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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 30, 2025
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Stock Option Activity

Stock option activity was as follows:

 

(In thousands, except per share amounts)

 

Number of
Shares

 

 

Weighted Average Exercise Price Per Share

 

 

Outstanding as of December 31, 2024

 

 

475

 

 

$

32.60

 

 

Exercised

 

 

(173

)

 

$

26.61

 

 

Expired

 

 

(114

)

 

$

41.67

 

 

Outstanding as of March 30, 2025

 

 

188

 

 

$

32.58

 

 

Schedule of Time-Based RSU Activity

Time-based RSU activity was as follows:

 

(In thousands, except per share amounts)

 

Number
of Shares

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2024

 

 

2,550

 

 

$

17.64

 

Granted

 

 

51

 

 

$

26.65

 

Vested

 

 

(156

)

 

$

16.11

 

Cancelled

 

 

(102

)

 

$

18.17

 

Outstanding as of March 30, 2025

 

 

2,343

 

 

$

17.91

 

Schedule of PSU Activity

PSU activity was as follows:

(In thousands, except per share amounts)

 

Number
of Shares

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2024

 

 

655

 

 

$

20.93

 

Granted

 

 

76

 

 

$

20.71

 

Vested

 

 

(232

)

 

$

20.74

 

Cancelled

 

 

(3

)

 

$

22.37

 

Outstanding as of March 30, 2025

 

 

496

 

 

$

20.98

 

Schedule of Total Stock-Based Compensation Expense Resulting from Stock Options, RSUs, Time-Based and Performance-Based and the ESPP

Valuation and Expense Information

 

The following table sets forth the stock-based compensation expense resulting from stock options, RSUs (time-based and performance-based) and the ESPP included in the Company’s unaudited condensed consolidated statements of operations:

 

 

 

Three Months Ended

 

(In thousands)

 

March 30, 2025

 

 

March 31, 2024

 

Cost of revenue

 

$

422

 

 

$

365

 

Research and development

 

 

592

 

 

 

698

 

Sales and marketing

 

 

1,313

 

 

 

1,237

 

General and administrative

 

 

3,169

 

 

 

2,244

 

Total

 

$

5,496

 

 

$

4,544