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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 328,941 $ 346,460
Short-term investments 6,378 6,858
Accounts receivable, net of allowance for doubtful accounts of $1,081 as of June 27, 2021 and December 31, 2020 290,598 337,052
Inventories 251,764 172,112
Prepaid expenses and other current assets 34,110 30,696
Total current assets 911,791 893,178
Property and equipment, net 14,217 16,080
Operating lease right-of-use assets, net 25,798 29,411
Intangibles, net 2,184 3,899
Goodwill 80,721 80,721
Other non-current assets 77,496 82,750
Total assets 1,112,207 1,106,039
Current liabilities:    
Accounts payable 70,381 90,902
Accrued employee compensation 32,729 35,020
Other accrued liabilities 222,903 218,375
Deferred revenue 15,620 13,458
Income taxes payable 1,719 7,318
Total current liabilities 343,352 365,073
Non-current income taxes payable 20,370 19,174
Non-current operating lease liabilities 21,887 25,512
Other non-current liabilities 3,598 6,896
Total liabilities 389,207 416,655
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock 31 30
Additional paid-in capital 906,327 882,709
Accumulated other comprehensive income (loss) 82 (35)
Accumulated deficit (183,440) (193,320)
Total stockholders’ equity 723,000 689,384
Total liabilities and stockholders’ equity $ 1,112,207 $ 1,106,039