v3.26.1
Revenue Recognition
 3 Months Ended
Apr. 05, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table summarizes disaggregated revenue information by geographic area based upon the customer's country of domicile (in thousands):
Three-months Ended
April 5, 2026March 30, 2025
Americas$121,301 $99,374 
Europe63,815 46,790 
Greater China37,759 26,946 
Other Asia45,562 42,926 
268,437 216,036 

The following table summarizes disaggregated revenue information by revenue type (in thousands):
Three-months Ended
April 5, 2026March 30, 2025
Standard products and services254,439 204,510 
Application-specific customer solutions13,998 11,526 
268,437 216,036 
Costs to Fulfill a Contract
Costs to fulfill a contract are included in "Prepaid expenses and other current assets" on the Consolidated Balance Sheets and amounted to $17,224,000 and $10,592,000 as of April 5, 2026 and December 31, 2025, respectively.
Accounts Receivable, Contract Assets, and Contract Liabilities
Accounts receivable represent amounts billed and currently due from customers which are reported at their net estimated realizable value. The Company maintains an allowance against its accounts receivable for credit losses. Contract assets consist of unbilled revenue which arises when revenue is recognized in advance of billing for certain application-specific customer solutions contracts. Contract liabilities consist of deferred revenue and customer deposits which arise when amounts are billed to or collected from customers in advance of revenue recognition.
The following table summarizes the deferred revenue and customer deposits activity for the three-month periods ended April 5, 2026 and March 30, 2025 (in thousands):
Balance as of December 31, 2025$21,094 
Deferral of revenue billed in the current period, net of recognition21,134 
Recognition of revenue deferred in prior period(8,042)
Reclassified to accounts receivable(203)
Foreign exchange rate changes70 
Balance as of April 5, 2026$34,053 
Balance at December 31, 2024$25,035 
Deferral of revenue billed in the current period, net of recognition22,175 
Recognition of revenue deferred in prior period(7,414)
Foreign exchange rate changes62 
Balance as of March 30, 2025$39,858 
As a practical expedient, the Company has elected not to disclose the aggregate amount of the transaction price allocated to unsatisfied performance obligations for our contracts that have an original expected duration of less than one year. The remaining unsatisfied performance obligations for our contracts that have an original expected duration of more than one year, primarily related to extended warranties, are not material.