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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 234,813 $ 499,915
Short-term investments 271,063 692,024
Accounts receivable, net 98,256 71,437
Inventories 145,523 100,417
Prepaid expenses and other current assets 71,322 97,570
Total current assets 820,977 1,461,363
Property and equipment, net 152,358 152,016
Goodwill 376,389 376,389
Other intangible assets, net 72,003 84,907
Other assets, net 97,072 94,753
Total assets 1,518,799 2,169,428
Current liabilities:    
Accounts payable 55,102 89,860
Revolving line of credit 80,000  
Deferred revenue and returns liability 11,105 6,780
Other current liabilities 72,339 89,136
Total current liabilities 218,546 185,776
Convertible debt, net   529,573
Other non-current liabilities 41,356 49,071
Total liabilities 259,902 764,420
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; 31,861 and 31,994 shares issued and outstanding at July 1, 2023 and December 31, 2022, respectively 3 3
Retained earnings 1,262,984 1,415,693
Accumulated other comprehensive loss (4,090) (10,688)
Total stockholders' equity 1,258,897 1,405,008
Total liabilities and stockholders' equity $ 1,518,799 $ 2,169,428