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Equity (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of Changes in Stockholders' Equity
The changes in stockholders’ equity by component for the three and nine months ended September 30, 2023 and October 1, 2022, are as follows (in thousands):
 
    
Three Months Ended September 30, 2023
 
    
Common
Stock and
Additional
Paid-in

Capital
   
Treasury
Stock
   
Accumulated
Other
Comprehensive
Income (Loss)
   
Accumulated
Deficit
   
Total
Stockholders’
Equity
 
                                
Balance at July 1, 2023
   $ 208,698     $ (29,551   $ (190   $ (61,954   $ 117,003  
Common stock issued under employee plans
     527       —        —        —        527  
Shares withheld for net share settlement of RSUs
     (120     —        —        —        (120
Equity-based compensation expense
     317       —        —        —        317  
Net loss
     —        —        —        (1,576     (1,576
Other comprehensive income
     —        —        86       —        86  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance at September 30, 2023
   $ 209,422     $ (29,551   $ (104   $ (63,530   $ 116,237  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
    
Nine Months Ended September 30, 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
     1,331       —        —        —        1,331  
Shares withheld for net share settlement of RSUs
     (1,683     —        —        —        (1,683
Equity-based compensation expense
     3,393       —        —        —        3,393  
Net loss
     —        —        —        (10,345     (10,345
Other comprehensive income
     —        —        89       —        89  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance at September 30, 2023
   $ 209,422     $ (29,551   $ (104   $ (63,530   $ 116,237  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
    
Three Months Ended October 1, 2022
 
    
Common
Stock and
Additional
Paid-in

Capital
   
Treasury
Stock
   
Accumulated
Other
Comprehensive
Loss
   
Accumulated
Deficit
   
Total
Stockholders’
Equity
 
                                
Balance at July 2, 2022
   $ 201,503     $ (29,551   $ (9   $ (46,783   $ 125,160  
Common stock issued under employee plans
     687       —        —        —        687  
Shares withheld for net share settlement of RSUs
     (63     —        —        —        (63
Equity-based compensation expense
     2,209       —        —        —        2,209  
Net loss
     —        —        —        (3,236     (3,236
Other comprehensive loss
     —        —        (458     —        (458
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance at October 1, 2022
   $ 204,336     $ (29,551   $ (467   $ (50,019   $ 124,299  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
 
    
Nine Months Ended October 1, 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
     2,898       —        —        —        2,898  
Shares withheld for net share settlement of RSUs
     (358     —        —        —        (358
Equity-based compensation expense
     2,698       —        —        —        2,698  
Net loss
     —        —        —        (13,909     (13,909
Other comprehensive loss
     —        —        (1,045     —        (1,045
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Balance at October 1, 2022
   $ 204,336     $ (29,551   $ (467   $ (50,019   $ 124,299  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Changes in Accumulated Other Comprehensive Income by Component
The changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2023 and October 1, 2022, are as follows.
 
    
Three Months Ended
   
Nine Months Ended
 
                                      
    
September 30, 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
   $ 72     $ (262   $ (190   $ 291     $ (484   $ (193
Other comprehensive income (loss) before reclassification
     (15     101       86       (234     323       89  
Amounts reclassified from other comprehensive income (loss)
     —        —        —        —        —        —   
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Net current-period other comprehensive income (loss)
     (15     101       86       (234     323       89  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Ending balance
   $ 57     $ (161   $ (104   $ 57     $ (161   $ (104
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
    
Three Months Ended
   
Nine Months Ended
 
                                      
    
October 1, 2022
 
    
Foreign
currency
   
Unrealized
holding losses on
available-for-sale

investments
   
Total
   
Foreign
currency
   
Unrealized
holding losses on
available-for-sale

investments
   
Total
 
                                      
    
(In thousands)
 
Beginning balance
   $ 356     $ (365   $ (9   $ 608     $ (30   $ 578  
Other comprehensive loss before reclassification
     (247     (225     (472     (499     (560     (1,059
Amounts reclassified from other comprehensive loss
     14       —        14       14       —        14  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Net current-period other comprehensive loss
     (233     (225     (458     (485     (560     (1,045
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Ending balance
   $ 123     $ (590   $ (467   $ 123     $ (590   $ (467