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Balance Sheet Components (Tables) | 9 Months Ended
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Sep. 29, 2024
Balance Sheet Related Disclosures [Abstract] |
Schedule of Amortized Cost and Estimated Fair Market Value of Investments Classified as Available-for-Sale Excluding Cash Equivalents | Amortized cost and estimated fair market value of investments classified as available-for-sale, excluding cash equivalents, as of September 29, 2024 and December 31, 2023, were as follows:
|  | September 29, 2024 |
(In thousands) |  | Amortized Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Estimated Fair Value |
U.S. treasury securities |  | $ | 118,733 |  |  | $ | 361 |  |  | $ | — |  |  | $ | 119,094 |
Total |  | $ | 118,733 |  |  | $ | 361 |  |  | $ | — |  |  | $ | 119,094 |
|  | December 31, 2023 |
(In thousands) |  | Amortized Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Estimated Fair Value |
U.S. treasury securities |  | $ | 98,326 |  |  | $ | 128 |  |  | $ | — |  |  | $ | 98,454 |
Convertible debt |  |  | 173 |  |  |  | — |  |  |  | — |  |  |  | 173 |
Total |  | $ | 98,499 |  |  | $ | 128 |  |  | $ | — |  |  | $ | 98,627 |
Schedule of Inventories | Inventories
(In thousands) |  | September 29, 2024 |  |  | December 31, 2023 |
Raw materials |  | $ | 16,839 |  |  | $ | 19,955 |
Finished goods |  |  | 145,137 |  |  |  | 228,896 |
Total |  | $ | 161,976 |  |  | $ | 248,851 |
Schedule of Property and Equipment, Net | Property and equipment, net
(In thousands) |  | September 29, 2024 |  |  | December 31, 2023 |
Machinery and equipment |  | $ | 52,515 |  |  | $ | 47,826 |
Furniture, fixtures, and leasehold improvements |  |  | 19,705 |  |  |  | 18,205 |
Software |  |  | 24,405 |  |  |  | 25,760 |
Computer equipment |  |  | 5,355 |  |  |  | 5,458 |
Total property and equipment, gross |  |  | 101,980 |  |  |  | 97,249 |
Accumulated depreciation |  |  | (91,340 | ) |  |  | (88,976 | )
Total |  | $ | 10,640 |  |  | $ | 8,273 |
Schedule of Other Non-Current Assets | Other non-current assets
(In thousands) |  | September 29, 2024 |  |  | December 31, 2023 |
Non-current deferred income taxes |  | $ | 3,120 |  |  | $ | 3,343 |
Long-term investments |  |  | 8,492 |  |  |  | 8,367 |
Other |  |  | 4,011 |  |  |  | 5,616 |
Total |  | $ | 15,623 |  |  | $ | 17,326 |
Schedule of Changes in Carrying Value of Long-term Equity Investments | Long-term equity investments The Company’s long-term investments are comprised of equity investments without readily determinable fair values, investments in convertible debt securities and investments in limited partnership funds. The changes in the carrying value of equity investments without readily determinable fair values were as follows:
| Nine months ended |  |
(In thousands) | September 29, 2024 |  |  | October 1, 2023 |  |
Carrying value as of the beginning of the period (1) | $ | 6,053 |  |  | $ | 6,053 |  |
Carrying value as of the end of the period (1) | $ | 6,053 |  |  | $ | 6,053 |  |
(1) The balances excluded an investment in limited partnership funds of $2.4 million as of September 29, 2024, $2.2 million as of October 1, 2023, $2.3 million as of December 31, 2023, and $1.7 million as of December 31, 2022. Additionally, the balance excluded an investment in convertible debt securities of $0.2 million as of December 31, 2022.
Schedule of Other Accrued Liabilities | Other accrued liabilities
(In thousands) |  | September 29, 2024 |  |  | December 31, 2023 |
Current operating lease liabilities |  | $ | 11,531 |  |  | $ | 11,869 |
Sales and marketing |  |  | 67,055 |  |  |  | 75,535 |
Warranty obligations |  |  | 4,785 |  |  |  | 5,738 |
Sales returns(1) |  |  | 31,860 |  |  |  | 34,824 |
Freight and duty |  |  | 4,397 |  |  |  | 2,837 |
Other |  |  | 35,565 |  |  |  | 37,281 |
Total |  | $ | 155,193 |  |  | $ | 168,084 |
(1) Inventory expected to be received from future sales returns amounted to $15.2 million and $16.9 million as of September 29, 2024 and December 31, 2023, respectively. Provisions to write down expected returned inventory to net realizable value amounted to $8.7 million and $9.7 million as of September 29, 2024 and December 31, 2023, respectively.

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