XML 41 R31.htm IDEA: XBRL DOCUMENT v3.24.3

Fair Value and Derivative Instruments (Tables)

9 Months Ended

Sep. 28, 2024

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 28, 2024						Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market funds						$	125,293					$	—					$	—					$	125,293
U.S. treasuries						1,198						—						—						1,198
						126,491						—						—						126,491
Marketable securities:
U.S. treasuries						65,646						—						—						65,646
U.S. agency securities						—						13,851						—						13,851
Corporate bonds						—						84,512						—						84,512
Commercial paper						—						5,952						—						5,952
						65,646						104,315						—						169,961
Foreign exchange derivative contracts						—						505						—						505
Promissory note receivable						—						—						1,500						1,500
Interest rate swap derivative contracts						—						1,618						—						1,618
Total assets						$	192,137					$	106,438					$	1,500					$	300,075

December 30, 2023						Level 1						Level 2						Level 3						Total
Assets:
Cash equivalents:
Money market funds						$	110,980					$	—					$	—					$	110,980
U.S. treasuries						4,581						—						—						4,581
						115,561						—						—						115,561
Marketable securities:
U.S. treasuries						45,837						—						—						45,837
U.S. agency securities						—						10,003						—						10,003
Corporate bonds						—						81,350						—						81,350
Commercial paper						—						13,317						—						13,317
						45,837						104,670						—						150,507
Foreign exchange derivative contracts						—						284						—						284
Interest rate swap derivative contracts						—						1,989						—						1,989
Total assets						$	161,398					$	106,943					$	—					$	268,341
Liabilities:
Foreign exchange derivative contracts						$	—					$	(30)					$	—					$	(30)
Total liabilities						$	—					$	(30)					$	—					$	(30)

Schedule of Foreign Currency Forward Contracts

The following table provides information about our foreign currency forward contracts outstanding as of September 28, 2024 (in thousands):

Currency						Contract Position						Contract Amount (Local Currency)						Contract Amount (U.S. Dollars)
Euro						Buy						29,925						$	33,028
Japanese Yen						Sell						2,863,220						20,203
Korean Won						Buy						2,898,328						2,202
Taiwan Dollar						Sell						113,723						3,598

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/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ 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
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4B
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

+ Details

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