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Stockholders' Equity (Tables)
3 Months Ended
Mar. 30, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income (loss)

The following tables set forth the changes in accumulated other comprehensive income (loss) (“AOCI”) by component:

 

(In thousands)

 

Unrealized gains (losses)
on available
-for-sale
investments

 

 

Unrealized
gains (losses)
on derivatives

 

 

Estimated tax benefit (provision)

 

 

Total

 

Balance as of December 31, 2024

 

$

169

 

 

$

79

 

 

$

(7

)

 

$

241

 

Other comprehensive income (loss) before reclassifications

 

 

(78

)

 

 

(662

)

 

 

115

 

 

 

(625

)

Less: Amount reclassified from accumulated other comprehensive (loss) income

 

 

 

 

 

(382

)

 

 

80

 

 

 

(302

)

Net current period other comprehensive income (loss)

 

 

(78

)

 

 

(280

)

 

 

35

 

 

 

(323

)

Balance as of March 30, 2025

 

$

91

 

 

$

(201

)

 

$

28

 

 

$

(82

)

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

Unrealized gains (losses)
on available
-for-sale
investments

 

 

Unrealized
gains (losses)
on derivatives

 

 

Estimated tax
benefit (provision)

 

 

Total

 

Balance as of December 31, 2023

 

$

126

 

 

$

7

 

 

$

3

 

 

$

136

 

Other comprehensive income (loss) before reclassifications

 

 

(166

)

 

 

(5

)

 

 

6

 

 

 

(165

)

Less: Amount reclassified from accumulated other comprehensive income (loss)

 

 

 

 

 

(63

)

 

 

13

 

 

 

(50

)

Net current period other comprehensive income (loss)

 

 

(166

)

 

 

58

 

 

 

(7

)

 

 

(115

)

Balance as of March 31, 2024

 

$

(40

)

 

$

65

 

 

$

(4

)

 

$

21

 

Schedule of Reclassification out of AOCI

The following table provides details about significant amounts reclassified out of each component of AOCI:

 

 

 

Three Months Ended

 

(In thousands)

 

March 30, 2025

 

 

March 31, 2024

 

Amount Reclassified from AOCI

 

 

 

 

 

 

Gains (losses) on cash flow hedge:

 

Foreign currency forward contracts

 

 

 

 

 

 

Affected line item in the statement of operations

 

 

 

 

 

 

Net revenue

 

$

(522

)

 

$

(79

)

Cost of revenue

 

 

 

 

 

 

Research and development

 

 

32

 

 

 

(1

)

Sales and marketing

 

 

79

 

 

 

9

 

General and administrative

 

 

29

 

 

 

8

 

Total before tax

 

 

(382

)

 

 

(63

)

Tax impact

 

 

80

 

 

 

13

 

Total, net of tax

 

$

(302

)

 

$

(50

)