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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 281,607 $ 227,504
Short-term investments 100,554 211,720
Accounts receivable, net 54,479 29,295
Inventories 105,639 194,295
Prepaid expenses and other current assets 59,754 75,117
Total current assets 602,033 737,931
Property and equipment, net 132,136 145,890
Goodwill 376,389 376,389
Other intangible assets, net 36,499 59,533
Other assets, net 75,617 123,313
Total assets 1,222,674 1,443,056
Current liabilities:    
Accounts payable 42,448 57,498
Revolving line of credit 0 45,000
Deferred revenue and returns liability 3,073 2,117
Other current liabilities 52,362 58,955
Total current liabilities 97,883 163,570
Other non-current liabilities 44,770 70,804
Total liabilities 142,653 234,374
Commitments and contingencies
Stockholders’ equity:    
Preferred stock – $0.0001 par value; 10,000 shares authorized; no shares issued 0 0
Common stock – $0.0001 par value; 250,000 shares authorized; 32,458 and 31,897 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively 3 3
Additional paid-in capital 78,227 16,973
Retained earnings 1,001,721 1,192,731
Accumulated other comprehensive income (loss) 70 (1,025)
Total stockholders’ equity 1,080,021 1,208,682
Total liabilities and stockholders’ equity $ 1,222,674 $ 1,443,056