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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 765,911 $ 1,074,623
Short-term investments 1,167,807 964,582
Accounts receivable, net 79,233 98,313
Inventories 55,515 49,307
Prepaid expenses and other current assets 54,932 51,748
Total current assets 2,123,398 2,238,573
Property and equipment, net 147,940 146,516
Goodwill 376,389 376,389
Other intangible assets, net 108,627 118,978
Other assets, net 87,408 77,839
Total assets 2,843,762 2,958,295
Current liabilities:    
Accounts payable 64,388 47,327
Current portion of convertible debt, net   450,599
Deferred revenue and returns liability 21,640 13,849
Other current liabilities 160,180 157,052
Total current liabilities 246,208 668,827
Convertible debt, net 528,086  
Other non-current liabilities 61,813 77,044
Total liabilities 836,107 745,871
Commitments and contingencies
Stockholders' equity:    
Preferred stock - $0.0001 par value; 10,000 shares authorized; no shares issued
Common stock - $0.0001 par value; 250,000 shares authorized; 37,204 and 38,481 shares issued and outstanding at April 2, 2022 and January 1, 2022, respectively 4 4
Retained earnings 2,018,117 2,214,839
Accumulated other comprehensive loss (10,466) (2,419)
Total stockholders' equity 2,007,655 2,212,424
Total liabilities and stockholders' equity $ 2,843,762 $ 2,958,295