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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ (3,339) $ 2,710
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation of property, plant, and equipment 1,237 1,113
Amortization of intangibles   7
Accretion/Amortization of investments available for sale (120) (983)
Deferred income taxes 61 57
Change in net pension liability (93) (13)
Stock-based compensation expense 6,339 6,065
Provision for sales returns and bad debts 128 (377)
Inventory provision 646 614
Changes in working capital:    
Accounts receivable 29,837 (1,110)
Inventories (4,002) (3,920)
Prepayments, deposits, and other assets (5,485) (4,249)
Accounts payable 1,519 (3,168)
Other current liabilities (5,048) (1,840)
Net cash provided by (used in) operating activities 21,680 (5,094)
Cash flows from investing activities:    
Acquisition of property and equipment (5,202) (2,901)
Purchase of investments available for sale   (27,445)
Proceeds from sale or maturity of investments available for sale 21,389 40,279
Net cash provided by investing activities 16,187 9,933
Cash flows from financing activities:    
Repayment of finance lease obligations (40) (42)
Repurchase of employee common stock for taxes withheld (1,229) (1,849)
Proceeds from the exercise of stock options 5,324 529
Proceeds from vested restricted and performance stock units 1 1
Net cash provided by (used in) financing activities 4,056 (1,361)
Effect of exchange rate changes on cash and cash equivalents (937) 10
Increase in cash and cash equivalents 40,986 3,488
Cash and cash equivalents, at beginning of the period 183,038 86,480
Cash and cash equivalents, at end of the period $ 224,024 $ 89,968