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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Cash flows from operating activities:    
Net income $ 60,114 $ 37,530
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 14,146 12,678
Amortization 4,702 13,900
Reduction in the carrying amount of right-of-use assets 4,414 3,652
Stock-based compensation expense 13,878 13,665
Provision for excess and obsolete inventories 4,726 6,898
Non-cash restructuring charges 710 0
Gain on contingent consideration 0 (95)
Other adjustments to reconcile net income to net cash provided by operating activities (567) 1,211
Changes in assets and liabilities:    
Accounts receivable 5,530 (1,194)
Inventories (32,268) (20,388)
Prepaid expenses and other current assets 1,295 3,179
Other assets (40) (344)
Accounts payable 7,521 (2,028)
Accrued liabilities 4,102 (235)
Other liabilities 73 184
Deferred revenues 2,727 1,522
Operating lease liabilities (4,262) (3,980)
Net cash provided by operating activities 86,801 66,155
Cash flows from investing activities:    
Acquisition of property, plant and equipment (30,116) (31,322)
Acquisition of business (3,121) 0
Purchases of marketable securities (52,344) (71,186)
Purchase of promissory note receivable 1,000 0
Proceeds from maturities and sales of marketable securities 45,470 42,695
Net cash used in investing activities (41,111) (59,813)
Cash flows from financing activities:    
Proceeds from issuances of common stock 5,687 5,909
Purchase of common stock through stock repurchase program (54,328) (23,951)
Tax withholdings related to net share settlements of equity awards (4,243) (5,261)
Payment of contingent consideration 0 (3,873)
Principal repayments on term loans (4,379) (4,740)
Net cash used in financing activities (57,263) (31,916)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,470) (1,558)
Net decrease in cash, cash equivalents and restricted cash (15,043) (27,132)
Cash, cash equivalents and restricted cash, beginning of period 155,342 191,098
Cash, cash equivalents and restricted cash, end of period 140,299 163,966
Non-cash investing and financing activities:    
Increase (decrease) in accounts payable and accrued liabilities related to property, plant and equipment purchases (4,165) 2,906
Operating lease, right-of-use assets obtained in exchange for lease obligations 3,438 11,629
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 6,473 4,559
Cash paid for interest 294 339
Operating cash outflows from operating leases 4,379 4,352
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 136,395 160,273
Restricted cash, current 2,102 1,857
Restricted cash, non-current 1,802 1,836
Total cash, cash equivalents and restricted cash $ 140,299 $ 163,966