v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 66,282 $ 53,388 $ 25,566
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 13,844 13,093 7,925
Reduction in the carrying amount of right-of-use assets 8,931 4,191 4,129
Amortization and accretion of available-for-sale securities (1,265) 110 348
Amortization of cloud computing arrangements 668 0 0
Amortization of debt issuance costs 85 60 0
Stock-based compensation expense 12,389 10,268 7,417
Uncertain tax positions 1,100 (82) 58
Deferred taxes 689 (1,864) (179)
Net realized losses on derivative instruments 1,306 272 2,711
Increase in inventory provision 4,701 299 397
Other 1,296 1,306 41
Changes in operating assets and liabilities:      
Accounts receivable (13,500) (14,785) (862)
Inventories (47,794) 8,930 (6,443)
Prepaid expenses and other current assets (2,558) (1,244) (1,151)
Income taxes receivable (1,410) 0 0
Other assets (8,037) (3,755) 98
Income taxes payable 430 (368) 782
Accounts payable 16,931 5,810 6,671
Accrued liabilities 14,331 6,749 5,157
Operating lease liabilities (34,704) (17,554) (1,759)
Net cash provided by operating activities 33,715 64,824 50,906
Cash flows from investing activities:      
Purchases of property, plant and equipment (81,950) (28,646) (11,538)
Purchases of available-for-sale securities (95,139) 0 (982)
Purchases of derivative instruments (823) (1,701) (1,971)
Sales of available-for-sale securities 404 0 2,895
Settlements of derivative instruments 272 0 106
Maturities and call redemptions of available-for-sale securities 41,240 23,320 32,265
Proceeds from the sale of property, plant and equipment 1,744 1 1,056
Return of investment in variable interest entity 0 0 552
Net cash (used in) provided by investing activities (134,252) (7,026) 22,383
Cash flows from financing activities:      
Proceeds from exercise of stock options 5,577 13,680 692
Proceeds from issuance of common stock under employee stock purchase plan 835 419 296
Payment of tax withholding obligation on vested RSU shares (3,163) (1,510) (796)
Principal payments under finance lease obligations (4,482) (3,521) (2,246)
Payment of financing costs 0 (414) 0
Net cash (used in) provided by financing activities (1,233) 8,654 (2,054)
Net (decrease) increase in cash and cash equivalents (101,770) 66,452 71,235
Cash and cash equivalents at beginning of the period 150,601 84,149 12,914
Cash and cash equivalents at end of the period 48,831 150,601 84,149
Supplemental disclosure of cash flow information:      
Cash paid for interest 782 950 775
Cash paid for income taxes, net of amounts refunded 24,173 16,465 5,975
Supplemental disclosure of non-cash investing and financing activities:      
Purchases of property, plant and equipment included in accounts payable and accrued liabilities 9,256 884 187
Revolving Line of Credit      
Cash flows from financing activities:      
Proceeds from borrowing under revolving line of credit 0 0 7,500
Repayment of revolving line of credit $ 0 $ 0 $ (7,500)