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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Cash flows from operating activities:    
Net income (loss) $ (71,023) $ 4,040
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation of property, plant, and equipment 4,312 2,759
Non-cash operating lease expense 1,866 1,599
Impairment of fixed assets and operating lease right-of-use assets 14,593  
Accretion/Amortization of investments available for sale (139) (286)
Deferred income taxes (10,624) 60
Change in net pension liability (2) (146)
Loss on disposal of property and equipment   26
Stock-based compensation expense 13,817 15,381
Change in asset retirement obligation   20
Provision for sales returns and credit losses (1,818) 1,079
Inventory provision 2,499 1,024
Changes in working capital:    
Accounts receivable 43,859 436
Inventories (11,205) (4,871)
Prepayments, deposits, and other assets (6,264) (7,085)
Accounts payable (5,424) 3,618
Other current and non-current liabilities (7,430) (6,387)
Net cash provided by (used in) operating activities (32,983) 11,267
Cash flows from investing activities:    
Acquisition of property and equipment (3,260) (11,438)
Purchase of investments available for sale (14,691) (20,249)
Proceeds from maturity of investments available for sale 77,560 26,356
Proceeds from Sale of Debt Securities, Available-for-Sale 862 850
Net cash provided by (used in) investing activities 60,471 (4,481)
Cash flows from financing activities:    
Repayment of finance lease obligations (42) (82)
Repurchase of common stock (4,479)  
Repurchase of employee common stock for taxes withheld (1,356) (1,396)
Proceeds from the exercise of stock options 387 5,695
Proceeds from vested restricted and performance stock units 2 2
Net cash provided by (used in) financing activities (5,488) 4,219
Effect of exchange rate changes on cash and cash equivalents 972 (1,267)
Increase in cash and cash equivalents 22,972 9,738
Cash and cash equivalents, at beginning of the year 144,159 183,038
Cash and cash equivalents, at end of the period $ 167,131 $ 192,776