Summary of Significant Accounting Policies (Policies) |
6 Months Ended |
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Jun. 29, 2025 | |
Accounting Policies [Abstract] | |
New and Recently Adopted Accounting Standards | New accounting standards The Company assesses the adoption impacts of recently issued accounting standards by the Financial Accounting Standards Board on the Company's financial statements as well as material updates to previous assessments, if any, from the Company’s Annual Report on Form 10-K for the fiscal year ended December 29, 2024. Recently adopted accounting standards There were no new material accounting standards adopted in the fiscal six months of 2025. Recently issued accounting standards There were no new material accounting standards issued in the fiscal six months of 2025.
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Cash and Cash Equivalents | The Company classifies all highly liquid investments with stated maturities of three months or less from date of purchase as cash equivalents and all highly liquid investments with stated maturities of greater than three months from the date of purchase as current marketable securities. Available for sale securities with stated maturities of greater than one year from the date of purchase are available to fund current operations and are classified as current marketable securities.
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