XML 18 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Cash flows from operating activities:    
Net income $ 21,817 $ 5,022
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,357 8,880
Stock-based compensation expense 28,072 20,373
Change in deferred income tax provision 3,508 822
Amortization of right-of-use assets 1,867 1,909
Other non-cash adjustments 89 103
Changes in assets and liabilities:    
Accounts receivable, net (15,829) (3,485)
Inventories, net 971 8,520
Prepaid expenses and other assets (949) 13,196
Accounts payable 2,246 (4,494)
Accrued liabilities 5,577 (15,085)
Accrued payroll obligations (4,094) (1,801)
Operating lease liabilities, current and long-term portions (2,377) (2,068)
Net cash provided by (used in) operating activities 50,255 31,892
Cash flows from investing activities:    
Capital expenditures (10,533) (8,616)
Cash paid for software and intellectual property licenses (4,891) (3,462)
Net cash provided by (used in) investing activities (15,424) (12,078)
Cash flows from financing activities:    
Restricted stock unit tax withholdings (13,776) (6,011)
Proceeds from issuance of common stock 0 2,232
Repurchase of common stock (15,000) (25,000)
Net cash provided by (used in) financing activities (28,776) (28,779)
Net increase (decrease) in cash and cash equivalents 6,070 (8,727)
Beginning cash and cash equivalents 133,886 136,291
Ending cash and cash equivalents 139,956 127,564
Effect of exchange rate change on cash 15 238
Supplemental disclosure of cash flow information and non-cash investing and financing activities:    
Income taxes paid, net of refunds 1,719 1,440
Operating lease payments 2,621 2,403
Accrued purchases of plant and equipment 1,508 1,322
Operating lease right-of-use assets obtained in exchange for lease obligations $ 170 $ 8,611