSU overperformance, post our divestiture event. FY2022 actual compensation values were heavily influenced by our prior MSU underperformance and related CAP deductions. FY2023 actual compensation values were heavily influenced by our PSU underperformance and related CAP deductions.
 
LOGO
 
      
Total Shareholder Return Vs Peer Group
The chart below provides a comparison between the compensation actually paid to our CEO and our average compensation actually paid to our other NEOs against the Company total shareholder return and the PHLX Semiconductor Index total shareholder return. As demonstrated below, the trend in NEO compensation has largely been aligned to the trend in TSR.
 
 
LOGO
 
      
Tabular List, Table
List of Most Important Financial Performance Measures
The following table outlines what we believe to be our NEOs’ key performance measures, in no particular order. These key performance measures are further described in
Compensation Elements
.
 
Key Performance Measures
Adjusted Revenue
   
Adjusted non-GAAP operating income margin
Revenue CAGR
   
DEI Goal Achievement
     
Total Shareholder Return Amount $ 113.52 116.43 177.15 109.29
Peer Group Total Shareholder Return Amount 237.57 142.26 218.45 152.93
Net Income (Loss) $ (34,516,000) $ 91,402,000 $ 2,117,399,000 $ 12,531,000
Company Selected Measure Amount 782,258,000 1,024,106,000 926,572,000 886,677,000
PEO Name R. Matthew Johnson R. Matthew Johnson G. Tyson Tuttle G. Tyson Tuttle
Revenue Earned $ 205,712,000      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted Revenue      
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted non-GAAP operating income margin      
Measure:: 3        
Pay vs Performance Disclosure        
Name Revenue CAGR      
Measure:: 4        
Pay vs Performance Disclosure        
Name DEI Goal Achievement      
PEO | The Stock Awards And Option Awards Columns [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (6,321,406)      
PEO | Fair Value Of Awards Granted During Applicable Year That Remain Unvested As Of Applicable Year End, Determined As Of Applicable Year End [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 6,982,641      
PEO | IncreaseDeduction For Awards Granted In Prior Years That Were Outstanding And Unvested As Of Applicable Year End [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (11,197,405)      
PEO | IncreaseDeduction For Awards Granted In Prior Years That Vested During The Applicable Year, Determined Based On Change In Asc [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 248,457      
PEO | Deduction Of Awards Granted In Prior Year That Were Forfeited In The Applicable Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (551,634)      
Non-PEO NEO | The Stock Awards And Option Awards Columns [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,896,577)      
Non-PEO NEO | Fair Value Of Awards Granted During Applicable Year That Remain Unvested As Of Applicable Year End, Determined As Of Applicable Year End [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,094,963      
Non-PEO NEO | IncreaseDeduction For Awards Granted In Prior Years That Were Outstanding And Unvested As Of Applicable Year End [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,613,088)      
Non-PEO NEO | IncreaseDeduction For Awards Granted In Prior Years That Vested During The Applicable Year, Determined Based On Change In Asc [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 198,143      
Non-PEO NEO | Deduction Of Awards Granted In Prior Year That Were Forfeited In The Applicable Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (445,133)