Lattice Semiconductor (LSCC) 10-Q1 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Oct. 01, 2022	Oct. 27, 2022
Document Information [Line Items]
Entity Central Index Key	0000855658
Entity Registrant Name	Lattice Semiconductor Corp
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 01, 2022
Document Transition Report	false
Entity File Number	000-18032
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	93-0835214
Entity Address, Address Line One	5555 NE Moore Court
Entity Address, City or Town	Hillsboro
Entity Address, State or Province	OR
Entity Address, Postal Zip Code	97124
City Area Code	503
Local Phone Number	268-8000
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	LSCC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		137,059,418

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 02, 2022	Jul. 03, 2021	Oct. 01, 2022	Oct. 02, 2021
Revenue	$ 172,509	$ 131,911	$ 484,396	$ 373,532
Cost of revenue	53,777	49,086	154,412	142,937
Gross margin	118,732	82,825	329,984	230,595
Operating expenses:
Research and development	34,820	28,769	100,988	80,289
Selling, general, and administrative	31,926	26,272	89,721	76,971
Amortization of acquired intangible assets	869	603	2,908	1,809
Restructuring charges	2,315	166	2,505	546
Acquisition related charges	0	0	511	0
Total operating expenses	69,930	55,810	196,633	159,615
Income from operations	48,802	27,015	133,351	70,980
Interest expense	(1,267)	(661)	(2,866)	(2,081)
Other (expense) income, net	(820)	(87)	(1,085)	(384)
Income before income taxes	46,715	26,267	129,400	68,515
Income tax expense (benefit)	356	(472)	2,431	1,125
Net income	$ 46,359	$ 26,739	$ 126,969	$ 67,390
Net income per share:
Basic (in dollars per share)	$ 0.34	$ 0.20	$ 0.92	$ 0.49
Diluted (in dollars per share)	$ 0.33	$ 0.19	$ 0.90	$ 0.47
Shares used in per share calculations:
Basic (in shares)	137,267	136,638	137,397	136,476
Diluted (in shares)	139,935	141,632	140,921	142,163

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021
Net income	$ 46,359	$ 26,739	$ 126,969	$ 67,390
Other comprehensive income (loss):
Translation adjustment	(987)	(19)	(2,215)	(68)
Comprehensive income	$ 45,372	$ 26,720	$ 124,754	$ 67,322

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 118,766	$ 131,570
Accounts receivable, net of allowance for credit losses	100,446	79,859
Inventories, net	93,964	67,594
Prepaid expenses and other current assets	27,132	22,328
Total current assets	340,308	301,351
Property and equipment, less accumulated depreciation of $114,948 at October 1, 2022 and $109,905 at January 1, 2022	45,217	38,094
Operating lease right-of-use assets	17,372	23,818
Intangible assets, net	26,085	29,782
Goodwill	315,358	315,358
Other long-term assets	14,605	18,091
Total assets	758,945	726,494
Current liabilities:
Accounts payable	43,635	34,597
Accrued expenses	35,127	26,444
Accrued payroll obligations	31,516	27,967
Current portion of long-term debt	0	17,173
Total current liabilities	110,278	106,181
Long-term debt, net of current portion	148,685	140,760
Long-term operating lease liabilities, net of current portion	14,169	19,248
Other long-term liabilities	44,082	48,672
Total liabilities	317,214	314,861
Contingencies (Note 12)
Stockholders' equity:
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $.01 par value, 300,000,000 shares authorized; 137,028,000 shares issued and outstanding as of October 1, 2022 and 137,239,000 shares issued and outstanding as of January 1, 2022	1,370	1,372
Additional paid-in capital	607,034	701,688
Accumulated deficit	(163,007)	(289,976)
Accumulated other comprehensive loss	(3,666)	(1,451)
Total stockholders' equity	441,731	411,633
Total liabilities and stockholders' equity	$ 758,945	$ 726,494

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Accumulated depreciation	$ 114,948	$ 109,905
Preferred stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	137,028,000	137,239,000
Common stock, shares outstanding (in shares)	137,028,000	137,239,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 03, 2022	Oct. 01, 2022	Oct. 02, 2021
Cash flows from operating activities:
Net income	$ 46,359	$ 26,739		$ 126,969	$ 67,390
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization				21,498	17,839
Stock-based compensation expense				41,207	32,624
Amortization of right-of-use assets				4,995	4,926
Impairment of operating lease right-of-use asset				1,149	0
Other non-cash adjustments				791	157
Changes in assets and liabilities:
Accounts receivable, net				(20,587)	(15,025)
Inventories, net				(26,370)	(1,506)
Prepaid expenses and other assets				(2,033)	(224)
Accounts payable				9,038	8,793
Accrued expenses				2,190	(1,464)
Accrued payroll obligations				3,549	7,337
Operating lease liabilities, current and long-term portions				(5,571)	(4,784)
Net cash provided by (used in) operating activities				156,825	116,063
Cash flows from investing activities:
Capital expenditures				(13,080)	(7,118)
Cash paid for software and intellectual property licenses				(8,322)	(9,534)
Net cash provided by (used in) investing activities				(21,402)	(16,652)
Cash flows from financing activities:
Restricted stock unit tax withholdings				(50,043)	(41,587)
Proceeds from issuance of common stock				4,317	5,240
Repurchase of common stock				(90,137)	(55,126)
Proceeds from long-term debt, net of issuance costs				148,601	0
Repayment of long-term debt				(158,750)	(8,750)
Net cash provided by (used in) financing activities				(146,012)	(100,223)
Effect of exchange rate change on cash				(2,215)	(68)
Net increase (decrease) in cash and cash equivalents				(12,804)	(880)
Beginning cash and cash equivalents			$ 131,570	131,570	182,332
Ending cash and cash equivalents	$ 118,766	$ 181,452		118,766	181,452
Supplemental disclosure of cash flow information and non-cash investing and financing activities:
Interest paid				2,203	1,755
Operating lease payments			$ 5,500	5,500	5,786
Income taxes paid, net of refunds				4,115	2,842
Accrued purchases of plant and equipment				4,822	351
Operating lease right-of-use assets obtained in exchange for lease obligations				$ 639	$ 7,550

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances (in shares) at Jan. 02, 2021	136,236,000
Balances at Jan. 02, 2021	$ 1,362	$ 770,711	$ (385,898)	$ (1,748)	$ 384,427
Net income	0	0	67,390	0	67,390
Other comprehensive income (loss)	0	0	0	(68)	(68)
Total comprehensive income					67,322
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	1,746,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 18	(36,365)	0	0	(36,347)
Stock-based compensation expense	$ 0	32,624	0	0	32,624
Repurchase of common stock (in shares)	(1,081,000)
Repurchase of common stock	$ (11)	(55,115)	0	0	(55,126)
Balances (in shares) at Oct. 02, 2021	136,901,000
Balances at Oct. 02, 2021	$ 1,369	711,855	(318,508)	(1,816)	392,900
Balances (in shares) at Jul. 03, 2021	136,344,000
Balances at Jul. 03, 2021	$ 1,363	742,996	(345,247)	(1,797)	397,315
Net income	0	0	26,739	0	26,739
Other comprehensive income (loss)	0	0	0	(19)	(19)
Total comprehensive income					26,720
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	809,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 9	(26,381)	0	0	(26,372)
Stock-based compensation expense	$ 0	10,250	0	0	10,250
Repurchase of common stock (in shares)	(252,000)
Repurchase of common stock	$ (3)	(15,010)	0	0	(15,013)
Balances (in shares) at Oct. 02, 2021	136,901,000
Balances at Oct. 02, 2021	$ 1,369	711,855	(318,508)	(1,816)	$ 392,900
Balances (in shares) at Jan. 01, 2022	137,239,000				137,239,000
Balances at Jan. 01, 2022	$ 1,372	701,688	(289,976)	(1,451)	$ 411,633
Net income	0	0	126,969	0	126,969
Other comprehensive income (loss)	0	0	0	(2,215)	(2,215)
Total comprehensive income					124,754
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	1,452,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 15	(45,741)	0	0	(45,726)
Stock-based compensation expense	$ 0	41,207	0	0	41,207
Repurchase of common stock (in shares)	(1,663,000)
Repurchase of common stock	$ (17)	(90,120)	0	0	$ (90,137)
Balances (in shares) at Oct. 01, 2022	137,028,000				137,028,000
Balances at Oct. 01, 2022	$ 1,370	607,034	(163,007)	(3,666)	$ 441,731
Balances (in shares) at Jul. 02, 2022	137,263,000
Balances at Jul. 02, 2022	$ 1,373	646,593	(209,366)	(2,679)	435,921
Net income	0	0	46,359	0	46,359
Other comprehensive income (loss)	0	0	0	(987)	(987)
Total comprehensive income					45,372
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	450,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 4	(13,548)	0	0	(13,544)
Stock-based compensation expense	$ 0	13,958	0	0	13,958
Repurchase of common stock (in shares)	(685,000)
Repurchase of common stock	$ (7)	(39,969)	0	0	$ (39,976)
Balances (in shares) at Oct. 01, 2022	137,028,000				137,028,000
Balances at Oct. 01, 2022	$ 1,370	$ 607,034	$ (163,007)	$ (3,666)	$ 441,731

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
Note 1 - Basis of Presentation	Oct. 01, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1 Lattice Semiconductor Corporation and its subsidiaries (“Lattice,” the “Company,” “we,” “us,” or “our”) develop technologies that we monetize through differentiated programmable logic semiconductor products, silicon-enabling products, system solutions, design services, and licenses. Basis of Presentation and Use of Estimates The accompanying Consolidated Financial Statements are unaudited and have been prepared in accordance with U.S. Generally Accepted Accounting Principles ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). In our opinion, they include all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of results for the interim periods. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted as permitted by the SEC's rules and regulations for interim reporting. These Consolidated Financial Statements should be read in conjunction with our audited financial statements and notes thereto included in our Annual Report on Form 10 January 1, 2022 (" 2021 10 The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments affecting the amounts reported in our consolidated condensed financial statements and the accompanying notes. We base our estimates and judgments on historical experience, knowledge of current conditions, and our beliefs of what could occur in the future considering available information. While we believe that our estimates, assumptions, and judgments are reasonable, they are based on information available when made, and because of the uncertainty inherent in these matters, the actual results that we experience may We describe our accounting methods and practices in more detail in our 2021 10 no 2021 10 November 2021 may Certain prior year balances have been reclassified to conform to the current year’s presentation. Fiscal Reporting Periods We report based on a 52 53 December 31. 2022 52 December 31, 2022, 2021 52 January 1, 2022. third 2022 third 2021 October 1, 2022 October 2, 2021 13 39 Concentrations of Risk Potential exposure to concentrations of risk may 90% third 2022 2021 nine October 1, 2022 October 2, 2021, d for 40% and 33% of net accounts receivable at October 1, 2022 and 59% and 28% January 1, 2022

Note 2 - Net Income Per Share

Note 2 - Net Income Per Share	9 Months Ended
Note 2 - Net Income Per Share	Oct. 01, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	2 Our calculation of the diluted share count includes the number of shares from our equity awards with market conditions or performance conditions that would be issuable under the terms of such awards at the end of the reporting period. For equity awards with a market condition, the number of shares included in the diluted share count as of the end of each period presented is determined by measuring the achievement of the market condition as of the end of the respective reporting periods. See "Note 9 to our consolidated financial statements for further discussion of our equity awards with market conditions or performance conditions. A summary of basic and diluted Net income per share is presented in the following table: Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (in thousands, except per share data) 2022 2021 2022 2021 Net income $ 46,359 $ 26,739 $ 126,969 $ 67,390 Shares used in basic Net income per share 137,267 136,638 137,397 136,476 Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition 2,668 4,994 3,524 5,687 Shares used in diluted Net income per share 139,935 141,632 140,921 142,163 Basic Net income per share $ 0.34 $ 0.20 $ 0.92 $ 0.49 Diluted Net income per share $ 0.33 $ 0.19 $ 0.90 $ 0.47 The computation of diluted Net income per share excludes the effects of stock options, restricted stock units ("RSUs"), Employee Stock Purchase Plan ("ESPP") shares, and equity awards with a market condition or performance condition that are antidilutive, aggregating approximately the following number of shares: Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (in thousands) 2022 2021 2022 2021 Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive 604 358 535 182

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	9 Months Ended
Note 3 - Revenue From Contracts With Customers	Oct. 01, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3 Disaggregation of revenue The following tables provide information about revenue from contracts with customers disaggregated by major class of revenue, revenue by channel, and by geographical market, based on ship-to location of the customer : Three Months Ended Nine Months Ended Revenue by Channel October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Product revenue - Distributors $ 154,417 90 % $ 118,227 90 % $ 433,535 89 % $ 328,174 88 % Product revenue - Direct 12,803 7 % 9,190 7 % 38,263 8 % 33,371 9 % Licensing and services 5,289 3 % 4,494 3 % 12,598 3 % 11,987 3 % Total revenue $ 172,509 100 % $ 131,911 100 % $ 484,396 100 % $ 373,532 100 % Revenue by Geographical Market (In thousands) United States $ 22,918 13 % $ 11,022 8 % $ 61,992 13 % $ 31,804 8 % Other Americas 236 — % 9,239 7 % 4,984 1 % 22,126 6 % Americas 23,154 13 % 20,261 15 % 66,976 14 % 53,930 14 % China 75,933 44 % 76,692 58 % 232,099 48 % 208,632 56 % Japan 26,924 16 % 7,877 6 % 62,784 13 % 24,490 6 % Other Asia 20,003 12 % 14,328 11 % 55,449 11 % 50,620 14 % Asia 122,860 72 % 98,897 75 % 350,332 72 % 283,742 76 % Europe 26,495 15 % 12,753 10 % 67,088 14 % 35,860 10 % Total revenue $ 172,509 100 % $ 131,911 100 % $ 484,396 100 % $ 373,532 100 % Contract balances Our contract assets relate to our rights to consideration for licenses and royalties due to us as a member of the HDMI Founders consortium. The balance results primarily from the amount of estimated revenue related to HDMI that we have recognized to date, but which has not first nine 2022 (In thousands) Contract assets as of Year Ended January 1, 2022 $ 5,672 Revenues recorded during the period 11,499 Transferred to Accounts receivable or collected (10,679 ) Contract assets as of October 1, 2022 $ 6,492 Contract liabilities are included in Accrued expenses on our Consolidated Balance Sheets. The following table summarizes activity during the first nine 2022 (In thousands) Contract liabilities as of Year Ended January 1, 2022 $ 4,768 Accruals for estimated future stock rotation and scrap returns 4,268 Less: Release of accruals for recognized stock rotation and scrap returns (3,144 ) Contract liabilities as of October 1, 2022 $ 5,892

Note 4 - Balance Sheet Componen

Note 4 - Balance Sheet Components	9 Months Ended
Note 4 - Balance Sheet Components	Oct. 01, 2022
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	4 Accounts Receivable Accounts receivable do not 2021 10 October 1, January 1, (In thousands) 2022 2022 Accounts receivable $ 100,446 $ 79,859 Less: Allowance for credit losses — — Accounts receivable, net of allowance for credit losses $ 100,446 $ 79,859 Inventories October 1, January 1, (In thousands) 2022 2022 Work in progress $ 60,798 $ 43,546 Finished goods 33,166 24,048 Total inventories, net $ 93,964 $ 67,594 Accrued Expenses Included in Accrued expenses in the Consolidated Balance Sheets are the following balances: October 1, January 1, (In thousands) 2022 2022 Liability for non-cancelable contracts $ 10,139 $ 9,930 Current portion of operating lease liabilities 5,843 5,696 Contract liability under ASC 606 5,892 4,768 Taxes payable 3,669 3,058 Other accrued expenses 9,584 2,992 Total accrued expenses $ 35,127 $ 26,444 Property and Equipment – Geographic Information Our Property and equipment, net by country at the end of each period was as follows: October 1, January 1, (In thousands) 2022 2022 United States $ 30,829 $ 26,509 Taiwan 8,706 6,555 Philippines 3,178 2,498 China 1,362 1,643 Other 1,142 889 Total foreign property and equipment, net 14,388 11,585 Total property and equipment, net $ 45,217 $ 38,094 Cloud Based Computing Implementation Costs We capitalize the implementation costs for cloud computing arrangements, which are recorded in Prepaid expenses and other current assets and Other long-term assets on our Consolidated Balance Sheets. The following table summarizes activity during the first nine 2022 (In thousands) Cloud based computing implementation costs as of January 1, 2022 $ 2,380 Costs capitalized 61 Amortization (625 ) Cloud based computing implementation costs as of October 1, 2022 $ 1,816

Note 5 - Long-term Debt

Note 5 - Long-term Debt	9 Months Ended
Note 5 - Long-term Debt	Oct. 01, 2022
Notes to Financial Statements
Long-Term Debt [Text Block]	5 On September 1, 2022, “2022 five not We drew down an initial $150 million revolving loan at closing, which we used along with $1.9 million of cash to (i) repay the $150.5 million term loan, revolving loan, and accrued interest obligations outstanding under our previous Credit Agreement (the “2019 2022 At our option, the revolving loans accrue interest at a per annum rate based on ranges determined by our consolidated total leverage ratio of either (i) the base rate (as defined in the 2022 1, 3 6 three three In addition, we pay a quarterly commitment fee of 0.20% on the unused portion of the revolving facility. With the amendment of our 2019 2022 third 2022. twelve twelve The revolving loans under the 2022 may September 1, 2027. During the first six 2022 , we paid required quarterly installments totaling $8.8 million on the term loans outstanding under the 2019 The fair value of our long-term debt approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows: October 1, January 1, (In thousands) 2022 2022 Principal amount $ 150,000 $ 158,750 Unamortized original issuance discount and debt costs (1,315 ) (817 ) Less: Current portion of long-term debt — (17,173 ) Long-term debt, net of current portion and unamortized debt issue costs $ 148,685 $ 140,760 As of October 1, 2022 on the revolving loan was 3.94%. Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Contractual interest $ 1,328 $ 568 $ 2,690 $ 1,753 Amortization of original issuance discount and debt costs 76 90 243 274 Total interest expense related to long-term debt $ 1,404 $ 658 $ 2,933 $ 2,027

Note 6 - Restructuring

Note 6 - Restructuring	9 Months Ended
Note 6 - Restructuring	Oct. 01, 2022
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	6 In September 2022, Q2 2019 third first nine 2022. Q2 2019 third first nine 2021. through October 1, 2022 Q2 2019 Under the June 2017 2021 10 third 2022 third 2022 2021, first nine 2022 2021, through October 1, 2022 under June 2017 These expenses were recorded to Restructuring charges on our Consolidated Statements of Operations. The restructuring accrual balance is presented in Accrued expenses and in Other long-term liabilities on our Consolidated Balance Sheets. The following table displays the activity related to our restructuring plans: (In thousands) Severance & Related (1) Lease Termination & Fixed Assets Other (2) Total Accrued Restructuring at January 1, 2022 $ 251 $ 7,130 $ — $ 7,381 Restructuring charges 303 1,562 640 2,505 Costs paid or otherwise settled (154 ) (2,477 ) — (2,631 ) Accrued Restructuring at October 1, 2022 $ 400 $ 6,215 $ 640 $ 7,255 Accrued Restructuring at January 2, 2021 $ 246 $ 8,233 $ 664 $ 9,143 Restructuring charges 15 531 — 546 Costs paid or otherwise settled (165 ) (1,346 ) (664 ) (2,175 ) Accrued Restructuring at October 2, 2021 $ 96 $ 7,418 $ — $ 7,514 ( 1 Includes employee relocation and outplacement costs ( 2 Includes termination fees on the cancellation of certain contracts

Note 7 - Leases

Note 7 - Leases	9 Months Ended
Note 7 - Leases	Oct. 01, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	7 We have operating leases for corporate offices, sales offices, research and development facilities, storage facilities, and a data center, the terms of which are described in our 2021 10 2028, October 1, 2022 We recorded fixed operating lease expenses of $1.9 million and $2.0 million for the third 2022 2021, first nine 2022 2021, The following table presents the lease balance classifications within the Consolidated Balance Sheets and summarizes their activity during the first nine 2022 Operating lease right-of-use assets (in thousands) Balance as of January 1, 2022 $ 23,818 Right-of-use assets obtained for new lease contracts during the period 639 Amortization of right-of-use assets during the period (4,995 ) Impairment of right-of use asset during the period (recorded in Restructuring charges) (1,149 ) Adjustments for present value and foreign currency effects (941 ) Balance as of October 1, 2022 $ 17,372 Operating lease liabilities (in thousands) Balance as of January 1, 2022 $ 24,944 Lease liabilities incurred for new lease contracts during the period 639 Accretion of lease liabilities 849 Operating cash used by payments on lease liabilities (5,500 ) Adjustments for present value and foreign currency effects (920 ) Balance as of October 1, 2022 20,012 Less: Current portion of operating lease liabilities (included in Accrued expenses) (5,843 ) Long-term operating lease liabilities, net of current portion $ 14,169 Maturities of operating lease liabilities as of October 1, 2022 Fiscal year (in thousands) 2022 (Remaining quarter) 1,305 2023 7,333 2024 5,331 2025 3,608 2026 2,549 Thereafter 2,103 Total lease payments 22,229 Less: amount representing interest (2,217 ) Total lease liabilities $ 20,012 Lease obligations for facilities restructured prior to the adoption of Topic 842 $6.2 October 1, 2022

Note 8 - Intangible Assets

Note 8 - Intangible Assets	9 Months Ended
Note 8 - Intangible Assets	Oct. 01, 2022
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	8 In connection with our acquisition of Mirametrix, Inc. in November 2021, 2021. October 1, 2022 January 1, 2022, $139.2 third We recorded amortization expense related to intangible assets on the Consolidated Statements of Operations as presented in the following table: Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Research and development $ 264 $ 223 $ 789 $ 644 Amortization of acquired intangible assets 869 603 2,908 1,809 $ 1,133 $ 826 $ 3,697 $ 2,453

Note 9 - Stock-based Compensati

Note 9 - Stock-based Compensation	9 Months Ended
Note 9 - Stock-based Compensation	Oct. 01, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 9 tion Total stock-based compensation expense included in our Consolidated Statements of Operations is presented in the following table: Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Cost of revenue $ 880 $ 653 $ 2,705 $ 2,144 Research and development 4,925 3,463 14,461 10,199 Selling, general, and administrative 8,153 6,134 24,041 20,281 Total stock-based compensation $ 13,958 $ 10,250 $ 41,207 $ 32,624 Market-Based and Performance-Based Stock Compensation In the first 2022, three 2000 third may 75th 55th zero 25th 25th 75th In the first nine 2022, first 2022 , the market condition for awards granted to certain executives in the first 2019 percentile of their TSR condition, and the third first 2022 , the market condition for awards granted to certain executives in the first 2020 percentile of their TSR condition, and the first first 2022, fourth four two four second 2022, fifth sixth two four two four third 2022 , the market condition for awards granted to certain executives in the third 2019 75 percentile of their TSR condition, and the third For our awards with a market condition or a performance condition, we incurred stock compensation expense of approximately $5.5 million and $4.0 million in the third 2022 2021, first nine 2022 2021, The following table summarizes the activity for our awards with a market condition or performance condition: (Shares in thousands) Total Balance, January 1, 2022 1,246 Granted 183 Effect of vesting multiplier 642 Vested (1,083 ) Balance, October 1, 2022 988

Note 10 - Common Stock Repurcha

Note 10 - Common Stock Repurchase Program	9 Months Ended
Note 10 - Common Stock Repurchase Program	Oct. 01, 2022
Notes to Financial Statements
Treasury Stock [Text Block]	Note 10 On November 8, 2021, "2022 2022 December 2022. 2022 third 2022, October 1, 2022 2022 On August 8, 2022, "2023 2023 December 2023. 2023 third 2022, October 1, 2022 2023 Under these plans during the first nine 2022, 2022 2023 third 2022.

Note 11 - Income Taxes

Note 11 - Income Taxes	9 Months Ended
Note 11 - Income Taxes	Oct. 01, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	11 We are subject to federal and state income tax as well as income tax in the foreign jurisdictions in which we operate. For the third 2022 2021 first nine 2022 2021 three nine October 1, 2022 October 2, 2021 three nine October 1, 2022 three nine October 2, 2021 We updated our evaluation of the valuation allowance position in the United States through October 1, 2022 not not Our liability recorded for uncertain tax positions (including penalties and interest) wa s $21.2 million and $21.6 million a October 1, 2022 January 1, 2022

Note 12 - Contingencies

Note 12 - Contingencies	9 Months Ended
Note 12 - Contingencies	Oct. 01, 2022
Notes to Financial Statements
Contingencies Disclosure [Text Block]	12 Legal Matters On or about December 19, 2018, 2008. January 2019, not From time to time, we are exposed to certain additional asserted and unasserted potential claims. We review the status of each significant matter and assess its potential financial exposure. If the potential loss from any claim or legal proceeding is considered probable and a range of possible losses can be estimated, we then accrue a liability for the estimated loss. Legal proceedings are subject to uncertainties, and the outcomes are difficult to predict. Because of such uncertainties, accruals are based only on the best information available at the time. As additional information becomes available, we reassess the potential liability related to pending claims and litigation and may

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Oct. 01, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation and Use of Estimates The accompanying Consolidated Financial Statements are unaudited and have been prepared in accordance with U.S. Generally Accepted Accounting Principles ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). In our opinion, they include all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of results for the interim periods. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted as permitted by the SEC's rules and regulations for interim reporting. These Consolidated Financial Statements should be read in conjunction with our audited financial statements and notes thereto included in our Annual Report on Form 10 January 1, 2022 (" 2021 10 The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments affecting the amounts reported in our consolidated condensed financial statements and the accompanying notes. We base our estimates and judgments on historical experience, knowledge of current conditions, and our beliefs of what could occur in the future considering available information. While we believe that our estimates, assumptions, and judgments are reasonable, they are based on information available when made, and because of the uncertainty inherent in these matters, the actual results that we experience may We describe our accounting methods and practices in more detail in our 2021 10 no 2021 10 November 2021 may Certain prior year balances have been reclassified to conform to the current year’s presentation.
Fiscal Period, Policy [Policy Text Block]	Fiscal Reporting Periods We report based on a 52 53 December 31. 2022 52 December 31, 2022, 2021 52 January 1, 2022. third 2022 third 2021 October 1, 2022 October 2, 2021 13 39
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Risk Potential exposure to concentrations of risk may 90% third 2022 2021 nine October 1, 2022 October 2, 2021, d for 40% and 33% of net accounts receivable at October 1, 2022 and 59% and 28% January 1, 2022

Note 2 - Net Income Per Share (

Note 2 - Net Income Per Share (Tables)	9 Months Ended
Note 2 - Net Income Per Share (Tables)	Oct. 01, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (in thousands, except per share data) 2022 2021 2022 2021 Net income $ 46,359 $ 26,739 $ 126,969 $ 67,390 Shares used in basic Net income per share 137,267 136,638 137,397 136,476 Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition 2,668 4,994 3,524 5,687 Shares used in diluted Net income per share 139,935 141,632 140,921 142,163 Basic Net income per share $ 0.34 $ 0.20 $ 0.92 $ 0.49 Diluted Net income per share $ 0.33 $ 0.19 $ 0.90 $ 0.47 Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (in thousands) 2022 2021 2022 2021 Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive 604 358 535 182

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	9 Months Ended
Note 3 - Revenue From Contracts With Customers (Tables)	Oct. 01, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Nine Months Ended Revenue by Channel October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Product revenue - Distributors $ 154,417 90 % $ 118,227 90 % $ 433,535 89 % $ 328,174 88 % Product revenue - Direct 12,803 7 % 9,190 7 % 38,263 8 % 33,371 9 % Licensing and services 5,289 3 % 4,494 3 % 12,598 3 % 11,987 3 % Total revenue $ 172,509 100 % $ 131,911 100 % $ 484,396 100 % $ 373,532 100 % Revenue by Geographical Market (In thousands) United States $ 22,918 13 % $ 11,022 8 % $ 61,992 13 % $ 31,804 8 % Other Americas 236 — % 9,239 7 % 4,984 1 % 22,126 6 % Americas 23,154 13 % 20,261 15 % 66,976 14 % 53,930 14 % China 75,933 44 % 76,692 58 % 232,099 48 % 208,632 56 % Japan 26,924 16 % 7,877 6 % 62,784 13 % 24,490 6 % Other Asia 20,003 12 % 14,328 11 % 55,449 11 % 50,620 14 % Asia 122,860 72 % 98,897 75 % 350,332 72 % 283,742 76 % Europe 26,495 15 % 12,753 10 % 67,088 14 % 35,860 10 % Total revenue $ 172,509 100 % $ 131,911 100 % $ 484,396 100 % $ 373,532 100 %
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	(In thousands) Contract assets as of Year Ended January 1, 2022 $ 5,672 Revenues recorded during the period 11,499 Transferred to Accounts receivable or collected (10,679 ) Contract assets as of October 1, 2022 $ 6,492 (In thousands) Contract liabilities as of Year Ended January 1, 2022 $ 4,768 Accruals for estimated future stock rotation and scrap returns 4,268 Less: Release of accruals for recognized stock rotation and scrap returns (3,144 ) Contract liabilities as of October 1, 2022 $ 5,892

Note 4 - Balance Sheet Compon_2

Note 4 - Balance Sheet Components (Tables)	9 Months Ended
Note 4 - Balance Sheet Components (Tables)	Oct. 01, 2022
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	October 1, January 1, (In thousands) 2022 2022 Accounts receivable $ 100,446 $ 79,859 Less: Allowance for credit losses — — Accounts receivable, net of allowance for credit losses $ 100,446 $ 79,859
Schedule of Inventory, Current [Table Text Block]	October 1, January 1, (In thousands) 2022 2022 Work in progress $ 60,798 $ 43,546 Finished goods 33,166 24,048 Total inventories, net $ 93,964 $ 67,594
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	October 1, January 1, (In thousands) 2022 2022 Liability for non-cancelable contracts $ 10,139 $ 9,930 Current portion of operating lease liabilities 5,843 5,696 Contract liability under ASC 606 5,892 4,768 Taxes payable 3,669 3,058 Other accrued expenses 9,584 2,992 Total accrued expenses $ 35,127 $ 26,444
Property, Plant and Equipment [Table Text Block]	October 1, January 1, (In thousands) 2022 2022 United States $ 30,829 $ 26,509 Taiwan 8,706 6,555 Philippines 3,178 2,498 China 1,362 1,643 Other 1,142 889 Total foreign property and equipment, net 14,388 11,585 Total property and equipment, net $ 45,217 $ 38,094
Schedule of Capitalized Software Costs [Table Text Block]	(In thousands) Cloud based computing implementation costs as of January 1, 2022 $ 2,380 Costs capitalized 61 Amortization (625 ) Cloud based computing implementation costs as of October 1, 2022 $ 1,816

Note 5 - Long-term Debt (Tables

Note 5 - Long-term Debt (Tables)	9 Months Ended
Note 5 - Long-term Debt (Tables)	Oct. 01, 2022
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	October 1, January 1, (In thousands) 2022 2022 Principal amount $ 150,000 $ 158,750 Unamortized original issuance discount and debt costs (1,315 ) (817 ) Less: Current portion of long-term debt — (17,173 ) Long-term debt, net of current portion and unamortized debt issue costs $ 148,685 $ 140,760
Interest Income and Interest Expense Disclosure [Table Text Block]	Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Contractual interest $ 1,328 $ 568 $ 2,690 $ 1,753 Amortization of original issuance discount and debt costs 76 90 243 274 Total interest expense related to long-term debt $ 1,404 $ 658 $ 2,933 $ 2,027

Note 6 - Restructuring (Tables)

Note 6 - Restructuring (Tables)	9 Months Ended
Note 6 - Restructuring (Tables)	Oct. 01, 2022
Notes Tables
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	(In thousands) Severance & Related (1) Lease Termination & Fixed Assets Other (2) Total Accrued Restructuring at January 1, 2022 $ 251 $ 7,130 $ — $ 7,381 Restructuring charges 303 1,562 640 2,505 Costs paid or otherwise settled (154 ) (2,477 ) — (2,631 ) Accrued Restructuring at October 1, 2022 $ 400 $ 6,215 $ 640 $ 7,255 Accrued Restructuring at January 2, 2021 $ 246 $ 8,233 $ 664 $ 9,143 Restructuring charges 15 531 — 546 Costs paid or otherwise settled (165 ) (1,346 ) (664 ) (2,175 ) Accrued Restructuring at October 2, 2021 $ 96 $ 7,418 $ — $ 7,514

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	9 Months Ended
Note 7 - Leases (Tables)	Oct. 01, 2022
Notes Tables
Lessee, Operating Lease Right-of-Use Assets and Liabilities [Table Text Block]	Operating lease right-of-use assets (in thousands) Balance as of January 1, 2022 $ 23,818 Right-of-use assets obtained for new lease contracts during the period 639 Amortization of right-of-use assets during the period (4,995 ) Impairment of right-of use asset during the period (recorded in Restructuring charges) (1,149 ) Adjustments for present value and foreign currency effects (941 ) Balance as of October 1, 2022 $ 17,372 Operating lease liabilities (in thousands) Balance as of January 1, 2022 $ 24,944 Lease liabilities incurred for new lease contracts during the period 639 Accretion of lease liabilities 849 Operating cash used by payments on lease liabilities (5,500 ) Adjustments for present value and foreign currency effects (920 ) Balance as of October 1, 2022 20,012 Less: Current portion of operating lease liabilities (included in Accrued expenses) (5,843 ) Long-term operating lease liabilities, net of current portion $ 14,169
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Fiscal year (in thousands) 2022 (Remaining quarter) 1,305 2023 7,333 2024 5,331 2025 3,608 2026 2,549 Thereafter 2,103 Total lease payments 22,229 Less: amount representing interest (2,217 ) Total lease liabilities $ 20,012

Note 8 - Intangible Assets (Tab

Note 8 - Intangible Assets (Tables)	9 Months Ended
Note 8 - Intangible Assets (Tables)	Oct. 01, 2022
Notes Tables
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]	Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Research and development $ 264 $ 223 $ 789 $ 644 Amortization of acquired intangible assets 869 603 2,908 1,809 $ 1,133 $ 826 $ 3,697 $ 2,453

Note 9 - Stock-based Compensa_2

Note 9 - Stock-based Compensation (Tables)	9 Months Ended
Note 9 - Stock-based Compensation (Tables)	Oct. 01, 2022
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended Nine Months Ended October 1, October 2, October 1, October 2, (In thousands) 2022 2021 2022 2021 Cost of revenue $ 880 $ 653 $ 2,705 $ 2,144 Research and development 4,925 3,463 14,461 10,199 Selling, general, and administrative 8,153 6,134 24,041 20,281 Total stock-based compensation $ 13,958 $ 10,250 $ 41,207 $ 32,624
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block]	(Shares in thousands) Total Balance, January 1, 2022 1,246 Granted 183 Effect of vesting multiplier 642 Vested (1,083 ) Balance, October 1, 2022 988

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - Sell-through Distributors Concentration Risk [Member]	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Jul. 02, 2022	Oct. 01, 2022	Oct. 01, 2021	Jan. 01, 2022
Accounts Receivable [Member] \| Distributors [Member]
Concentration Risk, Percentage	90%	90%		89%	88%
Accounts Receivable [Member] \| Large Distributor One [Member]
Concentration Risk, Percentage				40%		59%
Accounts Receivable [Member] \| Large Distributor Two [Member]
Concentration Risk, Percentage				33%		28%
Revenue Benchmark [Member]
Number of Distributors			2

Note 2 - Net Income Per Share -

Note 2 - Net Income Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				9 Months Ended
	Oct. 01, 2022	Jul. 02, 2022	Oct. 02, 2021	Jul. 03, 2021	Oct. 01, 2022	Oct. 02, 2021
Net income	$ 46,359	$ 46,359	$ 26,739	$ 26,739	$ 126,969	$ 67,390
Shares used in basic Net income per share (in shares)	137,267	137,267	136,638	136,638	137,397	136,476
Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition (in shares)	2,668		4,994		3,524	5,687
Shares used in diluted Net income per share (in shares)	139,935	139,935	141,632	141,632	140,921	142,163
Basic (in dollars per share)	$ 0.34	$ 0.34	$ 0.20	$ 0.20	$ 0.92	$ 0.49
Diluted (in dollars per share)	$ 0.33	$ 0.33	$ 0.19	$ 0.19	$ 0.90	$ 0.47
Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive (in shares)	604		358		535	182

Note 3 - Revenue From Contrac_3

Note 3 - Revenue From Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Oct. 01, 2022	Jul. 02, 2022	Oct. 02, 2021	Jul. 03, 2021	Oct. 01, 2022	Oct. 02, 2021
Revenue	$ 172,509	$ 172,509	$ 131,911	$ 131,911	$ 484,396	$ 373,532
Percentage of revenue	100%		100%		100%	100%
UNITED STATES
Revenue	$ 22,918		$ 11,022		$ 61,992	$ 31,804
Percentage of revenue	13%		8%		13%	8%
Other Americas [Member]
Revenue	$ 236		$ 9,239		$ 4,984	$ 22,126
Percentage of revenue	0%		7%		1%	6%
Americas [Member]
Revenue	$ 23,154		$ 20,261		$ 66,976	$ 53,930
Percentage of revenue	13%		15%		14%	14%
CHINA
Revenue	$ 75,933		$ 76,692		$ 232,099	$ 208,632
Percentage of revenue	44%		58%		48%	56%
JAPAN
Revenue	$ 26,924		$ 7,877		$ 62,784	$ 24,490
Percentage of revenue	16%		6%		13%	6%
Other Asia [Member]
Revenue	$ 20,003		$ 14,328		$ 55,449	$ 50,620
Percentage of revenue	12%		11%		11%	14%
Asia [Member]
Revenue	$ 122,860		$ 98,897		$ 350,332	$ 283,742
Percentage of revenue	72%		75%		72%	76%
Europe [Member]
Revenue	$ 26,495		$ 12,753		$ 67,088	$ 35,860
Percentage of revenue	15%		10%		14%	10%
Product [Member] \| Sales Channel, Through Intermediary [Member]
Revenue	$ 154,417		$ 118,227		$ 433,535	$ 328,174
Percentage of revenue	90%		90%		89%	88%
Product [Member] \| Sales Channel, Directly to Consumer [Member]
Revenue	$ 12,803		$ 9,190		$ 38,263	$ 33,371
Percentage of revenue	7%		7%		8%	9%
License and Service [Member]
Revenue	$ 5,289		$ 4,494		$ 12,598	$ 11,987
Percentage of revenue	3%		3%		3%	3%

Note 3 - Revenue From Contrac_4

Note 3 - Revenue From Contracts With Customers - Contract Balance (Details) $ in Thousands	9 Months Ended
	Oct. 01, 2022 USD ($)
Contract assets, balance	$ 5,672
Revenues recorded during the period	11,499
Transferred to Accounts receivable or collected	(10,679)
Contract assets as of October 1, 2022	6,492
Contract liabilities, balance	4,768
Accruals for estimated future stock rotation and scrap returns	4,268
Less: Release of accruals for recognized stock rotation and scrap returns	(3,144)
Contract liabilities as of October 1, 2022	$ 5,892

Note 4 - Balance Sheet Compon_3

Note 4 - Balance Sheet Components - Accounts Receivable (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Accounts receivable	$ 100,446	$ 79,859
Less: Allowance for credit losses	0	0
Accounts receivable, net of allowance for credit losses	$ 100,446	$ 79,859

Note 4 - Balance Sheet Compon_4

Note 4 - Balance Sheet Components - Inventories (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Work in progress	$ 60,798	$ 43,546
Finished goods	33,166	24,048
Total inventories, net	$ 93,964	$ 67,594

Note 4 - Balance Sheet Compon_5

Note 4 - Balance Sheet Components - Accrued Expenses (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Liability for non-cancelable contracts	$ 10,139	$ 9,930
Contract liability under ASC 606	5,892	4,768
Taxes payable	3,669	3,058
Other accrued expenses	9,584	2,992
Total accrued expenses	35,127	26,444
Accrued Liabilities [Member]
Current portion of operating lease liabilities	$ 5,843	$ 5,696

Note 4 - Balance Sheet Compon_6

Note 4 - Balance Sheet Components - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Property, Plant and Equipment, Net	$ 45,217	$ 38,094
UNITED STATES
Property, Plant and Equipment, Net	30,829	26,509
TAIWAN
Property, Plant and Equipment, Net	8,706	6,555
PHILIPPINES
Property, Plant and Equipment, Net	3,178	2,498
CHINA
Property, Plant and Equipment, Net	1,362	1,643
Other [Member]
Property, Plant and Equipment, Net	1,142	889
Foreign Countries [Member]
Property, Plant and Equipment, Net	$ 14,388	$ 11,585

Note 4 - Balance Sheet Compon_7

Note 4 - Balance Sheet Components - Capitalized Software Costs (Details) $ in Thousands	9 Months Ended
	Oct. 01, 2022 USD ($)
Cloud based computing implementation costs as of January 1, 2022	$ 2,380
Costs capitalized	61
Amortization	(625)
Cloud based computing implementation costs as of October 1, 2022	$ 1,816

Note 5 - Long-term Debt (Detail

Note 5 - Long-term Debt (Details Textual) - USD ($) $ in Millions		6 Months Ended
	Sep. 01, 2022	Jul. 02, 2022	Oct. 01, 2022
The 2022 Credit Agreement [Member[ \| Other (Expense) Income, Net [Member]
Amortization of Debt Issuance Costs and Discounts, Total	$ 0.7
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member]
Debt Instrument, Term (Year)	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 350
Proceeds from Lines of Credit, Total	150
Debt Instrument, Fee Amount	$ 1.4
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.20%
Debt Issuance Costs, Gross	$ 0.9
Line of Credit Facility, Interest Rate at Period End			3.94%
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member] \| Minimum [Member] \| Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.25%
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member] \| Minimum [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member] \| Maximum [Member] \| Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1%
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member] \| Maximum [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	2%
The 2022 Credit Agreement [Member[ \| Revolving Credit Facility [Member] \| Secured Term Loan [Member]
Debt Instrument, Periodic Payment, Total		$ 8.8
Credit Agreement, May 17, 2019 [Member] \| Term Loan [Member]
Repayments of Fees and Accrued Interest	$ 1.9
Extinguishment of Debt and Accrued Interest, Amount	$ 150.5

Note 5 - Long-term Debt - Fair

Note 5 - Long-term Debt - Fair Value of Long-term Debt (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Jan. 01, 2022
Principal amount	$ 150,000	$ 158,750
Unamortized original issuance discount and debt costs	(1,315)	(817)
Less: Current portion of long-term debt	0	(17,173)
Long-term debt, net of current portion and unamortized debt issue costs	$ 148,685	$ 140,760

Note 5 - Long-term Debt - Inter

Note 5 - Long-term Debt - Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021
Contractual interest	$ 1,328	$ 568	$ 2,690	$ 1,753
Amortization of original issuance discount and debt costs	76	90	243	274
Total interest expense related to long-term debt	$ 1,404	$ 658	$ 2,933	$ 2,027

Note 6 - Restructuring (Details

Note 6 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended					9 Months Ended
	Oct. 02, 2022	Oct. 01, 2022	Jul. 02, 2022	Oct. 02, 2021	Jul. 03, 2021	Oct. 02, 2022	Oct. 01, 2022	Oct. 02, 2021
Restructuring Charges, Total			$ 2,315		$ 166		$ 2,505	$ 546
Operating Lease, Impairment Loss							1,149	0
Q2 2019 Sales Plan [Member]
Restructuring and Related Cost, Incurred Cost		$ 1,000					1,000
Restructuring Charges, Total	$ 0					$ 0
Restructuring and Related Cost, Cost Incurred to Date		3,100					3,100
June 2017 Plan [Member]
Restructuring and Related Cost, Incurred Cost		1,300		$ 100			$ 1,600	500
Restructuring and Related Cost, Cost Incurred to Date				$ 23,200				$ 23,200
June 2017 Plan [Member] \| San Jose [Member]
Operating Lease, Impairment Loss		$ 1,100

Note 6 - Restructuring - Activi

Note 6 - Restructuring - Activity Related to Restructuring Plans (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jul. 02, 2022	Jul. 03, 2021	Oct. 01, 2022	Oct. 02, 2021
Restructuring charges		$ 2,315	$ 166	$ 2,505	$ 546
Employee Severance [Member]
Accrued Restructuring	[1]			251	246
Restructuring charges	[1]			303	15
Costs paid or otherwise settled	[1]			(154)	(165)
Accrued Restructuring	[1]			400	96
Lease Termination and Fixed Assets [Member]
Accrued Restructuring				7,130	8,233
Restructuring charges				1,562	531
Costs paid or otherwise settled				(2,477)	(1,346)
Accrued Restructuring				6,215	7,418
Software Contracts and Engineering Tools [Member]
Accrued Restructuring	[2]			0	664
Restructuring charges	[2]			640	0
Costs paid or otherwise settled	[2]			0	(664)
Accrued Restructuring	[2]			640	0
Other Restructuring [Member]
Accrued Restructuring				7,381	9,143
Restructuring charges				2,505	546
Costs paid or otherwise settled				(2,631)	(2,175)
Accrued Restructuring				$ 7,255	$ 7,514

[1]Includes employee relocation and outplacement costs.[2]Includes termination fees on the cancellation of certain contracts under previous restructuring plans

Note 7 - Leases (Details Textua

Note 7 - Leases (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Note 7 - Leases (Details Textual) - USD ($) $ in Millions	Oct. 01, 2022	Oct. 01, 2021	Oct. 01, 2022	Oct. 01, 2021
Operating Lease, Weighted Average Remaining Lease Term (Year)	3 years 7 months 6 days		3 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	5.40%		5.40%
Operating Lease, Cost	$ 1.9	$ 2	$ 5.8	$ 5.9
Operating Lease Liability for Previously Restructured Facilities	$ 6.2		$ 6.2

Note 7 - Leases - Lease Balance

Note 7 - Leases - Lease Balance Classifications Within the Consolidated Balance Sheets and Lease Activity (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2022	Oct. 01, 2022	Oct. 02, 2021	Jan. 01, 2022
Balance	$ 23,818	$ 23,818
Right-of-use assets obtained for new lease contracts during the period		639
Amortization of right-of-use assets during the period		(4,995)	$ (4,926)
Impairment of right-of use asset during the period (recorded in Restructuring charges)		(1,149)	0
Adjustments for present value and foreign currency effects		(941)
Balance		17,372
Balance	24,944	24,944
Lease liabilities incurred for new lease contracts during the period	639
Accretion of lease liabilities	849
Operating cash used by payments on lease liabilities	(5,500)	(5,500)	$ (5,786)
Adjustments for present value and foreign currency effects	(920)
Balance	20,012	20,012
Long-term operating lease liabilities, net of current portion	14,169	$ 14,169		$ 19,248
Accounts Payable and Accrued Liabilities [Member]
Less: Current portion of operating lease liabilities (included in Accrued expenses)	$ (5,843)

Note 7 - Leases - Maturities of

Note 7 - Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Oct. 03, 2022	Oct. 01, 2022	Jan. 01, 2022
2022 (Remaining quarter)		$ 1,305
2023		7,333
2024		5,331
2025		3,608
2026		2,549
Thereafter		2,103
Total lease payments		22,229
Less: amount representing interest		(2,217)
Total lease liabilities	$ 20,012	$ 20,012	$ 24,944

Note 8 - Intangible Assets (Det

Note 8 - Intangible Assets (Details Textual) - USD ($) $ in Millions	Oct. 01, 2022	Jan. 01, 2022
Finite-Lived Intangible Assets, Accumulated Amortization	$ 139.2	$ 135.5

Note 8 - Intangible Assets - Am

Note 8 - Intangible Assets - Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021
Amortization of intangible assets	$ 1,133	$ 826	$ 3,697	$ 2,453
Research and Development Expense [Member]
Amortization of intangible assets	264	223	789	644
Amortization of Acquired Intangible Assets [Member]
Amortization of intangible assets	$ 869	$ 603	$ 2,908	$ 1,809

Note 9 - Stock-based Compensa_3

Note 9 - Stock-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021
Share-Based Payment Arrangement, Expense			$ 13,958	$ 10,250	$ 41,207	$ 32,624
Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					3 years
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					75%
Share-Based Payment Arrangement, Expense	$ 5,500	$ 4,000			$ 18,400	$ 15,300
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					75%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Based on Market Conditions					100%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					55%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Based on Market Conditions					200%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					25%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage					0%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved	200%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Minimum [Member] \| TSR Relative To PHLX Semiconductor Sector Index, 75th Percentile [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Based on Market Conditions					250%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Minimum [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					25%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved	250%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Maximum [Member] \| TSR Relative To PHLX Semiconductor Sector Index, 75th Percentile [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Based on Market Conditions					200%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Maximum [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					250%
Restricted Stock Units (RSUs) [Member] \| Executive Officer [Member] \| Maximum [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved					75%
Performance Shares Granted in 2018 [Member] \| Executive Officer [Member] \| Minimum [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage, Based on Market Conditions					200%
Performance Shares [Member] \| Share-Based Payment Arrangement, Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage					40%
Performance Shares [Member] \| Share-Based Payment Arrangement, Tranche Five [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage					40%
Performance Shares [Member] \| Share-Based Payment Arrangement, Tranche Six [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage					70%

Note 9 - Stock-based Compensa_4

Note 9 - Stock-based Compensation - Stock-based Compensation (Details) - USD ($) $ in Thousands	6 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021
Total stock-based compensation	$ 13,958	$ 10,250	$ 41,207	$ 32,624
Cost of Sales [Member]
Total stock-based compensation	880	653	2,705	2,144
Research and Development Expense [Member]
Total stock-based compensation	4,925	3,463	14,461	10,199
Selling, General and Administrative Expenses [Member]
Total stock-based compensation	$ 8,153	$ 6,134	$ 24,041	$ 20,281

Note 9 - Stock-based Compensa_5

Note 9 - Stock-based Compensation - Share Based Compensation Performance Shares Award Outstanding (Details) - Performance Shares [Member] shares in Thousands	9 Months Ended
	Oct. 01, 2022 shares
Balance, Shares (in shares)	1,246
Granted, Shares (in shares)	183
Effect of vesting multiplier, Shares (in shares)	642
Vested, Shares (in shares)	(1,083)
Balance, Shares (in shares)	988

Note 10 - Common Stock Repurc_2

Note 10 - Common Stock Repurchase Program (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2022	Oct. 02, 2021	Oct. 01, 2022	Oct. 02, 2021	Aug. 08, 2022	Nov. 08, 2021
Stock Repurchased and Retired During Period, Value	$ 39,976	$ 15,013	$ 90,137	$ 55,126
Repurchase Program 2022 [Member]
Stock Repurchase Program, Authorized Amount						$ 100,000
Stock Repurchased and Retired During Period, Shares (in shares)	680,098
Stock Repurchased and Retired During Period, Value	$ 39,700
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)	$ 58.40
Repurchase Program 2023 [Member]
Stock Repurchase Program, Authorized Amount					$ 150,000
Stock Repurchased and Retired During Period, Shares (in shares)	4,829
Stock Repurchased and Retired During Period, Value	$ 300
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)	$ 54.08
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 149,700		$ 149,700
Share Repurchase Program 2022 and 2023 [Member]
Stock Repurchased and Retired During Period, Shares (in shares)			1,663,282
Stock Repurchased and Retired During Period, Value			$ 90,100
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)			$ 54.19

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Oct. 01, 2022	Jul. 02, 2022	Oct. 02, 2021	Jul. 03, 2021	Oct. 01, 2022	Oct. 02, 2021	Jan. 01, 2022
Income Tax Expense (Benefit), Total	$ 400	$ 356	$ (500)	$ (472)	$ 2,431	$ 1,125
Other Noncurrent Liabilities [Member]
Liability for Uncertainty in Income Taxes, Noncurrent	21,200				$ 21,200
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total							$ 21,600
Domestic Tax Authority [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent					21%
Foreign Tax Authority [Member]
Deferred Tax Assets, Valuation Allowance, Total	$ 0				$ 0

Note 12 - Contingencies (Detail

Note 12 - Contingencies (Details Textual) - Action in Oregon in Connection with Sale of Certain Products [Member] $ in Millions	9 Months Ended
	Oct. 01, 2022 USD ($)
Minimum [Member]
Loss Contingency, Damages Sought, Value	$ 155
Maximum [Member]
Loss Contingency, Damages Sought, Value	$ 268