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Pay vs Performance Disclosure

12 Months Ended

Dec. 30, 2023

USD ($)

Dec. 31, 2022

USD ($)

Dec. 25, 2021

USD ($)

Dec. 26, 2020

USD ($)

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance

In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our PEO and Non-PEO named executive officers (“NEOs”) and company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.

																Value of Initial Fixed $100 Investment based on:⁽⁴⁾
	Year			Summary Compensation Table Total for PEO⁽¹⁾ ($)			Compensation Actually Paid to PEO^(1),(2),(3) ($)			Average Summary Compensation Table Total for Non- PEO NEOs⁽¹⁾ ($)			Average Compensation Actually Paid to Non- PEO NEOs^(1),(2),(3) ($)			TSR ($)			Peer Group TSR ($)			Net Income ($ Millions)			TSR Percentile Rank⁽⁵⁾
	(a)			(b)			(c)			(d)			(e)			(f)			(g)			(h)			(i)
	2023			6,727,848			13,476,551			2,727,617			5,101,521			160.6			212.5			82.4			84.6
	2022			5,111,933			(2,441,277)			1,987,354			(897,158)			85.6			158.1			50.7			28.9
	2021			5,231,873			2,791,024			2,082,660			1,146,973			171.4			227.5			83.9			5.4
	2020			4,588,247			13,461,558			2,064,727			5,424,209			164.0			159.1			78.5			72.2

(1)	Michael D. Slessor, our President and CEO, was our PEO for each year presented. The only Non-PEO NEO for each year presented was Shai Shahar, our CFO.

(2)

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the company’s PEO or non-PEO NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for Dr. Slessor and Mr. Shahar as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.

(4)

The Peer Group TSR set forth in this table utilizes the S&P Semiconductors Select Industry Index, which we also utilize in the stock price performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the fiscal year ended December 30, 2023. The comparison assumes $100 was invested for the period starting December 27, 2019 through the end of the applicable year reflected in the table, in the company and in the S&P Semiconductors Select Industry Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.

(5)

We determined TSR Percentile Rank relative to the constituents of the S&P Semiconductors Select Industry Index to be the most important financial performance measure used to link company performance to Compensation Actually Paid to our PEO and non-PEO NEOs in 2023. TSR Percentile Rank is the “Company Selected Measure” for 2022 and 2023. This column presents the TSR Percentile Rank (or the relative ranking of the company's Total Shareholder Return as compared to the Total Shareholder Returns of the companies included in the S&P Semiconductors Select Industry Index) for each covered year. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years.

	Year			Summary Compensation Table Total for PEO ($)			Exclusion of Stock Awards and Option Awards ($)			Inclusion of Equity Values⁽¹⁾ ($)			Compensation Actually Paid to PEO ($)
	2023			6,727,848			5,980,078			12,728,781			13,476,551
	2022			5,111,933			4,258,926			(3,294,284)			(2,441,277)
	2021			5,231,873			4,189,734			1,748,885			2,791,024
	2020			4,588,247			3,311,000			12,184,311			13,461,558

	Year			Summary Compensation Table Total for Non-PEO NEOs ($)			Exclusion of Stock Awards and Option Awards ($)			Inclusion of Equity Values⁽¹⁾ ($)			Compensation Actually Paid to Non-PEO NEOs ($)
	2023			2,727,617			2,286,957			4,660,861			5,101,521
	2022			1,987,354			1,490,639			(1,393,873)			(897,158)
	2021			2,082,660			1,512,966			577,280			1,146,973
	2020			2,064,727			1,430,352			4,789,834			5,424,209

(1)	The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables.

Principal Executive Officer

	Year			Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($)			Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($)			Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($)			Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($)			Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($)			Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO ($)			Total - Inclusion of Equity Values for PEO ($)
	2023			7,413,921			5,029,766			214,342			70,752			—			—			12,728,781
	2022			2,055,593			(5,015,629)			—			(334,248)			—			—			(3,294,284)
	2021			4,833,797			(1,385,403)			—			(1,699,509)			—			—			1,748,885
	2020			5,815,370			5,933,234			—			435,707			—			—			12,184,311

Other Named Executive Officers

	Year			Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)			Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)			Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)			Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)			Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)			Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for Non- PEO NEOs ($)			Total - Inclusion of Equity Values for Non-PEO NEOs ($)
	2023			2,767,243			1,786,740			107,207			(329)			—			—			4,660,861
	2022			719,464			(1,980,401)			—			(132,936)			—			—			(1,393,873)
	2021			1,745,546			(579,687)			—			(588,579)			—			—			577,280
	2020			2,512,240			2,367,636			—			(90,042)			—			—			4,789,834

Company Selected Measure Name

TSR Percentile Rank

Named Executive Officers, Footnote

(1)	Michael D. Slessor, our President and CEO, was our PEO for each year presented. The only Non-PEO NEO for each year presented was Shai Shahar, our CFO.

Peer Group Issuers, Footnote

(4)

The Peer Group TSR set forth in this table utilizes the S&P Semiconductors Select Industry Index, which we also utilize in the stock price performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the fiscal year ended December 30, 2023. The comparison assumes $100 was invested for the period starting December 27, 2019 through the end of the applicable year reflected in the table, in the company and in the S&P Semiconductors Select Industry Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.

PEO Total Compensation Amount

$ 6,727,848

$ 5,111,933

$ 5,231,873

$ 4,588,247

PEO Actually Paid Compensation Amount

$ 13,476,551

(2,441,277)

2,791,024

13,461,558

Adjustment To PEO Compensation, Footnote

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for Dr. Slessor and Mr. Shahar as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.

	Year			Summary Compensation Table Total for PEO ($)			Exclusion of Stock Awards and Option Awards ($)			Inclusion of Equity Values⁽¹⁾ ($)			Compensation Actually Paid to PEO ($)
	2023			6,727,848			5,980,078			12,728,781			13,476,551
	2022			5,111,933			4,258,926			(3,294,284)			(2,441,277)
	2021			5,231,873			4,189,734			1,748,885			2,791,024
	2020			4,588,247			3,311,000			12,184,311			13,461,558

(1)	The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables.

Principal Executive Officer

	Year			Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($)			Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($)			Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($)			Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($)			Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($)			Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO ($)			Total - Inclusion of Equity Values for PEO ($)
	2023			7,413,921			5,029,766			214,342			70,752			—			—			12,728,781
	2022			2,055,593			(5,015,629)			—			(334,248)			—			—			(3,294,284)
	2021			4,833,797			(1,385,403)			—			(1,699,509)			—			—			1,748,885
	2020			5,815,370			5,933,234			—			435,707			—			—			12,184,311

Non-PEO NEO Average Total Compensation Amount

$ 2,727,617

1,987,354

2,082,660

2,064,727

Non-PEO NEO Average Compensation Actually Paid Amount

$ 5,101,521

(897,158)

1,146,973

5,424,209

Adjustment to Non-PEO NEO Compensation Footnote

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for Dr. Slessor and Mr. Shahar as set forth in the table below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.

	Year			Summary Compensation Table Total for Non-PEO NEOs ($)			Exclusion of Stock Awards and Option Awards ($)			Inclusion of Equity Values⁽¹⁾ ($)			Compensation Actually Paid to Non-PEO NEOs ($)
	2023			2,727,617			2,286,957			4,660,861			5,101,521
	2022			1,987,354			1,490,639			(1,393,873)			(897,158)
	2021			2,082,660			1,512,966			577,280			1,146,973
	2020			2,064,727			1,430,352			4,789,834			5,424,209

(1)	The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables.

Other Named Executive Officers

	Year			Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)			Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)			Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)			Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)			Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)			Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for Non- PEO NEOs ($)			Total - Inclusion of Equity Values for Non-PEO NEOs ($)
	2023			2,767,243			1,786,740			107,207			(329)			—			—			4,660,861
	2022			719,464			(1,980,401)			—			(132,936)			—			—			(1,393,873)
	2021			1,745,546			(579,687)			—			(588,579)			—			—			577,280
	2020			2,512,240			2,367,636			—			(90,042)			—			—			4,789,834

Compensation Actually Paid vs. Total Shareholder Return

Relationship Between Compensation Actually Paid, Company TSR and Peer Group TSR

The following chart sets forth the relationship between Compensation Actually Paid to our PEO and non-PEO NEOs and the cumulative TSR over the four most recently completed fiscal years of the company and the S&P Semiconductors Select Industry.

Compensation Actually Paid vs. Net Income

Relationship Between Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO and non-PEO NEOs and the company’s net income during the four most recently completed fiscal years.

Compensation Actually Paid vs. Company Selected Measure

Relationship Between Compensation Actually Paid and TSR Percentile Rank

The following chart sets forth the relationship between Compensation Actually Paid to our PEO and non-PEO NEOs and the company’s TSR Percentile Rank during the four most recently completed fiscal years.

Total Shareholder Return Vs Peer Group

Relationship Between Compensation Actually Paid, Company TSR and Peer Group TSR

The following chart sets forth the relationship between Compensation Actually Paid to our PEO and non-PEO NEOs and the cumulative TSR over the four most recently completed fiscal years of the company and the S&P Semiconductors Select Industry.

Tabular List, Table

Tabular List of Most Important Performance Measures

The following table presents the financial performance measures that the company considers to have been the most important in linking Compensation Actually Paid to our PEO and non-PEO NEOs for 2023 to company performance. The measures in this table are not ranked.

	Performance Measures
	Total Shareholder Return
	Adjusted Operating Income
	Total Shareholder Percentile Rank

Total Shareholder Return Amount

$ 160.6

85.6

171.4

164

Peer Group Total Shareholder Return Amount

212.5

158.1

227.5

159.1

Net Income (Loss)

$ 82,400,000

$ 50,700,000

$ 83,900,000

$ 78,500,000

Company Selected Measure Amount

84.6

28.9

5.4

72.2

Michael D. Slessor

Michael D. Slessor

Michael D. Slessor

Michael D. Slessor

Pay vs Performance Disclosure

Total Shareholder Return

Pay vs Performance Disclosure

Adjusted Operating Income

Pay vs Performance Disclosure

Total Shareholder Percentile Rank

PEO | Stock Awards and Option Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (5,980,078)

$ (4,258,926)

$ (4,189,734)

$ (3,311,000)

PEO | Equity Values [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

12,728,781

(3,294,284)

1,748,885

12,184,311

PEO | Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

7,413,921

2,055,593

4,833,797

5,815,370

PEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

5,029,766

(5,015,629)

(1,385,403)

5,933,234

PEO | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

214,342

0

0

0

PEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

70,752

(334,248)

(1,699,509)

435,707

PEO | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

PEO | Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

Non-PEO NEO | Stock Awards and Option Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(2,286,957)

(1,490,639)

(1,512,966)

(1,430,352)

Non-PEO NEO | Equity Values [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

4,660,861

(1,393,873)

577,280

4,789,834

Non-PEO NEO | Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

2,767,243

719,464

1,745,546

2,512,240

Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,786,740

(1,980,401)

(579,687)

2,367,636

Non-PEO NEO | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

107,207

0

0

0

Non-PEO NEO | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(329)

(132,936)

(588,579)

(90,042)

Non-PEO NEO | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

Non-PEO NEO | Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 0

$ 0

$ 0

$ 0