Fair Value Measurements (Tables)

6 Months Ended

Jun. 28, 2026

Fair Value Disclosures [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize assets and liabilities measured at fair value on a recurring basis:


			June 28, 2026
(In thousands)			Total					Quoted market prices in active markets (Level 1)					Significant other observable inputs (Level 2)
Assets:
Cash equivalents: money-market funds		$		70,333			$		70,333			$		—
Available-for-sale investments: U.S. treasury securities(1)				90,099					—					90,099
Trading securities: mutual funds(1)				3,482					3,482					—
Foreign currency forward contracts(2)				810				—						810
Total assets measured at fair value		$		164,724			$		73,815			$		90,909
Liabilities:
Foreign currency forward contracts(3)		$		259			$		—			$		259
Total liabilities measured at fair value		$		259			$		—			$		259


			December 31, 2025
(In thousands)			Total					Quoted market prices in active markets (Level 1)					Significant other observable inputs (Level 2)
Assets:
Cash equivalents: money-market funds		$		107,070			$		107,070			$		—
Available-for-sale investments: U.S. treasury securities(1)				110,210					—					110,210
Trading securities: mutual funds(1)				2,922					2,922					—
Foreign currency forward contracts(2)				315				—						315
Total assets measured at fair value		$		220,517			$		109,992			$		110,525
Liabilities:
Foreign currency forward contracts(3)		$		729			$		—			$		729
Total liabilities measured at fair value		$		729			$		—			$		729

(1)

Included in Short-term investments on the Company’s unaudited condensed consolidated balance sheets.

(2)

Included in Prepaid expenses and other current assets on the Company’s unaudited condensed consolidated balance sheets.

(3)

Included in Other accrued liabilities on the Company’s unaudited condensed consolidated balance sheets.