Equity (Tables)

6 Months Ended

Jul. 01, 2023

Schedule of Changes in Stockholders' Equity

The changes in stockholders’ equity by component for the three and six months ended July 1, 2023 and July 2, 2022, are as follows (in thousands):


	Three Months Ended July 1, 2023
	Common Stock and Additional Paid-in Capital			Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Accumulated Deficit			Total Stockholders’ Equity

Balance at April 1, 2023	$	207,489		$	(29,551	)	$	(14	)	$	(57,076	)	$	120,848
Common stock issued under employee plans		3			—			—			—			3
Shares withheld for net share settlement of RSUs		(289	)		—			—			—			(289	)
Equity-based compensation expense		1,495			—			—			—			1,495
Net loss		—			—			—			(4,878	)		(4,878	)
Other comprehensive loss		—			—			(176	)		—			(176	)

Balance at July 1, 2023	$	208,698		$	(29,551	)	$	(190	)	$	(61,954	)	$	117,003


	Six Months Ended July 1, 2023
	Common Stock and Additional Paid-in Capital			Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Accumulated Deficit			Total Stockholders’ Equity

Balance at December 31, 2022	$	206,381		$	(29,551	)	$	(193	)	$	(53,185	)	$	123,452
Common stock issued under employee plans		804			—			—			—			804
Shares withheld for net share settlement of RSUs		(1,563	)		—			—			—			(1,563	)
Equity-based compensation expense		3,076			—			—			—			3,076
Net loss		—			—			—			(8,769	)		(8,769	)
Other comprehensive loss		—			—			3			—			3

Balance at July 1, 2023	$	208,698		$	(29,551	)	$	(190	)	$	(61,954	)	$	117,003


	Three Months Ended July 2, 2022
	Common Stock and Additional Paid-in Capital			Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Accumulated Deficit			Total Stockholders’ Equity
Balance at April 2, 2022	$	198,960		$	(29,551	)	$	371		$	(43,965	)	$	125,815
Common stock issued under employee plans		1,178			—			—			—			1,178
Shares withheld for net share settlement of RSUs		(160	)		—			—			—			(160	)
Equity-based compensation expense		1,525			—			—			—			1,525
Net loss		—			—			—			(2,818	)		(2,818	)
Other comprehensive loss		—			—			(380	)		—			(380	)

Balance at July 2, 2022	$	201,503		$	(29,551	)	$	(9	)	$	(46,783	)	$	125,160


	Six Months Ended July 2, 2022
	Common Stock and Additional Paid-in Capital			Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Accumulated Deficit			Total Stockholders’ Equity
Balance at January 1, 2022	$	199,098		$	(29,551	)	$	578		$	(36,110	)	$	134,015
Common stock issued under employee plans		2,211			—			—			—			2,211
Shares withheld for net share settlement of RSUs		(295	)		—			—			—			(295	)
Equity-based compensation expense		489			—			—			—			489
Net loss		—			—			—			(10,673	)		(10,673	)
Other comprehensive loss		—			—			(587	)		—			(587	)

Balance at July 2, 2022	$	201,503		$	(29,551	)	$	(9	)	$	(46,783	)	$	125,160

Changes in Accumulated Other Comprehensive Income by Component

The changes in accumulated other comprehensive income (loss) by component for the three and six months ended July 1, 2023 and July 2, 2022, are as follows.


	Three Months Ended									Six Months Ended

	July 1, 2023
	Foreign currency			Unrealized holding gains (losses) on available- for-sale investments			Total			Foreign currency			Unrealized holding gains (losses) on available- for-sale investments			Total

	(In thousands)
Beginning balance	$	301		$	(315	)	$	(14	)	$	291		$	(484	)	$	(193	)
Other comprehensive income (loss) before reclassification		(229	)		53			(176	)		(219	)		222			3
Amounts reclassified from other comprehensive income (loss)		—			—			—			—			—			—

Net current-period other comprehensive income (loss)		(229	)		53			(176	)		(219	)		222			3

Ending balance	$	72		$	(262	)	$	(190	)	$	72		$	(262	)	$	(190	)


	Three Months Ended									Six Months Ended

	July 2, 2022
	Foreign currency			Unrealized holding gains (losses) on available- for-sale investments			Total			Foreign currency			Unrealized holding gains (losses) on available- for-sale investments			Total

	(In thousands)
Beginning balance	$	575		$	(204	)	$	371		$	608		$	(30	)	$	578
Other comprehensive loss before reclassification		(219	)		(161	)		(380	)		(252	)		(335	)		(587	)
Amounts reclassified from other comprehensive loss		—			—			—			—			—			—

Net current-period other comprehensive loss		(219	)		(161	)		(380	)		(252	)		(335	)		(587	)

Ending balance	$	356		$	(365	)	$	(9	)	$	356		$	(365	)	$	(9	)