Income Taxes (Tables)

12 Months Ended

Dec. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of income from continuing operations before tax

Income (loss) before tax was as follows:

	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
United States	$	(58,245)	$	(69,040)	$	(353)
Foreign	40,191		37,962		75,683
Income (loss) before tax	$	(18,054)	$	(31,078)	$	75,330

Schedule of significant components of income tax expense (benefit) from continuing operations

Significant components of income tax expense consist of the following:

	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
Current:
Federal	$	(115)	$	(56)	$	1,605
State	585		16		912
Foreign	3,078		2,633		3,224
Total current tax expense	3,548		2,593		5,741
Deferred:
Federal	326		8,471		(2,604)
State	62		1,529		(45)
Foreign	(1,170)		(686)		(566)
Total deferred tax expense (benefit)	(782)		9,314		(3,215)
Income tax expense	$	2,766	$	11,907	$	2,526

Summary of reconciliation of income tax computed at U.S. federal statutory tax rates to income tax expense (benefit) from continuing operations

The reconciliation of income tax computed at the U.S. federal statutory tax rates to income tax expense consist of the following:

	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
Effective rate reconciliation:
U.S. federal tax expense	$	(3,791)	$	(6,527)	$	15,819
State income taxes, net	(781)		(1,713)		752
Permanent items	1,508		928		248
Foreign rate differential	(745)		(1,190)		(2,595)
Tax holiday	(7,078)		(4,962)		(11,676)
Credits	(1,683)		(1,661)		(1,882)
Tax contingencies	475		(331)		462
Share-based compensation	(441)		(122)		166
Withholding tax	815		717		1,170
Other, net	244		(763)		112
Valuation allowance	14,243		27,531		(50)
Income tax expense	$	2,766	$	11,907	$	2,526

Schedule of deferred income tax assets and liabilities from continuing operations

Deferred income tax assets and liabilities consist of the following:

	December 27, 2024		December 29, 2023
Deferred tax assets:
Inventory	$	8,701	$	7,962
Share-based compensation	3,103		3,563
Accrued payroll	1,580		1,306
Net operating loss carryforwards	16,817		8,092
Tax credits	6,678		4,987
Interest carryforwards	6,298		4,099
Capitalized research expenses	9,838		7,096
Intercompany interest	2,906		2,758
Operating lease liabilities	11,140		9,379
Other assets	534		663
Deferred tax assets	67,595		49,905
Valuation allowance	(42,281)		(28,038)
Total deferred tax assets	25,314		21,867
Deferred tax liabilities:
Intangible assets	(5,438)		(3,631)
Property, plant and equipment	(5,851)		(6,743)
Operating lease right-of-use assets	(10,890)		(9,149)
Other liabilities	(374)		(365)
Total deferred tax liabilities	(22,553)		(19,888)
Net deferred tax asset	$	2,761	$	1,979

Summarizes activity related to company's unrecognized tax benefits

The following table summarizes the activity related to our unrecognized tax benefits:

	Unrecognized tax benefits
Balance at December 31, 2021	$	2,995
Increase related to current year tax positions	689
Decrease in tax positions related to lapse of statute of limitations	(89)
Balance at December 30, 2022	3,595
Increase related to current year tax positions	488
Decrease in tax positions related to lapse of statute of limitations	(10)
Decrease in tax positions related to settlements	(916)
Balance at December 29, 2023	3,157
Increase related to current year tax positions	435
Decrease in tax positions related to lapse of statute of limitations	(336)
Balance at December 27, 2024	$	3,256