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Note 6 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 25, 2021
Notes Tables  
Schedule of Net Benefit Costs [Table Text Block]

(in thousands)

 

2021

  

2020

  

2019

 

Service cost

 $1,223  $1,310  $920 

Interest cost

  61   67   267 

Expected return on assets

  (128)  (200)  (168)

Settlements

  72   292   - 

Net periodic costs

 $1,228  $1,469  $1,019 
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

(in thousands)

 

2021

  

2020

 

Change in projected benefit obligation:

        

Benefit obligation at beginning of year

 $(31,039) $(32,241)

Service cost

  (1,223)  (1,310)

Interest cost

  (61)  (67)

Actuarial gain

  1,179   1,916 

Participant contributions

  (1,780)  (1,136)

Benefits paid

  436   419 

Plan change

  1,076   944 

Settlements

  1,653   3,446 

Foreign currency exchange adjustment

  994   (3,010)

Benefit obligation at end of year

  (28,765)  (31,039)

Change in plan assets:

        

Fair value of plan assets at beginning of year

  18,756   18,705 

Return on assets, net of actuarial loss

  207   129 

Employer contributions

  878   886 

Participant contributions

  1,780   1,136 

Benefits paid

  (436)  (419)

Settlements

  (1,653)  (3,446)

Foreign currency exchange adjustment

  (613)  1,765 

Fair value of plan assets at end of year

  18,919   18,756 

Net liability at end of year

 $(9,846) $(12,283)
Defined Benefit Plan, Assumptions [Table Text Block]
  

2021

  

2020

 

Discount rate

  0.2%   0.2% 

Compensation increase

  1.5%   1.1% 
  

2021

  

2020

  

2019

 

Discount rate

  0.2%   0.2%   0.9% 

Rate of return on assets

  0.7%   1.0%   0.9% 

Compensation increase

  1.1%   1.1%   1.8% 
Schedule of Net Funded Status [Table Text Block]

(in thousands)

 

2021

  

2020

 

Accumulated benefit obligation at beginning of year

 $(2,398) $(2,571)

Interest cost

  (49)  (75)

Actuarial gain

  241   134 

Benefits paid

  109   114 

Accumulated benefit obligation at end of year

  (2,097)  (2,398)

Plan assets at end of year

  -   - 

Funded status

 $(2,097) $(2,398)
Share-based Payment Arrangement, Option, Activity [Table Text Block]
  

2021

  

2020

  

2019

 

(in thousands, except per share data)

 

Shares

  

Wt. Avg.

Ex. Price

  

Shares

  

Wt. Avg.

Ex. Price

  

Shares

  

Wt. Avg.

Ex. Price

 

Outstanding and exercisable, beginning of year

  262  $10.01   363  $10.27   405  $10.22 

Exercised

  (250) $10.03   (101) $10.95   (42) $9.82 

Outstanding and exercisable, end of year

  12  $9.44   262  $10.01   363  $10.27 
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
    

Options Outstanding

  

Options Exercisable

 
        

Approximate

             
        

Wt. Avg.

             
    

Number

  

Remaining

  

Wt. Avg.

  

Number

  

Wt. Avg.

 

Exercise Price

  

Outstanding

  

Life (Years)

  

Ex. Price

  

Exercisable

  

Ex. Price

 
$9.44   12   1.3  $9.44   12  $9.44 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
  

2021

  

2020

  

2019

 

(in thousands, except per share data)

 

Units

  

Wt. Avg.

Fair Value

  

Units

  

Wt. Avg.

Fair Value

  

Units

  

Wt. Avg.

Fair Value

 

Outstanding, beginning of year

  1,414  $15.16   1,328  $17.05   1,265  $19.48 

Granted

  270  $41.66   779  $14.02   694  $14.32 

Released

  (579) $16.23   (621) $17.48   (563) $19.08 

Cancelled

  (47) $18.96   (72) $17.59   (68) $17.60 

Outstanding, end of year

  1,058  $21.16   1,414  $15.16   1,328  $17.05 
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
  

2021

  

2020

  

2019

 

(in thousands, except per share data)

 

Units

  

Wt. Avg.

Fair Value

  

Units

  

Wt. Avg.

Fair Value

  

Units

  

Wt. Avg.

Fair Value

 

Outstanding, beginning of year

  425  $15.51   364  $18.72   340  $17.89 

Granted

  93  $51.43   200  $13.18   167  $14.11 

Released

  (125) $21.77   (39) $21.40   (36) $11.35 

Cancelled

  (9) $14.04   (100) $20.25   (107) $11.35 

Outstanding, end of year

  384  $22.22   425  $15.51   364  $18.72 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

Employee Stock Purchase Plan

 

2021

  

2020

  

2019

 

Dividend yield

  0.0%  0.5%  1.3%

Expected volatility

  58.3%  67.1%  46.4%

Risk-free interest rate

  0.1%  1.1%  2.2%

Expected term (years)

  0.5   0.5   0.5 

Weighted-average grant date fair value per share

 $9.42  $6.01  $5.35 

Restricted Stock Units

 

2021

  

2020

  

2019

 

Dividend yield

  0.0%  0.0%  1.6%
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

(in thousands)

 

2021

  

2020

  

2019

 

Cost of sales

 $828  $893  $736 

Research and development

  3,017   3,245   2,994 

Selling, general and administrative

  9,947   10,096   10,418 

Share-based compensation of continuing operations

  13,792   14,234   14,148 

Income tax benefit

  (722)  (963)  (587)

Total share-based compensation, net of tax

 $13,070  $13,271  $13,561