v3.26.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 28, 2026
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:
March 28, 2026
(amounts in thousands)Carrying AmountTotal
Fair Value
Level 1Level 2Level 3
Assets measured at NAV(1)
Assets:
Cash equivalents$18,268 $18,268 $18,268 $— $— $— 
Derivative assets, recorded in other current assets442 442 — 442 — — 
Deferred compensation plan assets, recorded in other assets5,163 5,163 — 5,163 — — 
Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt$1,215,186 $843,673 $— $843,673 $— $— 
Derivative liabilities, recorded in accrued expenses and other current liabilities783 783 — 783 — — 
Deferred compensation plan liabilities, recorded in deferred credits and other liabilities5,170 5,170 — 5,170 — — 
December 31, 2025
(amounts in thousands)Carrying AmountTotal
Fair Value
Level 1Level 2Level 3
Assets measured at NAV(1)
Assets:
Cash equivalents$65,386 $65,386 $65,386 $— $— $— 
Derivative assets, recorded in other current assets539 539 — 539 — — 
Deferred compensation plan assets, recorded in other assets5,773 5,773 — 5,773 — — 
Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt$1,179,983 $974,915 $— $974,915 $— $— 
Derivative liabilities, recorded in accrued expenses and other current liabilities624 624 — 624 — — 
Deferred compensation plan liabilities, recorded in deferred credits and other liabilities5,778 5,778 — 5,778 — —