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Note 4 - Balance Sheet Components

3 Months Ended

Mar. 30, 2024

Supplemental Balance Sheet Disclosures [Text Block]

Note 4 - Balance Sheet Components

Accounts Receivable

Accounts receivable do not bear interest and are shown net of an allowance for expected lifetime credit losses, which reflects our best estimate of probable losses inherent in the accounts receivable balance, as described in our 2023 10-K.

	*March 30,*		*December 30,*
(In thousands)	*2024*		*2023*
Accounts receivable	$	98,940	$	104,373
Less: Allowance for credit losses		—		—
Accounts receivable, net of allowance for credit losses	$	98,940	$	104,373

Inventories

	*March 30,*		*December 30,*
(In thousands)	*2024*		*2023*
Work in progress	$	67,605	$	65,396
Finished goods		27,779		33,430
Total inventories, net	$	95,384	$	98,826

Property and Equipment – Geographic Information

Our Property and equipment, net by country at the end of each period was as follows:

	*March 30,*		*December 30,*
(In thousands)	*2024*		*2023*
United States	$	31,917	$	29,467

Taiwan		9,152		10,222
Philippines		4,918		4,602
China		2,762		2,778
Other		2,641		2,477
Total foreign property and equipment, net		19,473		20,079
Total property and equipment, net	$	51,390	$	49,546

Accrued Liabilities

Included in Accrued liabilities in the Consolidated Balance Sheets are the following balances:

	*March 30,*		*December 30,*
(In thousands)	*2024*		*2023*
Liability for non-cancelable contracts	$	10,520	$	11,418
Contract liabilities		6,491		5,304
Current portion of operating lease liabilities		6,065		5,571
Foreign, VAT, and other taxes payable		4,809		6,758
Other accrued liabilities		4,164		6,997
Total accrued liabilities	$	32,049	$	36,048