v3.26.1
Stock-Based Compensation
3 Months Ended
Apr. 04, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Stock-based compensation costs are based on the fair values on the date of grant for stock awards and stock options and on the date of enrollment for the employee stock purchase plans. The fair values of stock awards (such as restricted stock units (“RSUs”) and performance stock units (“PSUs”) are estimated based on their intrinsic values. The fair values of stock options and rights under the Company’s Employee Stock Purchase Plan are estimated using the Black-Scholes option-pricing model.
The following table presents details of stock-based compensation costs recognized in the Condensed Consolidated Statements of Operations (in thousands):
Three Months Ended
April 4,
2026
April 5,
2025
Cost of revenues$442 $613 
Research and development11,416 12,007 
Selling, general and administrative9,197 7,094 
21,055 19,714 
Income tax benefit2,564 2,501 
Total$18,491 $17,213 
The Company had approximately $143.8 million of total unrecognized compensation cost related to equity grants as of April 4, 2026 that is expected to be recognized over a weighted-average period of approximately 2.2 years.