FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 29, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Instruments Measured on Recurring Basis

The following table sets forth the fair value of the Company’s financial assets measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):

	September 29, 2023								December 31, 2022
(in thousands)	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Cash equivalents
Money market funds	$	10,054	$	—	$	—	$	10,054	$	—	$	—	$	—	$	—
Short-term investments
Time deposits	—		6,305		—		6,305		—		—		—		—
Total assets	$	10,054	$	6,305	$	—	$	16,359	$	—	$	—	$	—	$	—

Schedule of Financial Instruments Not Measured on Recurring Basis

The Company’s financial instruments not recorded at fair value on a recurring basis were as follows:

	September 29, 2023								December 31, 2022
	Carrying		Fair Value						Carrying		Fair Value
(in thousands)	Value		Level 1		Level 2		Level 3		Value		Level 1		Level 2		Level 3
2024 Notes	$	114,654	$	—	$	139,724	$	—	$	113,981	$	—	$	181,139	$	—