XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value and Derivative Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 28, 2025
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):
June 28, 2025 |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Money market funds |  | $ | 15,972 |  |  | $ | — |  |  | $ | — |  |  | $ | 15,972 |
Commercial paper |  | — |  |  | 2,985 |  |  | — |  |  | 2,985 |
|  | 15,972 |  |  | 2,985 |  |  | — |  |  | 18,957 |
Marketable securities: |  |  |  |  |  |  |  |
U.S. treasuries |  | 85,638 |  |  | — |  |  | — |  |  | 85,638 |
U.S. agency securities |  | — |  |  | 14,808 |  |  | — |  |  | 14,808 |
Corporate bonds |  | — |  |  | 70,386 |  |  | — |  |  | 70,386 |
Commercial paper |  | — |  |  | 11,117 |  |  | — |  |  | 11,117 |
|  | 85,638 |  |  | 96,311 |  |  | — |  |  | 181,949 |
Foreign exchange derivative contracts |  | — |  |  | 1,627 |  |  | — |  |  | 1,627 |
Promissory note receivable |  | — |  |  | — |  |  | 1,515 |  |  | 1,515 |
Interest rate swap derivative contracts |  | — |  |  | 1,585 |  |  | — |  |  | 1,585 |
Total assets |  | $ | 101,610 |  |  | $ | 102,508 |  |  | $ | 1,515 |  |  | $ | 205,633 |
December 28, 2024 |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |
Money market funds |  | $ | 131,519 |  |  | $ | — |  |  | $ | — |  |  | $ | 131,519 |
Marketable securities: |  |  |  |  |  |  |  |
U.S. treasuries |  | 71,252 |  |  | — |  |  | — |  |  | 71,252 |
U.S. agency securities |  | — |  |  | 13,869 |  |  | — |  |  | 13,869 |
Corporate bonds |  | — |  |  | 83,176 |  |  | — |  |  | 83,176 |
Commercial paper |  | — |  |  | 998 |  |  | — |  |  | 998 |
|  | 71,252 |  |  | 98,043 |  |  | — |  |  | 169,295 |
Promissory note receivable |  | — |  |  | — |  |  | 1,512 |  |  | 1,512 |
Interest rate swap derivative contracts |  | — |  |  | 2,025 |  |  | — |  |  | 2,025 |
Total assets |  | $ | 202,771 |  |  | $ | 100,068 |  |  | $ | 1,512 |  |  | $ | 304,351 |
Liabilities: |  |  |  |  |  |  |  |
Foreign exchange derivative contracts |  | $ | — |  |  | $ | (1,141) |  |  | $ | — |  |  | $ | (1,141) |
Total liabilities |  | $ | — |  |  | $ | (1,141) |  |  | $ | — |  |  | $ | (1,141) |
Schedule of Foreign Currency Forward Contracts | The following table provides information about our foreign currency forward contracts outstanding as of June 28, 2025 (in thousands):
Currency |  | Contract Position |  | Contract Amount (Local Currency) |  | Contract Amount (U.S. Dollars)
Euro |  | Buy |  | 20,637 |  |  | $ | 22,656 |
Japanese Yen |  | Sell |  | 2,422,178 |  |  | 16,779 |
Korean Won |  | Buy |  | 1,803,550 |  |  | 1,333 |
Taiwan Dollar |  | Sell |  | 128,097 |  |  | 4,482 |

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://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -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