v3.26.1
FAIR VALUE MEASUREMENT (Tables)
3 Months Ended
Mar. 29, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
Our assets measured at fair value on a recurring basis consisted of the following:
March 29, 2026
(in thousands)Total fair valueQuoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)
Cash and cash equivalents$24,132 $24,132 $— $— 
Restricted cash and cash equivalents20,181 20,181 — — 
Cash, cash equivalents and restricted cash and cash equivalents (1)
$44,313 $44,313 $— $— 
Municipal debt securities$5,797 $— $5,797 $— 
Corporate debt securities42,658 — 42,658 — 
Agency mortgage-backed securities4,594 — 4,594 — 
U.S. government and agency securities11,680 — 11,680 — 
Restricted investments classified as held-to-maturity (2)$64,729 $— $64,729 $— 
December 28, 2025
(in thousands)Total fair valueQuoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)
Cash and cash equivalents$24,510 $24,510 $— $— 
Restricted cash and cash equivalents19,510 19,510 — — 
Cash, cash equivalents and restricted cash and cash equivalents (1)
$44,020 $44,020 $— $— 
Municipal debt securities$7,836 $— $7,836 $— 
Corporate debt securities50,334 — 50,334 — 
Agency mortgage-backed securities4,873 — 4,873 — 
U.S. government and agency securities7,973 — 7,973 — 
Restricted investments classified as held-to-maturity (2)$71,016 $— $71,016 $— 
(1)Cash, cash equivalents and restricted cash and cash equivalents include money market funds, deposits and investments with original maturities of three months or less.
(2)Refer to Note 4: Restricted Cash, Cash Equivalents and Investments for additional details on our held-to-maturity debt securities.