| Schedule of Sales Incentives and Sales Returns Recognized as Contra-Revenue |
The following table reflects the changes in contract balances for the nine months ended September 27, 2026:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contract Classification | | Balance Sheet Classification | | September 27, 2026 | | December 31, 2025 | | $ Change | | % Change | | | | | (In thousands) | | | | Receivables | | Accounts receivable, net | | $ | 61,253 | | | $ | 39,666 | | | $ | 21,587 | | | 54.4 | % | | Contract assets | | Other current assets | | $ | 717 | | | $ | — | | | $ | 717 | | | ** | | Contract liabilities, current | | Deferred revenue | | $ | 46,866 | | | $ | 37,139 | | | $ | 9,727 | | | 26.2 | % | | Contract liabilities, non-current | | Other non-current liabilities | | $ | 1,615 | | | $ | 1,476 | | | $ | 139 | | | 9.4 | % |
_________________________ **Percentage change not meaningful. The following tables provide activities related to sales incentives and sales returns that are recognized as contra-revenue. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | Sales incentives | September 27,
2026 | | September 28,
2025 | | September 27,
2026 | | September 28,
2025 | | (In thousands) | | Balance at the beginning of the period | $ | 26,301 | | | $ | 34,892 | | | $ | 29,124 | | | $ | 29,846 | | Credits issued | (18,536) | | | (27,012) | | | (55,282) | | | (68,564) | | Additions | 18,344 | | | 29,247 | | | 52,267 | | | 75,845 | | | Balance at the end of the period | $ | 26,109 | | | $ | 37,127 | | | $ | 26,109 | | | $ | 37,127 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | Sales returns | September 27,
2026 | | September 28,
2025 | | September 27,
2026 | | September 28,
2025 | | (In thousands) | | Balance at the beginning of the period | $ | 5,398 | | | $ | 8,090 | | | $ | 9,273 | | | $ | 11,651 | | Credits issued | (2,207) | | | (3,935) | | | (7,981) | | | (12,684) | | Additions | 1,895 | | | 5,242 | | | 3,794 | | | 10,430 | | | Balance at the end of the period | $ | 5,086 | | | $ | 9,397 | | | $ | 5,086 | | | $ | 9,397 | |
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| Schedule of Disaggregation of Revenue |
The following table presents revenue disaggregated by geographic region. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 27,
2026 | | September 28,
2025 | | September 27,
2026 | | September 28,
2025 | | (In thousands) | | Americas | $ | 90,542 | | | $ | 83,831 | | | $ | 263,497 | | | $ | 235,830 | | | EMEA | 52,685 | | | 49,602 | | | 174,829 | | | 135,817 | | | APAC | 5,950 | | | 6,096 | | | 17,170 | | | 16,353 | | | Total | $ | 149,177 | | | $ | 139,529 | | | $ | 455,496 | | | $ | 388,000 | |
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