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Operating Segments and Enterprise-Wide Information (Tables)
9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Schedule of Operating Results by Segment
The following table provides net contribution by reportable segment and includes a reconciliation to net income before income taxes (dollars in thousands):
Three Months Ended
September 27, 2025September 28, 2024
Probe CardsSystemsCorporate and OtherTotalProbe CardsSystemsCorporate and OtherTotal
Revenues$166,380 $36,296 $— $202,676 $172,174 $35,743 $— $207,917 
Cost of revenues98,451 21,052 (2,547)122,050 99,319 20,905 (2,988)123,212 
Gross profit67,929 15,244 (2,547)80,626 72,855 14,838 (2,988)84,705 
Gross margin40.8 %42.0 %39.8 %42.3 %41.5 %40.7 %
Research and development21,785 4,404 2,497 28,686 23,259 5,166 2,818 31,243 
Selling7,621 3,445 1,552 12,618 8,198 4,363 1,443 14,004 
Marketing1,620 1,803 1,199 4,622 1,873 1,847 429 4,149 
Net contribution$36,903 $5,592 $(7,795)34,700 $39,525 $3,462 $(7,678)35,309 
General and administrative15,731 17,454 
Factory start-up costs964 — 
Operating income18,005 17,855 
Interest income, net1,976 3,650 
Other income (expense), net444 (558)
Income before income taxes and equity investment$20,425 $20,947 
Schedule of Disaggregation of Revenue by Segment
Certain revenue category information by reportable segment was as follows (in thousands):
Three Months Ended
September 27, 2025September 28, 2024
Probe CardsSystemsTotalProbe CardsSystemsTotal
Market:
Foundry & Logic$92,933 $— $92,933 $107,446 $— $107,446 
DRAM68,182 — 68,182 60,184 — 60,184 
Flash5,265 — 5,265 4,544 — 4,544 
Systems— 36,296 36,296 — 35,743 35,743 
Total$166,380 $36,296 $202,676 $172,174 $35,743 $207,917 
Timing of revenue recognition:
Products transferred at a point in time$164,573 $33,649 $198,222 $166,968 $34,292 $201,260 
Products and services transferred over time1,807 2,647 4,454 5,206 1,451 6,657 
Total$166,380 $36,296 $202,676 $172,174 $35,743 $207,917 
Geographical region:
South Korea$68,644 $2,158 $70,802 $40,870 $858 $41,728 
Taiwan35,917 10,994 46,911 42,105 5,817 47,922 
United States26,802 9,573 36,375 45,015 10,000 55,015 
China7,760 3,905 11,665 27,367 7,146 34,513 
Japan8,406 2,979 11,385 3,734 4,322 8,056 
Singapore8,697 1,240 9,937 4,726 749 5,475 
Europe2,441 4,922 7,363 2,149 5,607 7,756 
Malaysia5,633 181 5,814 4,458 822 5,280 
Rest of World2,080 344 2,424 1,750 422 2,172 
Total$166,380 $36,296 $202,676 $172,174 $35,743 $207,917 
Nine Months Ended
September 27, 2025September 28, 2024
Probe CardsSystemsTotalProbe CardsSystemsTotal
Market:
Foundry & Logic$277,718 $— $277,718 $297,874 $— $297,874 
DRAM174,097 — 174,097 164,122 — 164,122 
Flash13,193 — 13,193 13,671 — 13,671 
Systems— 104,822 104,822 — 98,449 98,449 
Total$465,008 $104,822 $569,830 $475,667 $98,449 $574,116 
Timing of revenue recognition:
Products transferred at a point in time$459,846 $95,227 $555,073 $464,668 $94,638 $559,306 
Products and services transferred over time5,162 9,595 14,757 10,999 3,811 14,810 
Total$465,008 $104,822 $569,830 $475,667 $98,449 $574,116 
Geographical region:
South Korea$166,689 $4,413 $171,102 $140,233 $1,319 $141,552 
Taiwan123,478 21,674 145,152 109,476 13,136 122,612 
United States87,435 30,189 117,624 120,046 28,626 148,672 
Japan20,665 15,705 36,370 12,594 11,615 24,209 
China20,545 14,135 34,680 56,364 18,849 75,213 
Singapore19,057 3,808 22,865 12,354 2,401 14,755 
Europe9,200 13,192 22,392 8,927 16,493 25,420 
Malaysia13,297 272 13,569 11,150 2,595 13,745 
Rest of the world4,642 1,434 6,076 4,523 3,415 7,938 
Total$465,008 $104,822 $569,830 $475,667 $98,449 $574,116