v3.25.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The recorded carrying amounts and fair values of these instruments were as follows:
June 28, 2025
(amounts in thousands)Carrying AmountTotal
Fair Value
Level 1Level 2Level 3
Assets:
Cash equivalents$37,370 $37,370 $37,370 $— $— 
Derivative assets, recorded in other current assets4,744 4,744 — 4,744 — 
Deferred compensation plan assets, recorded in other assets5,674 5,674 — 5,674 — 
Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt$1,186,278 $1,045,889 $— $1,045,889 $— 
Derivative liabilities, recorded in accrued expenses and other current liabilities4,969 4,969 — 4,969 — 
December 31, 2024
(amounts in thousands)Carrying AmountTotal
Fair Value
Level 1Level 2Level 3
Assets:
Cash equivalents$53,935 $53,935 $53,935 $— $— 
Derivative assets, recorded in other current assets1,771 1,771 — 1,771 — 
Deferred compensation plan assets, recorded in other assets5,074 5,074 — 5,074 — 
Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt$1,191,959 $1,145,817 $— $1,145,817 $— 
Derivative liabilities, recorded in accrued expenses and other current liabilities2,905 2,905 — 2,905 — 
Derivative liabilities, recorded in deferred credits and other liabilities36 36 — 36 —