v3.25.2
Fair Value of Assets and Liabilities (Tables)
6 Months Ended
Jun. 28, 2025
Fair Value Disclosures [Abstract]  
Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis
The following tables set forth by level within the fair value hierarchy of the Company’s financial assets and liabilities accounted for at fair value on a recurring basis.
Assets (Liabilities) at Fair Value as of June 28, 2025
TotalQuoted Prices In
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Forward foreign exchange contracts - assets$634 $— $634 $— 
Interest rate contracts - assets427 — 427 — 
Forward foreign exchange contracts - liabilities(3,734)— (3,734)— 
Total derivative contracts(2,673)— (2,673)— 
Deferred compensation plan liability(11,183)— (11,183)— 
Total$(13,856)$— $(13,856)$— 
 
Assets (Liabilities) at Fair Value as of December 28, 2024
TotalQuoted Prices In
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Forward foreign exchange contracts - assets$8,733 $— $8,733 $— 
Forward foreign exchange contracts - liabilities(61)— (61)— 
Total derivative contracts8,672 — 8,672 — 
Deferred compensation plan liability(12,987)— (12,987)— 
Total$(4,315)$— $(4,315)$—