v3.26.1
Employee Benefit Plans (Tables)
 6 Months Ended
Jun. 28, 2026
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Stock Option Activity

Stock option activity was as follows:

 

(In thousands, except per share amounts)

 

Number of
Shares

 

 

 

Weighted Average Exercise Price Per Share

 

 

Weighted
Average
Remaining
Contractual
Term

 

Outstanding as of December 31, 2025

 

 

101

 

 

$

 

33.24

 

 

 

 

Exercised

 

 

—

 

 

$

 

—

 

 

 

 

Expired

 

 

—

 

 

$

 

—

 

 

 

 

Outstanding as of June 28, 2026

 

 

101

 

 

$

 

33.24

 

 

 

1.43

 

 
Schedule of Time-Based RSU Activity

Time-based RSU activity was as follows:

 

(In thousands, except per share amounts)

 

Number
of Shares

 

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2025

 

 

2,294

 

 

$

 

22.27

 

Granted

 

 

886

 

 

$

 

23.63

 

Vested

 

 

(763

)

 

$

 

21.57

 

Cancelled

 

 

(102

)

 

$

 

21.22

 

Outstanding as of June 28, 2026

 

 

2,315

 

 

$

 

23.07

 
Schedule of PSU Activity

PSU activity was as follows:

(In thousands, except per share amounts)

 

Number
of Shares

 

 

 

Weighted Average Grant Date Fair Value Per Share

 

Outstanding as of December 31, 2025

 

 

805

 

 

$

 

33.64

 

Granted

 

 

277

 

 

$

 

39.60

 

Vested

 

 

(163

)

 

$

 

20.51

 

Cancelled

 

 

(25

)

 

$

 

38.26

 

Outstanding as of June 28, 2026

 

 

894

 

 

$

 

37.75

 
Schedule of Total Stock-Based Compensation Expense Resulting from Stock Options, RSUs, Time-Based and Performance-Based and the ESPP

Valuation and Expense Information

The following table sets forth the stock-based compensation expense resulting from stock options, RSUs (time-based and performance-based) and the ESPP included in the Company’s unaudited condensed consolidated statements of operations:

 

 

 

 

Three Months Ended

 

 

 

Six Months Ended

 

(In thousands)

 

 

June 28, 2026

 

 

 

June 29, 2025

 

 

 

June 28, 2026

 

 

 

June 29, 2025

 

Cost of revenue

 

$

 

616

 

 

$

 

456

 

 

$

 

1,117

 

 

$

 

878

 

Research and development

 

 

 

1,557

 

 

 

 

1,000

 

 

 

 

2,660

 

 

 

 

1,592

 

Sales and marketing

 

 

 

2,712

 

 

 

 

1,816

 

 

 

 

4,977

 

 

 

 

3,129

 

General and administrative

 

 

 

5,135

 

 

 

 

3,403

 

 

 

 

9,471

 

 

 

 

6,572

 

Total

 

$

 

10,020

 

 

$

 

6,675

 

 

$

 

18,225

 

 

$

 

12,171