XML 14 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (12,462) $ (63,825)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,291 3,048
Stock-based compensation 12,171 10,432
Gain on investments, net (995) (1,985)
Deferred income taxes (99) 542
Provision for excess and obsolete inventory 2,179 2,954
Changes in assets and liabilities:    
Accounts receivable, net 11,339 37,991
Inventories 3,055 56,961
Prepaid expenses and other assets (2,166) 3,866
Accounts payable 273 (6,620)
Accrued employee compensation 3,939 2,680
Other accrued liabilities (19,802) (7,641)
Deferred revenue (1,583) 2,222
Income taxes payable (9,660) (4,990)
Net cash provided by (used in) operating activities (10,520) 35,635
Cash flows from investing activities:    
Purchases of short-term investments (59,683) (67,998)
Proceeds from maturities of short-term investments 60,000 60,000
Purchases of property and equipment (4,927) (4,817)
Purchases of long-term investments (105) (90)
Payments made in connection with business acquisitions, net of cash acquired (12,185)  
Net cash used in investing activities (16,900) (12,905)
Cash flows from financing activities:    
Repurchases of common stock (15,662) (21,444)
Restricted stock unit withholdings (9,697) (2,885)
Proceeds from exercise of stock options 5,266 0
Proceeds from issuance of common stock under employee stock purchase plan 2,089 1,986
Net cash used in financing activities (18,004) (22,343)
Net increase (decrease) in cash and cash equivalents (45,424) 387
Cash and cash equivalents, at beginning of period 286,444 176,717
Cash and cash equivalents, at end of period 241,020 177,104
Non-cash investing and financing activities:    
Unpaid property and equipment $ 2,863 $ 1,630