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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Cash flows from operating activities:    
Net income $ 64,465 $ 58,027
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 21,189 19,256
Amortization 7,056 16,362
Reduction in the carrying amount of right-of-use assets 5,900 5,412
Stock-based compensation expense 21,873 21,585
Deferred income tax benefit (6,881) (873)
Provision for excess and obsolete inventories 16,078 11,621
Non-cash restructuring charges 710 1,592
Gain on contingent consideration 0 (95)
Other adjustments to reconcile net income to net cash provided by operating activities 3,356 2,500
Changes in assets and liabilities:    
Accounts receivable 1,654 1,157
Inventories (33,023) (30,335)
Prepaid expenses and other current assets (2,016) 3,631
Other assets (117) (333)
Accounts payable 17,613 1,488
Accrued liabilities (5,035) (6,951)
Other liabilities 276 47
Deferred revenues 3,776 2,000
Operating lease liabilities (5,826) (5,654)
Net cash provided by operating activities 111,048 100,437
Cash flows from investing activities:    
Acquisition of property, plant and equipment (39,024) (51,353)
Acquisition of business (3,350) 0
Purchases of marketable securities (80,249) (114,898)
Purchase of promissory note receivable 1,000 0
Proceeds from maturities and sales of marketable securities 71,610 71,275
Net cash used in investing activities (52,013) (94,976)
Cash flows from financing activities:    
Proceeds from issuances of common stock 10,499 10,647
Purchase of common stock through stock repurchase program (73,478) (23,951)
Tax withholdings related to net share settlements of equity awards (15,564) (12,643)
Payment of contingent consideration 0 (3,873)
Principal repayments on term loans (6,421) (7,049)
Net cash used in financing activities (84,964) (36,869)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (5,708) (2,216)
Net decrease in cash, cash equivalents and restricted cash (31,637) (33,624)
Cash, cash equivalents and restricted cash, beginning of period 155,342 191,098
Cash, cash equivalents and restricted cash, end of period 123,705 157,474
Non-cash investing and financing activities:    
Increase in accounts payable and accrued liabilities related to property, plant and equipment purchases 341 4,684
Increase in accrued liabilities related to tax withholdings related to net share settlements of equity awards 0 6,952
Operating lease, right-of-use assets obtained in exchange for lease obligations 3,457 11,699
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 9,911 6,795
Cash paid for interest 455 496
Operating cash outflows from operating leases 6,670 6,553
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 120,602 153,781
Restricted cash, current 1,263 2,019
Restricted cash, non-current 1,840 1,674
Total cash, cash equivalents and restricted cash $ 123,705 $ 157,474