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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 03, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 283,267 $ 346,460
Short-term investments 8,928 6,858
Accounts receivable, net of allowance for doubtful accounts of $1,080 and $1,081 as of October 3, 2021 and December 31, 2020, respectively 266,526 337,052
Inventories 305,129 172,112
Prepaid expenses and other current assets 36,150 30,696
Total current assets 900,000 893,178
Property and equipment, net 14,729 16,080
Operating lease right-of-use assets, net 25,157 29,411
Intangibles, net 1,992 3,899
Goodwill 80,721 80,721
Other non-current assets 76,486 82,750
Total assets 1,099,085 1,106,039
Current liabilities:    
Accounts payable 75,113 90,902
Accrued employee compensation 22,365 35,020
Other accrued liabilities 230,176 218,375
Deferred revenue 15,732 13,458
Income taxes payable 1,785 7,318
Total current liabilities 345,171 365,073
Non-current income taxes payable 20,740 19,174
Non-current operating lease liabilities 20,633 25,512
Other non-current liabilities 3,685 6,896
Total liabilities 390,229 416,655
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock 30 30
Additional paid-in capital 916,678 882,709
Accumulated other comprehensive income (loss) 11 (35)
Accumulated deficit (207,863) (193,320)
Total stockholders’ equity 708,856 689,384
Total liabilities and stockholders’ equity $ 1,099,085 $ 1,106,039