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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 227,504 $ 499,915
Short-term investments 211,720 692,024
Accounts receivable, net 29,295 71,437
Inventories 194,295 100,417
Prepaid expenses and other current assets 75,117 97,570
Total current assets 737,931 1,461,363
Property and equipment, net 145,890 152,016
Goodwill 376,389 376,389
Other intangible assets, net 59,533 84,907
Other assets, net 123,313 94,753
Total assets 1,443,056 2,169,428
Current liabilities:    
Accounts payable 57,498 89,860
Revolving line of credit 45,000  
Deferred revenue and returns liability 2,117 6,780
Other current liabilities 58,955 89,136
Total current liabilities 163,570 185,776
Convertible debt, net   529,573
Other non-current liabilities 70,804 49,071
Total liabilities 234,374 764,420
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; 31,897 and 31,994 shares issued and outstanding at December 30, 2023 and December 31, 2022, respectively 3 3
Additional paid-in capital 16,973  
Retained earnings 1,192,731 1,415,693
Accumulated other comprehensive loss (1,025) (10,688)
Total stockholders' equity 1,208,682 1,405,008
Total liabilities and stockholders' equity $ 1,443,056 $ 2,169,428