XML 41 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2

Fair Value and Derivative Instruments (Tables)

9 Months Ended

Sep. 24, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis were as follows (in thousands): 

September 24, 2022						Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market funds						$	27,581					$	—					$	—					$	27,581
Commercial paper						—						1,398						—						1,398
Corporate bonds						—						2,995						—						2,995
						27,581						4,393						—						31,974
Marketable securities:
Corporate bonds						—						69,548						—						69,548
U.S. treasuries						32,820						—						—						32,820
Commercial paper						—						16,881						—						16,881
U.S. agency securities						—						11,041						—						11,041
Certificates of deposit						—						701						—						701
						32,820						98,171						—						130,991
Promissory note receivable						—						—						1,019						1,019
Interest rate swap derivative contracts						—						2,420						—						2,420
Total assets						$	60,401					$	104,984					$	1,019					$	166,404
Liabilities:
Foreign exchange derivative contracts						$	—					$	(2,457)					$	—					$	(2,457)

December 25, 2021						Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market funds						$	9,526					$	—					$	—					$	9,526
U.S. agency securities						—						5,556						—						5,556
U.S. treasuries						2,500						—						—						2,500
Commercial paper						—						1,000						—						1,000
						12,026						6,556						—						18,582
Marketable securities:
Corporate bonds						—						52,709						—						52,709
U.S. treasuries						38,985						—						—						38,985
Commercial paper						—						32,162						—						32,162
Certificates of deposit						—						1,199						—						1,199
						38,985						86,070						—						125,055
Interest rate swap derivative contracts						—						629						—						629
Total assets						$	51,011					$	93,255					$	—					$	144,266
Liabilities:
Foreign exchange derivative contracts						$	—					$	(489)					$	—					$	(489)
Interest rate swap derivative contracts						—						(55)						—						(55)
Total liabilities						$	—					$	(544)					$	—					$	(544)

Schedule of Foreign Currency Forward Contracts

The following table provides information about our foreign currency forward contracts outstanding as of September 24, 2022 (in thousands):

Currency						Contract Position						Contract Amount (Local Currency)						Contract Amount (U.S. Dollars)
Euro Dollar						Buy						(29,215)						$	(31,087)
Japanese Yen						Sell						2,145,851						14,995
Korean Won						Buy						(847,855)						(603)
Taiwan Dollar						Sell						27,157						857
Total USD notional amount of outstanding foreign exchange contracts																		$	(15,838)

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

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

X

- Definition

Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959

+ Details

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