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Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Oct. 03, 2021
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table sets forth the changes in accumulated other comprehensive income (loss) (“AOCI”) by component for the three and nine months ended October 3, 2021 and September 27, 2020.
Unrealized gains (losses) on available-for-sale securitiesUnrealized gains (losses) on derivativesEstimated tax benefit (provision)Total
(In thousands)
Balance as of June 27, 2021$— $— $— $— 
Other comprehensive income (loss) before reclassifications— 122 (1)121 
Less: Amount reclassified from accumulated other comprehensive income (loss)— 110 — 110 
Net current period other comprehensive income (loss)— 12 (1)11 
Balance as of October 3, 2021$— $12 $(1)$11 
Unrealized gains (losses) on available-for-sale securitiesUnrealized gains (losses) on derivativesEstimated tax benefit (provision)Total
(In thousands)
Balance as of December 31, 2020$1 $2 $— $3 
Other comprehensive income (loss) before reclassifications(1)122 (1)120 
Less: Amount reclassified from accumulated other comprehensive income (loss)— 112 — 112 
Net current period other comprehensive income (loss)(1)10 (1)8 
Balance as of October 3, 2021$— $12 $(1)$11 

Unrealized gains (losses) on available-for-sale securitiesUnrealized gains (losses) on derivativesEstimated tax benefit (provision)Total
(In thousands)
Balance as of June 28, 2020$14 $— $— $14 
Other comprehensive income (loss) before reclassifications(14)(39)— (53)
Less: Amount reclassified from accumulated other comprehensive income (loss)— (30)— (30)
Net current period other comprehensive income (loss)(14)(9)— (23)
Balance as of September 27, 2020$— $(9)$— $(9)
Unrealized gains (losses) on available-for-sale securitiesUnrealized gains (losses) on derivativesEstimated tax benefit (provision)Total
(In thousands)
Balance as of December 31, 2019$23 $(25)$— $(2)
Other comprehensive income (loss) before reclassifications(23)10 — (13)
Less: Amount reclassified from accumulated other comprehensive income (loss)— (6)— (6)
Net current period other comprehensive income (loss)(23)16 — (7)
Balance as of September 27, 2020$— $(9)$— $(9)
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following tables provide details about significant amounts reclassified out of each component of AOCI for the three and nine months ended October 3, 2021 and September 27, 2020:
Three Months Ended
October 3, 2021September 27, 2020
Gains (Losses) Recognized in OCI - Effective PortionGains (Losses) Reclassified from OCI to Income - Effective PortionGains (Losses) Recognized in OCI - Effective PortionGains (Losses) Reclassified from OCI to Income - Effective PortionAffected Line Item in the Statements of Operations
(In thousands)
Gains (losses) on cash flow hedge:
Foreign currency contracts$122 $122 $(39)$(37)Revenue
Foreign currency contracts— (1)— — Cost of revenue
Foreign currency contracts— — — 5 Research and development
Foreign currency contracts— (10)— 2 Sales and marketing
Foreign currency contracts— (1)— — General and administrative
$122 $110 $(39)$(30)Total *
Nine Months Ended
October 3, 2021September 27, 2020
Gains (Losses) Recognized in OCI - Effective PortionGains (Losses) Reclassified from OCI to Income - Effective PortionGains (Losses) Recognized in OCI - Effective PortionGains (Losses) Reclassified from OCI to Income - Effective PortionAffected Line Item in the Statements of Operations
(In thousands)
Gains (losses) on cash flow hedge:
Foreign currency contracts$122 $122 $10 $(14)Revenue
Foreign currency contracts— (1)— — Cost of revenue
Foreign currency contracts— — — 5 Research and development
Foreign currency contracts— (8)— 3 Sales and marketing
Foreign currency contracts— (1)— — General and administrative
$122 $112 $10 $(6)Total *
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* Tax impact to hedging gains and losses from derivative contracts was immaterial.