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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Revenue $ 523,262 $ 509,401 $ 737,154
Cost of revenue 166,319 169,001 222,484
Gross margin 356,943 340,400 514,670
Operating expenses:      
Research and development 187,983 159,302 159,770
Selling, general, and administrative 153,632 116,942 137,244
Amortization of acquired intangible assets 52 3,479 3,478
Restructuring Charges and Other Miscellaneous Costs 4,044 12,291 1,908
Impairment of Intangible Assets, Finite-Lived 0 13,929 0
Total operating expenses 345,711 305,943 302,400
Income (loss) from operations 11,232 34,457 212,270
Interest income (expense), net 2,896 3,948 2,041
Other income (expense), net (751) (2,176) 545
Income (loss) before income taxes 13,377 36,229 214,856
Income tax expense (benefit) 10,293 (24,902) (44,205)
Net income $ 3,084 $ 61,131 $ 259,061
Net income per share:      
Basic (in dollars per share) $ 0.02 $ 0.44 $ 1.88
Diluted (in dollars per share) $ 0.02 $ 0.44 $ 1.85
Shares used in per share calculations:      
Basic (in shares) 137,091 137,623 137,694
Diluted (in shares) 138,238 138,322 139,790