v3.26.1
Balance Sheet Details (Tables)
6 Months Ended
Jun. 30, 2026
Balance Sheet Detail [Abstract]  
Schedule of Inventories

Inventories, net of reserves are comprised of the following:

 

 

June 30, 2026

 

 

January 3, 2026

 

 

 

(in thousands)

 

Materials

 

$

278,289

 

 

$

208,061

 

Work-in-process

 

 

73,127

 

 

 

59,764

 

Finished goods

 

 

27,827

 

 

 

30,439

 

Total inventories, net

 

$

379,243

 

 

$

298,264

 

 

Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net is comprised of the following:

 

 

June 30, 2026

 

 

January 3, 2026

 

 

 

(in thousands)

 

Machinery and equipment

 

$

96,572

 

 

$

95,151

 

Land and building

 

 

47,720

 

 

 

47,770

 

Computer equipment and software

 

 

43,703

 

 

 

40,635

 

Leasehold improvements

 

 

25,388

 

 

 

24,040

 

Furniture and fixtures

 

 

4,423

 

 

 

3,920

 

Total property, plant and equipment, gross

 

 

217,806

 

 

 

211,516

 

Accumulated depreciation

 

 

(94,089

)

 

 

(84,332

)

Total property, plant and equipment, net

 

$

123,717

 

 

$

127,184

 

For the three and six months ended June 30, 2026, depreciation expense was $5.2 million and $11.6 million, respectively. For the three and six months ended June 28, 2025, depreciation expense was $5.8 million and $10.2 million, respectively.