v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Beginning balance (in shares) at Jan. 03, 2025   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 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 plan 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      
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 (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 plan 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      
Ending balance at Jul. 04, 2025 $ 2,033,536 $ 270 2,251,456 1,349 (219,539)
Beginning balance (in shares) at Jan. 02, 2026 262,483 262,483      
Beginning balance at Jan. 02, 2026 $ 2,161,319 $ 262 2,234,411 3,476 (76,830)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 422,517       422,517
Other comprehensive loss (5,489)     (5,489)  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   2,936      
Issuance of common stock under the equity incentive plan and stock purchase plan 22,830 $ 4 22,826    
Stock transactions associated with taxes withheld on equity awards (70,552)   (70,552)    
Repurchases of common stock (in shares)   (16,534)      
Repurchases of common stock (748,766) $ (17) (140,529)   (608,220)
Stock-based compensation $ 61,903   61,903    
Ending balance (in shares) at Jul. 03, 2026 248,885 248,885      
Ending balance at Jul. 03, 2026 $ 1,843,762 $ 249 2,108,059 (2,013) (262,533)
Beginning balance (in shares) at Apr. 03, 2026   253,701      
Beginning balance at Apr. 03, 2026 1,935,748 $ 254 2,151,703 (415) (215,794)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 212,050       212,050
Other comprehensive loss (1,598)     (1,598)  
Issuance of common stock under the equity incentive plans and stock purchase plan (in shares)   1,697      
Issuance of common stock under the equity incentive plan and stock purchase plan 15,235 $ 2 15,233    
Stock transactions associated with taxes withheld on equity awards (36,344)   (36,344)    
Repurchases of common stock (in shares)   (6,513)      
Repurchases of common stock (314,028) $ (7) (55,232)   (258,789)
Stock-based compensation $ 32,699   32,699    
Ending balance (in shares) at Jul. 03, 2026 248,885 248,885      
Ending balance at Jul. 03, 2026 $ 1,843,762 $ 249 $ 2,108,059 $ (2,013) $ (262,533)