v3.25.1
Forgivable Loans (Tables)
 3 Months Ended
Mar. 29, 2025
Forgivable Loans  
Schedule of forgivable loan activity
The following table presents forgivable loan activity for the respective periods (in thousands):
Fiscal Quarter EndedFiscal Year Ended
March 29,
2025		December 28,
2024
Beginning balance$55,492 $53,941 
Advances27,431 45,494 
Repayments(600)(2,761)
Reclassifications from accrued expenses or to other assets (1)
— (9,989)
Amortization (2)
(6,652)(31,055)
Effects of foreign currency translation195 (138)
Ending balance$75,866 $55,492 
Current portion of forgivable loans$11,527 $6,535 
Non-current portion of forgivable loans$64,339 $48,957 
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(1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.
(2)During the fiscal quarter ended March 29, 2025, approximately $0.04 million of amortization was accelerated due to involuntary terminations. During the fiscal year ended December 28, 2024, approximately $5.7 million of amortization was accelerated due to involuntary terminations.