v3.22.2.2
Balance Sheet Components - (Tables)
9 Months Ended
Nov. 06, 2022
Balance Sheet Components Disclosure [Abstract]  
Schedule of Inventory
Inventory consists of the following (in thousands):
At the End of
Fiscal 2022
Third Quarter of Fiscal 2023
Raw materials$15,734 $24,471 
Finished goods23,208 35,245 
Inventory$38,942 $59,716 
Schedule of Property and Equipment, Net
Property and equipment, net consists of the following (in thousands):
 
At the End of
 Fiscal 2022
Third Quarter of Fiscal 2023
Test equipment$266,672 $306,088 
Computer equipment and software206,053 249,148 
Furniture and fixtures8,652 9,522 
Leasehold improvements47,443 58,931 
Capitalized software development costs8,528 14,795 
Total property and equipment537,348 638,484 
Less: accumulated depreciation and amortization(342,066)(389,878)
Property and equipment, net$195,282 $248,606 
Schedule of Intangible Assets, Net
Intangible assets, net consist of the following (in thousands):
 
At the End of
 Fiscal 2022
Third Quarter of Fiscal 2023
Gross Carrying ValueAccumulated AmortizationNet Carrying AmountGross Carrying ValueAccumulated AmortizationNet Carrying Amount
Technology patents$19,125 $(13,544)$5,581 $19,125 $(14,505)$4,620 
Developed technology80,166 (30,304)49,862 83,211 (40,061)43,150 
Customer relationships6,459 (1,246)5,213 6,459 (1,936)4,523 
Trade name3,623 (1,633)1,990 3,623 (2,537)1,086 
Intangible assets, net$109,373 $(46,727)$62,646 $112,418 $(59,039)$53,379 
Schedule of Expected Amortization Expenses for Intangible Assets
At the end of the third quarter of fiscal 2023, future expected amortization expense for intangible assets is as follows (in thousands):
Fiscal Years EndingEstimated Future
Amortization Expense
Remainder of 2023$4,157 
202416,210 
202515,425 
202612,830 
20273,107 
Thereafter1,650 
Total$53,379 
Schedule of Goodwill
The change in the carrying amount of goodwill is as follows (in thousands):
Amount
Balance at the end of fiscal 2022
$358,736 
Goodwill acquired2,691 
Balance at the end of the third quarter of fiscal 2023
$361,427 
Schedule of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consist of the following (in thousands):
At the End of
 Fiscal 2022
Third Quarter of Fiscal 2023
Taxes payable $6,312 $10,249 
Accrued marketing13,257 13,543 
Accrued cloud and outside services6,135 4,614 
Supply chain-related accruals6,991 25,958 
Accrued service logistics and professional services6,244 6,564 
Acquisition earn-out and deferred consideration5,211 2,693 
Customer deposits from contracts with customers10,409 13,653 
Other accrued liabilities23,952 31,698 
Total accrued expenses and other liabilities$78,511 $108,972