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Revenue (Tables)
6 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

The following table represents a disaggregation of revenue by timing of revenue:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 28,

 

 

June 29,

 

 

June 28,

 

 

June 29,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

(in thousands)

 

Point-in-time

$

237,414

 

 

$

227,733

 

 

$

486,693

 

 

$

441,582

 

Over-time

 

16,183

 

 

 

14,594

 

 

 

33,511

 

 

 

29,590

 

Total revenue

$

253,597

 

 

$

242,327

 

 

$

520,204

 

 

$

471,172

 

Schedule of Changes in Deferred Revenue

Changes in deferred revenue were as follows:

 

Three Months Ended

 

 

Six Months Ended

 

June 28,

 

 

June 29,

 

 

June 28,

 

 

June 29,

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

(in thousands)

 

Balance, beginning of the period

$

43,599

 

 

$

28,879

 

 

$

37,836

 

 

$

27,225

 

Deferral of revenue

 

22,635

 

 

 

17,373

 

 

 

51,616

 

 

 

34,675

 

Recognition of current year deferred revenue

 

(14,956

)

 

 

(10,718

)

 

 

(29,187

)

 

 

(20,243

)

Recognition of prior period deferred revenue

 

(7,733

)

 

 

(4,253

)

 

 

(16,720

)

 

 

(10,376

)

Balance, end of the period

$

43,545

 

 

$

31,281

 

 

$

43,545

 

 

$

31,281