XML 63 R45.htm IDEA: XBRL DOCUMENT v3.25.4
Segments and Geographic Information (Tables)
12 Months Ended
Dec. 27, 2025
Segment Reporting [Abstract]  
Operating Results by Reportable Segments
The following table provides net contribution by reportable segment and includes a reconciliation to income before income taxes (dollars in thousands):
Fiscal 2025
Probe CardsSystemsCorporate and OtherTotal
Revenues$637,898 $147,095 $— $784,993 
Cost of revenues379,398 85,542 11,202 476,142 
Gross profit258,500 61,553 (11,202)308,851 
Gross margin40.5 %41.8 %39.3 %
Research and development86,295 18,816 10,571 115,682 
Selling29,085 14,938 7,276 51,299 
Marketing6,494 7,472 4,943 18,909 
Net contribution$136,626 $20,327 $(33,992)122,961 
General and administrative62,866 
Factory start-up costs3,025 
Operating income57,070 
Interest income10,640 
Interest expense(521)
Other income (expense), net2,202 
Income before income taxes and equity investment$69,391 
Fiscal 2024
Probe CardsSystemsCorporate and OtherTotal
Revenues$625,960 $137,639 $— $763,599 
Cost of revenues366,953 78,128 10,595 455,676 
Gross profit259,007 59,511 (10,595)307,923 
Gross margin41.4 %43.2 %40.3 %
Research and development90,463 20,617 10,858 121,938 
Selling31,462 16,082 5,994 53,538 
Marketing8,775 7,184 5,120 21,079 
Net contribution$128,307 $15,628 $(32,567)111,368 
General and administrative67,169 
Gain on sale of business20,581 
Operating income64,780 
Interest income14,111 
Interest expense(418)
Other income (expense), net939 
Income before income taxes and equity investment$79,412 
Fiscal 2023
Probe CardsSystemsCorporate and OtherTotal
Revenues$497,903 $165,199 $— $663,102 
Cost of revenues312,511 80,464 11,547 404,522 
Gross profit185,392 84,735 (11,547)258,580 
Gross margin37.2 %51.3 %39.0 %
Research and development83,104 21,487 11,174 115,765 
Selling26,912 17,026 8,581 52,519 
Marketing5,983 9,367 7,273 22,623 
Net Contribution$69,393 $36,855 $(38,575)67,673 
General and administrative57,870 
Gain on sale of business72,953 
Operating income82,756 
Interest income7,217 
Interest expense(421)
Other income (expense), net(285)
Income before income taxes and equity investment$89,267 
Summary of Revenue by Geographic Region
The following table summarizes revenue, by geographic region, as a percentage of total revenues based upon ship-to location:
Fiscal Year Ended
December 27, 2025December 28, 2024December 30, 2023
South Korea30.3 %24.2 %17.8 %
Taiwan25.8 22.7 22.3 
United States19.4 24.1 25.9 
China7.4 13.5 13.8 
Japan5.5 4.4 5.5 
Singapore4.2 2.6 2.8 
Europe3.7 4.6 5.9 
Malaysia2.4 2.4 4.0 
Rest of World1.3 1.5 2.0 
Total revenues100.0 %100.0 %100.0 %
Summary of Revenue by Market
The following table summarizes revenue by market (in thousands):
 Fiscal Year Ended
 December 27, 2025December 28, 2024December 30, 2023
Foundry & Logic$369,897 $381,182 $363,539 
DRAM247,397 227,422 113,779 
Flash20,604 17,356 20,585 
Systems147,095 137,639 165,199 
Total revenues$784,993 $763,599 $663,102 
Summary of Revenue by Timing of Recognition
The following table summarizes revenue by timing of revenue recognition (in thousands):
Fiscal Year Ended
December 27, 2025December 28, 2024December 30, 2023
Probe CardsSystemsTotalProbe CardsSystemsTotalProbe CardsSystemsTotal
Products transferred at a point in time$630,955 $131,859 $762,814 $620,597 $122,181 $742,778 $494,624 $155,145 $649,769 
Services transferred over time6,943 15,236 22,179 5,363 15,458 20,821 3,279 10,054 13,333 
Total$637,898 $147,095 $784,993 $625,960 $137,639 $763,599 $497,903 $165,199 $663,102 
Long-lived Assets by Location
Long-lived assets, comprised of Operating lease, Right-of-use assets, Property, plant and equipment, net, Goodwill and Intangibles, net, reported based on the location of the asset was as follows (in thousands):
December 27, 2025December 28, 2024December 30, 2023
United States$449,966 $411,646 $414,607 
Europe48,733 21,323 23,204 
Asia-Pacific9,902 9,366 11,135 
Total$508,601 $442,335 $448,946