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Note 3 - Revenue From Contracts With Customers (Tables)
3 Months Ended
Mar. 30, 2024
Notes Tables  
Disaggregation of Revenue [Table Text Block]
   

Three Months Ended

 

Revenue by Channel

 

March 30,

   

April 1,

 

(In thousands)

 

2024

   

2023

 

Distributors

  $ 123,205       87 %   $ 161,346       88 %

Direct

    17,610       13 %     22,964       12 %

Total revenue

  $ 140,815       100 %   $ 184,310       100 %
                                 

Revenue by Geographical Market

                               

(In thousands)

                               

China

    56,872       40 %     55,722       30 %

Japan

    24,988       18 %     30,017       16 %

Other Asia

    10,568       8 %     20,016       11 %

Asia

    92,428       66 %     105,755       57 %

Americas

    31,980       22 %     41,903       23 %

Europe

    16,407       12 %     36,652       20 %

Total revenue

  $ 140,815       100 %   $ 184,310       100 %
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

(In thousands)

       

Contract assets as of December 30, 2023

  $ 11,194  

Revenues recorded during the period

    3,947  

Transferred to Accounts receivable or collected

    (418 )

Contract assets as of March 30, 2024

  $ 14,723  

(In thousands)

       

Contract liabilities as of December 30, 2023

  $ 5,304  

Accruals for estimated future stock rotation and scrap returns

    4,551  

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

    (3,364 )

Contract liabilities as of March 30, 2024

  $ 6,491