v3.25.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jul. 12, 2025
Fair Value Disclosures [Abstract]  
Interest Income Primarily Related to IDPs Notes Receivable

Interest income was primarily related to the IDPs’ notes receivable and was as follows (amounts in thousands):

 

 

 

Interest
Income

 

For the twelve weeks ended July 12, 2025

 

$

3,840

 

For the twelve weeks ended July 13, 2024

 

$

4,070

 

For the twenty-eight weeks ended July 12, 2025

 

$

9,466

 

For the twenty-eight weeks ended July 13, 2024

 

$

9,760

 

Carrying Value of Distributor Notes Receivable

At July 12, 2025 and December 28, 2024, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

 

 

 

July 12, 2025

 

 

December 28, 2024

 

Distributor notes receivable

 

$

130,202

 

 

$

128,199

 

Less: current portion of distributor notes receivable recorded in
   accounts and notes receivable, net

 

 

(22,619

)

 

 

(20,117

)

Long-term portion of distributor notes receivable

 

$

107,583

 

 

$

108,082

 

Schedule of Fair Value of Notes The fair value of the senior notes are presented in the table below (amounts in thousands, except level classification):

 

 

 

Carrying Value

 

 

Fair Value

 

 

Level

2035 notes

 

$

494,506

 

 

$

506,808

 

 

2

2055 notes

 

$

294,500

 

 

$

291,841

 

 

2

2031 notes

 

$

495,845

 

 

$

435,056

 

 

2

2026 notes

 

$

399,303

 

 

$

393,932

 

 

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