Lattice Semiconductor (LSCC) 10-Q1 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jul. 01, 2023	Jul. 25, 2023
Document Information [Line Items]
Entity Central Index Key	0000855658
Entity Registrant Name	Lattice Semiconductor Corp
Amendment Flag	false
Current Fiscal Year End Date	--12-30
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 01, 2023
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		137,836,903

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Revenue	$ 190,079	$ 161,372	$ 374,389	$ 311,887
Cost of revenue	57,518	50,887	113,227	100,635
Gross margin	132,561	110,485	261,162	211,252
Operating expenses:
Research and development	41,946	33,613	77,935	66,168
Selling, general, and administrative	36,788	29,024	69,366	57,795
Amortization of acquired intangible assets	869	870	1,739	2,039
Restructuring	(112)	136	(82)	190
Acquisition related	0	56	0	511
Total operating expenses	79,491	63,699	148,958	126,703
Income from operations	53,070	46,786	112,204	84,549
Interest income (expense), net	189	(891)	(366)	(1,599)
Other (expense) income, net	(176)	(243)	(271)	(265)
Income before income taxes	53,083	45,652	111,567	82,685
Income tax expense	2,439	1,120	5,000	2,075
Net income	$ 50,644	$ 44,532	$ 106,567	$ 80,610
Net income per share:
Basic (in dollars per share)	$ 0.37	$ 0.32	$ 0.77	$ 0.59
Diluted (in dollars per share)	$ 0.36	$ 0.32	$ 0.76	$ 0.57
Shares used in per share calculations:
Basic (in shares)	137,735	137,424	137,573	137,462
Diluted (in shares)	139,768	140,170	139,966	140,657

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Net income	$ 50,644	$ 44,532	$ 106,567	$ 80,610
Other comprehensive income (loss):
Translation adjustment	(457)	(975)	(268)	(1,228)
Comprehensive income	$ 50,187	$ 43,557	$ 106,299	$ 79,382

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 103,773	$ 145,722
Accounts receivable, net of allowance for credit losses	96,587	94,018
Inventories, net	111,490	110,375
Prepaid expenses and other current assets	32,762	29,052
Total current assets	344,612	379,167
Property and equipment, less accumulated depreciation of $120,959 at July 1, 2023 and $116,349 at December 31, 2022	50,446	47,614
Operating lease right-of-use assets	14,543	17,590
Intangible assets, net	22,790	25,070
Goodwill	315,358	315,358
Other long-term assets	11,322	13,914
Total assets	759,071	798,713
Current liabilities:
Accounts payable	41,264	42,036
Accrued liabilities	32,877	48,467
Accrued payroll obligations	17,825	36,870
Total current liabilities	91,966	127,373
Long-term debt	43,885	128,752
Long-term operating lease liabilities, net of current portion	10,827	13,618
Other long-term liabilities	37,632	41,807
Total liabilities	184,310	311,550
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; 137,823,000 shares issued and outstanding as of July 1, 2023 and 137,099,000 shares issued and outstanding as of December 31, 2022	1,378	1,371
Additional paid-in capital	580,592	599,300
Accumulated deficit	(4,527)	(111,094)
Accumulated other comprehensive loss	(2,682)	(2,414)
Total stockholders' equity	574,761	487,163
Total liabilities and stockholders' equity	$ 759,071	$ 798,713

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Accumulated depreciation	$ 120,959	$ 116,349
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)	137,823,000	137,099,000
Common stock, shares outstanding (in shares)	137,823,000	137,099,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022
Cash flows from operating activities:
Net income	$ 106,567	$ 80,610
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	16,578	14,272
Stock-based compensation expense	35,744	27,249
Amortization of right-of-use assets	3,317	3,358
Other non-cash adjustments	110	87
Changes in assets and liabilities:
Accounts receivable, net	(2,569)	(13,521)
Inventories, net	(1,115)	(9,884)
Prepaid expenses and other assets	(3,657)	(1,781)
Accounts payable	(772)	4,739
Accrued liabilities	(15,960)	(1,405)
Accrued payroll obligations	(19,045)	(7,169)
Operating lease liabilities, current and long-term portions	(3,740)	(3,637)
Net cash provided by (used in) operating activities	115,458	92,918
Cash flows from investing activities:
Capital expenditures	(11,943)	(8,917)
Cash paid for software and intellectual property licenses	(5,799)	(5,368)
Net cash provided by (used in) investing activities	(17,742)	(14,285)
Cash flows from financing activities:
Restricted stock unit tax withholdings	(39,189)	(35,763)
Proceeds from issuance of common stock	4,750	3,581
Repurchase of common stock	(20,006)	(50,161)
Repayment of long-term debt	(85,000)	(8,750)
Net cash provided by (used in) financing activities	(139,445)	(91,093)
Effect of exchange rate change on cash	(220)	(1,228)
Net increase (decrease) in cash and cash equivalents	(41,949)	(13,688)
Beginning cash and cash equivalents	145,722	131,570
Ending cash and cash equivalents	103,773	117,882
Supplemental disclosure of cash flow information and non-cash investing and financing activities:
Interest paid	2,962	1,337
Income taxes paid, net of refunds	6,837	2,355
Operating lease payments	4,082	3,706
Accrued purchases of plant and equipment	571	3,019
Operating lease right-of-use assets obtained in exchange for lease obligations	$ 393	$ 476

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. 01, 2022	137,239,000
Balances at Jan. 01, 2022	$ 1,372	$ 701,688	$ (289,976)	$ (1,451)	$ 411,633
Net income	0	0	80,610	0	80,610
Other comprehensive income (loss)	0	0	0	(1,228)	(1,228)
Total comprehensive income					79,382
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	1,002,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 11	(32,193)	0	0	(32,182)
Stock-based compensation expense	$ 0	27,249	0	0	27,249
Repurchase of common stock (in shares)	(978,000)
Repurchase of common stock	$ (10)	(50,151)	0	0	(50,161)
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
Balances (in shares) at Apr. 02, 2022	137,597,000
Balances at Apr. 02, 2022	$ 1,376	675,781	(253,898)	(1,704)	421,555
Net income	0	0	44,532	0	44,532
Other comprehensive income (loss)	0	0	0	(975)	(975)
Total comprehensive income					43,557
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	400,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 5	(7,159)	0	0	(7,154)
Stock-based compensation expense	$ 0	13,124	0	0	13,124
Repurchase of common stock (in shares)	(734,000)
Repurchase of common stock	$ (8)	(35,153)	0	0	(35,161)
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
Balances (in shares) at Dec. 31, 2022	137,099,000				137,099,000
Balances at Dec. 31, 2022	$ 1,371	599,300	(111,094)	(2,414)	$ 487,163
Net income	0	0	106,567	0	106,567
Other comprehensive income (loss)	0	0	0	(268)	(268)
Total comprehensive income					106,299
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	965,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 9	(34,448)	0	0	(34,439)
Stock-based compensation expense	$ 0	35,744	0	0	35,744
Repurchase of common stock (in shares)	(241,000)
Repurchase of common stock	$ (2)	(20,004)	0	0	$ (20,006)
Balances (in shares) at Jul. 01, 2023	137,823,000				137,823,000
Balances at Jul. 01, 2023	$ 1,378	580,592	(4,527)	(2,682)	$ 574,761
Balances (in shares) at Apr. 01, 2023	137,637,000
Balances at Apr. 01, 2023	$ 1,376	570,994	(55,171)	(2,225)	514,974
Net income	0	0	50,644	0	50,644
Other comprehensive income (loss)	0	0	0	(457)	(457)
Total comprehensive income					50,187
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes (in shares)	308,000
Common stock issued in connection with employee equity incentive plans, net of shares withheld for employee taxes	$ 3	(1,890)	0	0	(1,887)
Stock-based compensation expense	$ 0	21,489	0	0	21,489
Repurchase of common stock (in shares)	(122,000)
Repurchase of common stock	$ (1)	(10,001)	0	0	$ (10,002)
Balances (in shares) at Jul. 01, 2023	137,823,000				137,823,000
Balances at Jul. 01, 2023	$ 1,378	$ 580,592	$ (4,527)	$ (2,682)	$ 574,761

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
Note 1 - Basis of Presentation	Jul. 01, 2023
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 U.S. 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 December 31, 2022 (" 2022 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 2022 10 no 2022 10 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. 2023 52 December 30, 2023, 2022 52 December 31, 2022. second 2023 second 2022 July 1, 2023 July 2, 2022 13 26 Concentrations of Risk Potential exposure to concentrations of risk may 89% second 2023 2022 six July 1, 2023 July 2, 2022, two d for 34 % and 28 % of net accounts receivable at July 1, 2023 and 47% and 27% December 31, 2022

Note 2 - Net Income Per Share

Note 2 - Net Income Per Share	6 Months Ended
Note 2 - Net Income Per Share	Jul. 01, 2023
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 Six Months Ended July 1, July 2, July 1, July 2, (In thousands, except per share data) 2023 2022 2023 2022 Net income $ 50,644 $ 44,532 $ 106,567 $ 80,610 Shares used in basic Net income per share 137,735 137,424 137,573 137,462 Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition 2,033 2,746 2,393 3,195 Shares used in diluted Net income per share 139,768 140,170 139,966 140,657 Basic Net income per share $ 0.37 $ 0.32 $ 0.77 $ 0.59 Diluted Net income per share $ 0.36 $ 0.32 $ 0.76 $ 0.57 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 Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive 158 558 115 442

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	6 Months Ended
Note 3 - Revenue From Contracts With Customers	Jul. 01, 2023
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 channel and by geographical market, based on ship-to location of our customer : Three Months Ended Six Months Ended Revenue by Channel July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Distributors $ 169,362 89 % $ 143,705 89 % $ 330,708 88 % $ 279,118 90 % Direct 20,717 11 % 17,667 11 % 43,681 12 % 32,769 10 % Total revenue $ 190,079 100 % $ 161,372 100 % $ 374,389 100 % $ 311,887 100 % Revenue by Geographical Market (In thousands) China 55,834 30 % 80,735 50 % 111,556 30 % 156,166 50 % Japan 38,728 20 % 16,957 10 % 68,745 18 % 35,860 12 % Other Asia 24,461 13 % 21,028 13 % 44,477 12 % 35,446 11 % Asia 119,023 63 % 118,720 73 % 224,778 60 % 227,472 73 % Americas 32,668 17 % 22,282 14 % 74,571 20 % 43,822 14 % Europe 38,388 20 % 20,370 13 % 75,040 20 % 40,593 13 % Total revenue $ 190,079 100 % $ 161,372 100 % $ 374,389 100 % $ 311,887 100 % 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 six 2023 (In thousands) Contract assets as of December 31, 2022 $ 7,347 Revenues recorded during the period 6,198 Transferred to Accounts receivable or collected (5,319 ) Contract assets as of July 1, 2023 $ 8,226 Contract liabilities are included in Accrued liabilities on our Consolidated Balance Sheets. The following table summarizes activity during the first six 2023 (In thousands) Contract liabilities as of December 31, 2022 $ 17,666 Less: Product shipments from prepaid customer deposit (12,826 ) Accruals for estimated future stock rotation and scrap returns 3,222 Less: Release of accruals for recognized stock rotation and scrap returns (4,125 ) Contract liabilities as of July 1, 2023 $ 3,937

Note 4 - Balance Sheet Componen

Note 4 - Balance Sheet Components	6 Months Ended
Note 4 - Balance Sheet Components	Jul. 01, 2023
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	4 Accounts Receivable Accounts receivable do not 2022 10 July 1, December 31, (In thousands) 2023 2022 Accounts receivable $ 96,587 $ 94,018 Less: Allowance for credit losses — — Accounts receivable, net of allowance for credit losses $ 96,587 $ 94,018 Inventories July 1, December 31, (In thousands) 2023 2022 Work in progress $ 64,840 $ 58,269 Finished goods 46,650 52,106 Total inventories, net $ 111,490 $ 110,375 Property and Equipment – Geographic Information Our Property and equipment, net by country at the end of each period was as follows: July 1, December 31, (In thousands) 2023 2022 United States $ 29,817 $ 29,118 Taiwan 12,869 10,732 Philippines 3,776 3,596 China 2,632 2,229 Other 1,352 1,939 Total foreign property and equipment, net 20,629 18,496 Total property and equipment, net $ 50,446 $ 47,614 Accrued Liabilities Included in Accrued liabilities in the Consolidated Balance Sheets are the following balances: July 1, December 31, (In thousands) 2023 2022 Liability for non-cancelable contracts $ 10,254 $ 10,498 Current portion of operating lease liabilities 5,898 6,454 Liability for production materials 4,049 6,002 Contract liabilities 3,937 17,666 Other accrued liabilities 8,739 7,847 Total accrued liabilities $ 32,877 $ 48,467

Note 5 - Long-term Debt

Note 5 - Long-term Debt	6 Months Ended
Note 5 - Long-term Debt	Jul. 01, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	5 On September 1, 2022, “2022 five 2022 The revolving loans under the 2022 may September 1, 2027. During the f six 2023 , 2022 The fair value of our long-term debt approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows: July 1, December 31, (In thousands) 2023 2022 Principal amount $ 45,000 $ 130,000 Unamortized original issuance discount and debt costs (1,115 ) (1,248 ) Long-term debt, net of unamortized debt issue costs $ 43,885 $ 128,752 As of July 1, 2023 on the revolving loan was 6.49% . We pay a quarterly commitment fee of 0.20% on the unused portion of the revolving facility. Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Contractual interest $ 832 $ 800 $ 2,618 $ 1,362 Amortization of original issuance discount and debt costs 67 83 133 168 Total interest expense related to long-term debt $ 899 $ 883 $ 2,751 $ 1,530 Subsequent to July 1, 2023, 2022

Note 6 - Restructuring

Note 6 - Restructuring	6 Months Ended
Note 6 - Restructuring	Jul. 01, 2023
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	6 Restructuring activity in the periods presented consisted of expense adjustments on previous plans, which were recorded to Restructuring on our Consolidated Statements of Operations. The restructuring accrual balance is presented in Accrued liabilities 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 December 31, 2022 $ 400 $ 5,892 $ 640 $ 6,932 Restructuring (135 ) 49 4 (82 ) Costs paid or otherwise settled (265 ) (721 ) (24 ) (1,010 ) Accrued Restructuring at July 1, 2023 $ — $ 5,220 $ 620 $ 5,840 Accrued Restructuring at January 1, 2022 $ 251 $ 7,130 $ — $ 7,381 Restructuring (97 ) 287 — 190 Costs paid or otherwise settled (154 ) (885 ) — (1,039 ) Accrued Restructuring at July 2, 2022 $ — $ 6,532 $ — $ 6,532 ( 1 Includes employee relocation and outplacement costs ( 2 Includes termination fees on the cancellation of certain contracts

Note 7 - Leases

Note 7 - Leases	6 Months Ended
Note 7 - Leases	Jul. 01, 2023
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. All of our facilities are leased under operating leases, which expire at various times through 2028, July 1, 2023 We recorded fixed operating lease expenses of $1.9 million for the second 2023 2022 first six 2023 2022, The following table presents the lease balance classifications within the Consolidated Balance Sheets and summarizes their activity during the first six 2023 Operating lease right-of-use assets (In thousands) Balance as of December 31, 2022 $ 17,590 Right-of-use assets obtained for new lease contracts during the period 393 Amortization of right-of-use assets during the period (3,317 ) Adjustments for present value and foreign currency effects (123 ) Balance as of July 1, 2023 $ 14,543 Operating lease liabilities (In thousands) Balance as of December 31, 2022 $ 20,072 Lease liabilities incurred for new lease contracts during the period 393 Accretion of lease liabilities 493 Operating cash used by payments on lease liabilities (4,082 ) Adjustments for present value and foreign currency effects (151 ) Balance as of July 1, 2023 16,725 Less: Current portion of operating lease liabilities (included in Accrued liabilities) (5,898 ) Long-term operating lease liabilities, net of current portion $ 10,827 Maturities of operating lease liabilities as of July 1, 2023 Fiscal year (In thousands) 2023 (Remaining 2 quarters) $ 3,422 2024 6,211 2025 4,217 2026 2,566 2027 1,114 Thereafter 934 Total lease payments 18,464 Less: amount representing interest (1,739 ) Total lease liabilities $ 16,725 Lease obligations for facilities restructured prior to the adoption of Topic 842 $5.2 July 1, 2023

Note 8 - Intangible Assets

Note 8 - Intangible Assets	6 Months Ended
Note 8 - Intangible Assets	Jul. 01, 2023
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	8 In connection with our acquisition of Mirametrix, Inc. in November 2021, 2021. July 1, 2023 December 31, 2022, $ third We recorded amortization expense related to intangible assets on the Consolidated Statements of Operations as presented in the following table: Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Research and development $ 271 $ 262 $ 541 $ 525 Amortization of acquired intangible assets 869 870 1,739 2,039 $ 1,140 $ 1,132 $ 2,280 $ 2,564

Note 9 - Stock-based Compensati

Note 9 - Stock-based Compensation	6 Months Ended
Note 9 - Stock-based Compensation	Jul. 01, 2023
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 Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Cost of revenue $ 1,414 $ 890 $ 2,367 $ 1,825 Research and development 7,647 4,691 12,986 9,536 Selling, general, and administrative 12,428 7,543 20,391 15,888 Total stock-based compensation $ 21,489 $ 13,124 $ 35,744 $ 27,249 Market-Based and Performance-Based Stock Compensation In the first 2023, three 3000 third may 75th 55th zero 25th 25th 75th In the first six 2023, first 2023 first 2020 75th second first 2023, first 2021 one fourth 2024, 13 first January 1, 2022. second December 31, 2022. For our awards with a market condition or a performance condition, we incurred stock compensation expense of approximately $11.0 million and $6.0 million in the second 2023 2022, first six 2023 2022, The following table summarizes the activity for our awards with a market condition or performance condition: (Shares in thousands) Total Balance, December 31, 2022 985 Granted 144 Effect of vesting multiplier 331 Vested (633 ) Balance, July 1, 2023 827

Note 10 - Common Stock Repurcha

Note 10 - Common Stock Repurchase Program	6 Months Ended
Note 10 - Common Stock Repurchase Program	Jul. 01, 2023
Notes to Financial Statements
Treasury Stock [Text Block]	Note 10 On August 8, 2022, "2023 2023 December 2023. 2023 second 2023, first six 2023, 2023 second 2023. July 1, 2023 2023

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
Note 11 - Income Taxes	Jul. 01, 2023
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 second 2023 2022 first six 2023 2022, three six July 1, 2023 July 2, 2022 three six July 1, 2023 three six July 2, 2022 Our liability recorded for uncertain tax positions (including penalties and interest) wa s $ million and $21.6 million a July 1, 2023 December 31, 2022

Note 12 - Contingencies

Note 12 - Contingencies	6 Months Ended
Note 12 - Contingencies	Jul. 01, 2023
Notes to Financial Statements
Contingencies Disclosure [Text Block]	12 Legal Matters On or about December 19, 2018, 2008. January 2019, May 24, 2023, second 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

Item 5. Other Information

Item 5. Other Information	6 Months Ended
Item 5. Other Information	Jul. 01, 2023
Notes to Financial Statements
Issuer Rule 10b5-1, Material Terms [Text Block]	5. Rule 10b5 1 On May 23, 2023 10b5 1 10b5 1 may may November 29, 2024 On June 1, 2023 10b5 1 10b5 1 may may February 28, 2024

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jul. 01, 2023
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 U.S. 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 December 31, 2022 (" 2022 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 2022 10 no 2022 10 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. 2023 52 December 30, 2023, 2022 52 December 31, 2022. second 2023 second 2022 July 1, 2023 July 2, 2022 13 26
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Risk Potential exposure to concentrations of risk may 89% second 2023 2022 six July 1, 2023 July 2, 2022, two d for 34 % and 28 % of net accounts receivable at July 1, 2023 and 47% and 27% December 31, 2022

Note 2 - Net Income Per Share (

Note 2 - Net Income Per Share (Tables)	6 Months Ended
Note 2 - Net Income Per Share (Tables)	Jul. 01, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands, except per share data) 2023 2022 2023 2022 Net income $ 50,644 $ 44,532 $ 106,567 $ 80,610 Shares used in basic Net income per share 137,735 137,424 137,573 137,462 Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition 2,033 2,746 2,393 3,195 Shares used in diluted Net income per share 139,768 140,170 139,966 140,657 Basic Net income per share $ 0.37 $ 0.32 $ 0.77 $ 0.59 Diluted Net income per share $ 0.36 $ 0.32 $ 0.76 $ 0.57 Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive 158 558 115 442

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	6 Months Ended
Note 3 - Revenue From Contracts With Customers (Tables)	Jul. 01, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Six Months Ended Revenue by Channel July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Distributors $ 169,362 89 % $ 143,705 89 % $ 330,708 88 % $ 279,118 90 % Direct 20,717 11 % 17,667 11 % 43,681 12 % 32,769 10 % Total revenue $ 190,079 100 % $ 161,372 100 % $ 374,389 100 % $ 311,887 100 % Revenue by Geographical Market (In thousands) China 55,834 30 % 80,735 50 % 111,556 30 % 156,166 50 % Japan 38,728 20 % 16,957 10 % 68,745 18 % 35,860 12 % Other Asia 24,461 13 % 21,028 13 % 44,477 12 % 35,446 11 % Asia 119,023 63 % 118,720 73 % 224,778 60 % 227,472 73 % Americas 32,668 17 % 22,282 14 % 74,571 20 % 43,822 14 % Europe 38,388 20 % 20,370 13 % 75,040 20 % 40,593 13 % Total revenue $ 190,079 100 % $ 161,372 100 % $ 374,389 100 % $ 311,887 100 %
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	(In thousands) Contract assets as of December 31, 2022 $ 7,347 Revenues recorded during the period 6,198 Transferred to Accounts receivable or collected (5,319 ) Contract assets as of July 1, 2023 $ 8,226 (In thousands) Contract liabilities as of December 31, 2022 $ 17,666 Less: Product shipments from prepaid customer deposit (12,826 ) Accruals for estimated future stock rotation and scrap returns 3,222 Less: Release of accruals for recognized stock rotation and scrap returns (4,125 ) Contract liabilities as of July 1, 2023 $ 3,937

Note 4 - Balance Sheet Compon_2

Note 4 - Balance Sheet Components (Tables)	6 Months Ended
Note 4 - Balance Sheet Components (Tables)	Jul. 01, 2023
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	July 1, December 31, (In thousands) 2023 2022 Accounts receivable $ 96,587 $ 94,018 Less: Allowance for credit losses — — Accounts receivable, net of allowance for credit losses $ 96,587 $ 94,018
Schedule of Inventory, Current [Table Text Block]	July 1, December 31, (In thousands) 2023 2022 Work in progress $ 64,840 $ 58,269 Finished goods 46,650 52,106 Total inventories, net $ 111,490 $ 110,375
Property, Plant and Equipment [Table Text Block]	July 1, December 31, (In thousands) 2023 2022 United States $ 29,817 $ 29,118 Taiwan 12,869 10,732 Philippines 3,776 3,596 China 2,632 2,229 Other 1,352 1,939 Total foreign property and equipment, net 20,629 18,496 Total property and equipment, net $ 50,446 $ 47,614
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	July 1, December 31, (In thousands) 2023 2022 Liability for non-cancelable contracts $ 10,254 $ 10,498 Current portion of operating lease liabilities 5,898 6,454 Liability for production materials 4,049 6,002 Contract liabilities 3,937 17,666 Other accrued liabilities 8,739 7,847 Total accrued liabilities $ 32,877 $ 48,467

Note 5 - Long-term Debt (Tables

Note 5 - Long-term Debt (Tables)	6 Months Ended
Note 5 - Long-term Debt (Tables)	Jul. 01, 2023
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	July 1, December 31, (In thousands) 2023 2022 Principal amount $ 45,000 $ 130,000 Unamortized original issuance discount and debt costs (1,115 ) (1,248 ) Long-term debt, net of unamortized debt issue costs $ 43,885 $ 128,752
Interest Income and Interest Expense Disclosure [Table Text Block]	Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Contractual interest $ 832 $ 800 $ 2,618 $ 1,362 Amortization of original issuance discount and debt costs 67 83 133 168 Total interest expense related to long-term debt $ 899 $ 883 $ 2,751 $ 1,530

Note 6 - Restructuring (Tables)

Note 6 - Restructuring (Tables)	6 Months Ended
Note 6 - Restructuring (Tables)	Jul. 01, 2023
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 December 31, 2022 $ 400 $ 5,892 $ 640 $ 6,932 Restructuring (135 ) 49 4 (82 ) Costs paid or otherwise settled (265 ) (721 ) (24 ) (1,010 ) Accrued Restructuring at July 1, 2023 $ — $ 5,220 $ 620 $ 5,840 Accrued Restructuring at January 1, 2022 $ 251 $ 7,130 $ — $ 7,381 Restructuring (97 ) 287 — 190 Costs paid or otherwise settled (154 ) (885 ) — (1,039 ) Accrued Restructuring at July 2, 2022 $ — $ 6,532 $ — $ 6,532

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	6 Months Ended
Note 7 - Leases (Tables)	Jul. 01, 2023
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 December 31, 2022 $ 17,590 Right-of-use assets obtained for new lease contracts during the period 393 Amortization of right-of-use assets during the period (3,317 ) Adjustments for present value and foreign currency effects (123 ) Balance as of July 1, 2023 $ 14,543 Operating lease liabilities (In thousands) Balance as of December 31, 2022 $ 20,072 Lease liabilities incurred for new lease contracts during the period 393 Accretion of lease liabilities 493 Operating cash used by payments on lease liabilities (4,082 ) Adjustments for present value and foreign currency effects (151 ) Balance as of July 1, 2023 16,725 Less: Current portion of operating lease liabilities (included in Accrued liabilities) (5,898 ) Long-term operating lease liabilities, net of current portion $ 10,827
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Fiscal year (In thousands) 2023 (Remaining 2 quarters) $ 3,422 2024 6,211 2025 4,217 2026 2,566 2027 1,114 Thereafter 934 Total lease payments 18,464 Less: amount representing interest (1,739 ) Total lease liabilities $ 16,725

Note 8 - Intangible Assets (Tab

Note 8 - Intangible Assets (Tables)	6 Months Ended
Note 8 - Intangible Assets (Tables)	Jul. 01, 2023
Notes Tables
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]	Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Research and development $ 271 $ 262 $ 541 $ 525 Amortization of acquired intangible assets 869 870 1,739 2,039 $ 1,140 $ 1,132 $ 2,280 $ 2,564

Note 9 - Stock-based Compensa_2

Note 9 - Stock-based Compensation (Tables)	6 Months Ended
Note 9 - Stock-based Compensation (Tables)	Jul. 01, 2023
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended Six Months Ended July 1, July 2, July 1, July 2, (In thousands) 2023 2022 2023 2022 Cost of revenue $ 1,414 $ 890 $ 2,367 $ 1,825 Research and development 7,647 4,691 12,986 9,536 Selling, general, and administrative 12,428 7,543 20,391 15,888 Total stock-based compensation $ 21,489 $ 13,124 $ 35,744 $ 27,249
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block]	(Shares in thousands) Total Balance, December 31, 2022 985 Granted 144 Effect of vesting multiplier 331 Vested (633 ) Balance, July 1, 2023 827

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - Sell-through Distributors Concentration Risk [Member]	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022	Dec. 31, 2022
Revenue Benchmark [Member]
Number of Distributors			2		2
Revenue Benchmark [Member] \| Distributors [Member]
Concentration Risk, Percentage	89%	89%	88%	90%
Accounts Receivable [Member] \| Large Distributor One [Member]
Concentration Risk, Percentage			34%		47%
Accounts Receivable [Member] \| Large Distributor Two [Member]
Concentration Risk, Percentage			28%		27%

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		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Net income	$ 50,644	$ 44,532	$ 106,567	$ 80,610
Shares used in basic Net income per share (in shares)	137,735	137,424	137,573	137,462
Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition (in shares)	2,033	2,746	2,393	3,195
Shares used in diluted Net income per share (in shares)	139,768	140,170	139,966	140,657
Basic (in dollars per share)	$ 0.37	$ 0.32	$ 0.77	$ 0.59
Diluted (in dollars per share)	$ 0.36	$ 0.32	$ 0.76	$ 0.57
Stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition excluded as they are antidilutive (in shares)	158	558	115	442

Note 3 - Revenue From Contrac_3

Note 3 - Revenue From Contracts With Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Revenue	$ 190,079	$ 161,372	$ 374,389	$ 311,887
Percentage of revenue	100%	100%	100%	100%
CHINA
Revenue	$ 55,834	$ 80,735	$ 111,556	$ 156,166
Percentage of revenue	30%	50%	30%	50%
JAPAN
Revenue	$ 38,728	$ 16,957	$ 68,745	$ 35,860
Percentage of revenue	20%	10%	18%	12%
Other Asia [Member]
Revenue	$ 24,461	$ 21,028	$ 44,477	$ 35,446
Percentage of revenue	13%	13%	12%	11%
Asia [Member]
Revenue	$ 119,023	$ 118,720	$ 224,778	$ 227,472
Percentage of revenue	63%	73%	60%	73%
Americas [Member]
Revenue	$ 32,668	$ 22,282	$ 74,571	$ 43,822
Percentage of revenue	17%	14%	20%	14%
Europe [Member]
Revenue	$ 38,388	$ 20,370	$ 75,040	$ 40,593
Percentage of revenue	20%	13%	20%	13%
Product [Member] \| Sales Channel, Through Intermediary [Member]
Revenue	$ 169,362	$ 143,705	$ 330,708	$ 279,118
Percentage of revenue	89%	89%	88%	90%
Product [Member] \| Sales Channel, Directly to Consumer [Member]
Revenue	$ 20,717	$ 17,667	$ 43,681	$ 32,769
Percentage of revenue	11%	11%	12%	10%

Note 3 - Revenue From Contrac_4

Note 3 - Revenue From Contracts With Customers - Contract Balance (Details) $ in Thousands	6 Months Ended
	Jul. 01, 2023 USD ($)
Contract assets, balance	$ 7,347
Revenues recorded during the period	6,198
Transferred to Accounts receivable or collected	(5,319)
Contract assets, balance	8,226
Contract liabilities, balance	17,666
Less: Product shipments from prepaid customer deposit	(12,826)
Accruals for estimated future stock rotation and scrap returns	3,222
Less: Release of accruals for recognized stock rotation and scrap returns	(4,125)
Contract liabilities, balance	$ 3,937

Note 4 - Balance Sheet Compon_3

Note 4 - Balance Sheet Components - Accounts Receivable (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Accounts receivable	$ 96,587	$ 94,018
Less: Allowance for credit losses	0	0
Accounts receivable, net of allowance for credit losses	$ 96,587	$ 94,018

Note 4 - Balance Sheet Compon_4

Note 4 - Balance Sheet Components - Inventories (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Work in progress	$ 64,840	$ 58,269
Finished goods	46,650	52,106
Total inventories, net	$ 111,490	$ 110,375

Note 4 - Balance Sheet Compon_5

Note 4 - Balance Sheet Components - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Property, Plant and Equipment, Net	$ 50,446	$ 47,614
UNITED STATES
Property, Plant and Equipment, Net	29,817	29,118
TAIWAN
Property, Plant and Equipment, Net	12,869	10,732
PHILIPPINES
Property, Plant and Equipment, Net	3,776	3,596
CHINA
Property, Plant and Equipment, Net	2,632	2,229
Other [Member]
Property, Plant and Equipment, Net	1,352	1,939
Foreign Countries [Member]
Property, Plant and Equipment, Net	$ 20,629	$ 18,496

Note 4 - Balance Sheet Compon_6

Note 4 - Balance Sheet Components - Accrued Liabilities (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Liability for non-cancelable contracts	$ 10,254	$ 10,498
Liability for production materials	4,049	6,002
Contract liabilities	3,937	17,666
Other accrued liabilities	8,739	7,847
Total accrued liabilities	32,877	48,467
Accrued Liabilities [Member]
Current portion of operating lease liabilities	$ 5,898	$ 6,454

Note 5 - Long-term Debt (Detail

Note 5 - Long-term Debt (Details Textual) - The 2022 Credit Agreement [Member[ - Revolving Credit Facility [Member] - USD ($) $ in Millions			6 Months Ended
	Jul. 02, 2023	Sep. 01, 2022	Jul. 01, 2023
Debt Instrument, Term (Year)		5 years
Line of Credit Facility, Maximum Borrowing Capacity		$ 350
Repayment of Long-term Debt, Discretionary			$ 85
Debt Instrument, Interest Rate, Effective Percentage			6.49%
Line of Credit Facility, Commitment Fee Percentage			0.20%
Subsequent Event [Member]
Repayment of Long-term Debt, Discretionary	$ 45

Note 5 - Long-term Debt - Fair

Note 5 - Long-term Debt - Fair Value of Long-term Debt (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Principal amount	$ 45,000	$ 130,000
Unamortized original issuance discount and debt costs	(1,115)	(1,248)
Long-term debt, net of unamortized debt issue costs	$ 43,885	$ 128,752

Note 5 - Long-term Debt - Inter

Note 5 - Long-term Debt - Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Contractual interest	$ 832	$ 800	$ 2,618	$ 1,362
Amortization of original issuance discount and debt costs	67	83	133	168
Total interest expense related to long-term debt	$ 899	$ 883	$ 2,751	$ 1,530

Note 6 - Restructuring - Activi

Note 6 - Restructuring - Activity Related to Restructuring Plans (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Restructuring		$ (112)	$ 136	$ (82)	$ 190
Employee Severance [Member]
Accrued Restructuring	[1]			400	251
Restructuring				(135)	(97)
Costs paid or otherwise settled	[1]			(265)	(154)
Accrued Restructuring	[1]	0	0	0	0
Lease Termination and Fixed Assets [Member]
Accrued Restructuring				5,892	7,130
Restructuring				49	287
Costs paid or otherwise settled				(721)	(885)
Accrued Restructuring		5,220	6,532	5,220	6,532
Software Contracts and Engineering Tools [Member]
Accrued Restructuring	[2]			640	0
Restructuring				4	0
Costs paid or otherwise settled	[2]			(24)	0
Accrued Restructuring	[2]	620	0	620	0
Other Restructuring [Member]
Accrued Restructuring				6,932	7,381
Restructuring				(82)	190
Costs paid or otherwise settled				(1,010)	(1,039)
Accrued Restructuring		$ 5,840	$ 6,532	$ 5,840	$ 6,532

[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		6 Months Ended
Note 7 - Leases (Details Textual) - USD ($) $ in Millions	Jul. 02, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Operating Lease, Weighted Average Remaining Lease Term (Year)			3 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent			5.40%
Operating Lease, Cost	$ 1.9	$ 1.9	$ 3.8	$ 3.9
Operating Lease Liability for Previously Restructured Facilities			$ 5.2

Note 7 - Leases - Lease Balance

Note 7 - Leases - Lease Balance Classifications Within the Consolidated Balance Sheets and Lease Activity (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Dec. 31, 2022
Balance	$ 17,590
Right-of-use assets obtained for new lease contracts during the period	393
Amortization of right-of-use assets during the period	(3,317)	$ (3,358)
Adjustments for present value and foreign currency effects	(123)
Balance	14,543
Balance	20,072
Lease liabilities incurred for new lease contracts during the period	393
Accretion of lease liabilities	493
Operating cash used by payments on lease liabilities	(4,082)	$ (3,706)
Adjustments for present value and foreign currency effects	(151)
Balance	16,725
Long-term operating lease liabilities, net of current portion	10,827		$ 13,618
Accounts Payable and Accrued Liabilities [Member]
Less: Current portion of operating lease liabilities (included in Accrued liabilities)	$ (5,898)

Note 7 - Leases - Maturities of

Note 7 - Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
2023 (Remaining 2 quarters)	$ 3,422
2024	6,211
2025	4,217
2026	2,566
2027	1,114
Thereafter	934
Total lease payments	18,464
Less: amount representing interest	(1,739)
Total lease liabilities	$ 16,725	$ 20,072

Note 8 - Intangible Assets (Det

Note 8 - Intangible Assets (Details Textual) - USD ($) $ in Millions	Jul. 01, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets, Accumulated Amortization	$ 142.6	$ 140.3

Note 8 - Intangible Assets - Am

Note 8 - Intangible Assets - Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Amortization of intangible assets	$ 1,140	$ 1,132	$ 2,280	$ 2,564
Research and Development Expense [Member]
Amortization of intangible assets	271	262	541	525
Amortization of Acquired Intangible Assets [Member]
Amortization of intangible assets	$ 869	$ 870	$ 1,739	$ 2,039

Note 9 - Stock-based Compensa_3

Note 9 - Stock-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Dec. 31, 2022	Jul. 02, 2022
Share-Based Payment Arrangement, Expense	$ 21,489	$ 13,124	$ 35,744		$ 27,249
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%
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 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] \| 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] \| 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] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved			200%
Performance Shares Granted in 2018 [Member] \| Executive Officer [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Of Market Condition Achieved				200%
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%
Awards with Market Condition or Performance Condition [Member]
Share-Based Payment Arrangement, Expense	$ 11,000	$ 6,000	$ 15,900		$ 12,900

Note 9 - Stock-based Compensa_4

Note 9 - Stock-based Compensation - Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Total stock-based compensation	$ 21,489	$ 13,124	$ 35,744	$ 27,249
Cost of Sales [Member]
Total stock-based compensation	1,414	890	2,367	1,825
Research and Development Expense [Member]
Total stock-based compensation	7,647	4,691	12,986	9,536
Selling, General and Administrative Expenses [Member]
Total stock-based compensation	$ 12,428	$ 7,543	$ 20,391	$ 15,888

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	6 Months Ended
	Jul. 01, 2023 shares
Balance, Shares (in shares)	985
Granted, Shares (in shares)	144
Effect of vesting multiplier, Shares (in shares)	331
Vested, Shares (in shares)	(633)
Balance, Shares (in shares)	827

Note 10 - Common Stock Repurc_2

Note 10 - Common Stock Repurchase Program (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022	Aug. 08, 2022
Stock Repurchased and Retired During Period, Value	$ 10,002	$ 35,161	$ 20,006	$ 50,161
Repurchase Program 2023 [Member]
Stock Repurchase Program, Authorized Amount					$ 150,000
Stock Repurchased and Retired During Period, Shares (in shares)	122,337		241,499
Stock Repurchased and Retired During Period, Value	$ 10,000		$ 20,000
Shares Acquired, Average Cost Per Share (in dollars per share)	$ 81.76		$ 82.84
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 109,700		$ 109,700

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022	Dec. 31, 2022
Income Tax Expense (Benefit)	$ 2,439	$ 1,120	$ 5,000	$ 2,075
Other Noncurrent Liabilities [Member]
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 21,900		$ 21,900		$ 21,600
Domestic Tax Authority [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%	21%

Note 12 - Contingencies (Detail

Note 12 - Contingencies (Details Textual) $ in Millions	6 Months Ended
Note 12 - Contingencies (Details Textual) $ in Millions	Jul. 01, 2023 USD ($)
Action in Oregon in Connection with Sale of Certain Products [Member]
Loss Contingency, Damages Sought, Value	$ 180

Item 5. Other Information (Deta

Item 5. Other Information (Details Textual)	6 Months Ended
Item 5. Other Information (Details Textual)	Jun. 30, 2023 shares
President and Chief Executive Officer [Member]
Issuer Rule 10b5-1, Arrangement Adoption Date	May 23, 2023
Issuer Rule 10b5-1, Aggregate Available Shares (in shares)	250,725
Issuer Rule 10b5-1, Arrangement Termination Date	Nov. 29, 2024
Senior Vice President and Chief Financial Officer [Member]
Issuer Rule 10b5-1, Arrangement Adoption Date	Jun. 01, 2023
Issuer Rule 10b5-1, Aggregate Available Shares (in shares)	35,175
Issuer Rule 10b5-1, Arrangement Termination Date	Feb. 28, 2024