v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table sets forth the fair value of the Company’s financial assets measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):
March 28, 2025December 31, 2024
(in thousands)Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash equivalents
Money market funds$90,045 $— $— $90,045 $10,000 $— $— $10,000 
Schedule of Financial Instruments Not Recorded at Fair Value on a Recurring Basis
The Company’s financial instruments not recorded at fair value on a recurring basis were as follows:
March 28, 2025December 31, 2024
CarryingFair ValueCarryingFair Value
(in thousands)ValueLevel 1Level 2Level 3ValueLevel 1Level 2Level 3
Long-term debt$113,791 $— $113,791 $— $114,278 $— $114,278 $— 
Other borrowings$14,098 $— $14,098 $— $13,635 $— $13,635 $—