v3.25.2
SALE OF RECEIVABLES (Tables)
6 Months Ended
Jun. 27, 2025
Receivables [Abstract]  
Schedule of Receivables Sold The fair value of the sold receivables approximated their book value due to their short-term nature.
As of and for the
Six Months Ended
June 27,June 28,
(In thousands)20252024
Beginning balance:$218,897 $72,715 
Sale of receivables1,708,624 1,376,696 
Cash collections(1,699,604)(1,254,816)
Outstanding balance sold to MUFG1
227,917 194,595 
    Cash collected, not remitted to MUFG2
(77,963)(46,854)
Remaining sold receivables$149,954 $147,741 
1 For the six months ended June 27, 2025, the Company recorded a net cash inflow from sale of receivables of $9.0 million from operating activities.
2 Includes the cash collected on behalf of, but not yet remitted to, MUFG as of June 27, 2025. This balance is included in other accrued liabilities as of the balance sheet date.