v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive income (loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 29, 2023   302,793      
Beginning balance at Dec. 29, 2023 $ 2,263,912 $ 303 $ 2,440,710 $ (3,750) $ (173,351)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 263,433       263,433
Other comprehensive (loss) income (1,399)     (1,399)  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   2,729      
Issuance of common stock under the equity incentive plans and stock purchase plan 23,097 $ 2 23,095    
Stock transactions associated with taxes withheld on equity awards (20,009)   (20,009)    
Repurchases of common stock (in shares)   (20,300)      
Repurchases of common stock (454,225) $ (20) (164,151)   (290,054)
Stock-based compensation 44,925   44,925    
Ending balance (in shares) at Jun. 28, 2024   285,222      
Ending balance at Jun. 28, 2024 2,119,734 $ 285 2,324,570 (5,149) (199,972)
Beginning balance (in shares) at Mar. 29, 2024   295,032      
Beginning balance at Mar. 29, 2024 2,128,008 $ 295 2,391,865 (5,204) (258,948)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 226,116       226,116
Other comprehensive (loss) income 55     55  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   1,852      
Issuance of common stock under the equity incentive plans and stock purchase plan 14,659 $ 1 14,658    
Stock transactions associated with taxes withheld on equity awards (13,015)   (13,015)    
Repurchases of common stock (in shares)   (11,662)      
Repurchases of common stock (261,684) $ (11) (94,533)   (167,140)
Stock-based compensation 25,595   25,595    
Ending balance (in shares) at Jun. 28, 2024   285,222      
Ending balance at Jun. 28, 2024 $ 2,119,734 $ 285 2,324,570 (5,149) (199,972)
Beginning balance (in shares) at Jan. 03, 2025 281,732 281,732      
Beginning balance at Jan. 03, 2025 $ 2,244,203 $ 282 2,343,915 (1,347) (98,647)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 344,464       344,464
Other comprehensive (loss) income 2,696     2,696  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   3,988      
Issuance of common stock under the equity incentive plans and stock purchase plan 37,850 $ 4 37,846    
Stock transactions associated with taxes withheld on equity awards (63,059)   (63,059)    
Repurchases of common stock (in shares)   (15,588)      
Repurchases of common stock (595,147) $ (16) (129,775)   (465,356)
Stock-based compensation $ 62,529   62,529    
Ending balance (in shares) at Jul. 04, 2025 270,132 270,132      
Ending balance at Jul. 04, 2025 $ 2,033,536 $ 270 2,251,456 1,349 (219,539)
Beginning balance (in shares) at Apr. 04, 2025   275,033      
Beginning balance at Apr. 04, 2025 2,131,024 $ 275 2,292,033 2,010 (163,294)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 184,848       184,848
Other comprehensive (loss) income (661)     (661)  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   2,626      
Issuance of common stock under the equity incentive plans and stock purchase plan 26,287 $ 3 26,284    
Stock transactions associated with taxes withheld on equity awards (40,553)   (40,553)    
Repurchases of common stock (in shares)   (7,527)      
Repurchases of common stock (303,821) $ (8) (62,720)   (241,093)
Stock-based compensation $ 36,412   36,412    
Ending balance (in shares) at Jul. 04, 2025 270,132 270,132      
Ending balance at Jul. 04, 2025 $ 2,033,536 $ 270 $ 2,251,456 $ 1,349 $ (219,539)