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Note 3 - Revenue From Contracts With Customers (Tables)
3 Months Ended
Apr. 01, 2023
Notes Tables  
Disaggregation of Revenue [Table Text Block]
  

Three Months Ended

 

Revenue by Channel

 

April 1,

  

April 2,

 

(In thousands)

 

2023

  

2022

 

Distributors

 $161,346   88% $135,413   90%

Direct

  22,964   12%  15,102   10%

Total revenue

 $184,310   100% $150,515   100%
                 

Revenue by Geographical Market

                

(In thousands)

                

China

  55,722   30%  75,431   50%

Japan

  30,017   16%  18,903   13%

Other Asia

  20,016   11%  14,418   9%

Asia

  105,755   57%  108,752   72%

Americas

  41,903   23%  21,540   15%

Europe

  36,652   20%  20,223   13%

Total revenue

 $184,310   100% $150,515   100%
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

(In thousands)

    

Contract assets as of December 31, 2022

 $7,347 

Revenues recorded during the period

  2,993 

Transferred to Accounts receivable or collected

  (3,324)

Contract assets as of April 1, 2023

 $7,016 

(In thousands)

    

Contract liabilities as of December 31, 2022

 $17,666 

Less: Product shipments from prepaid customer deposit

  (11,507)

Accruals for estimated future stock rotation and scrap returns

  1,611 

Less: Release of accruals for recognized stock rotation and scrap returns

  (1,705)

Contract liabilities as of April 1, 2023

 $6,065