v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Apr. 05, 2026
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis
The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of April 5, 2026 and December 28, 2025 classified in one of the three classifications described above:
 Fair Value Measurements at April 5, 2026 Using:
 Total Carrying Value at April 5, 2026Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
 (In thousands)
Marketable securities - available for sale$22,865 $22,865 $— $— 
Foreign exchange derivative assets585 — 585 — 
Foreign exchange derivative liabilities(381)— (381)— 
Contingent consideration asset14,890 — — 14,890 
Contingent consideration liabilities(25,011)— — (25,011)
 
 Fair Value Measurements at December 28, 2025 Using:
 Total Carrying Value at December 28, 2025Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable 
Inputs
(Level 3)
 (In thousands)
Marketable securities - available for sale$27,956 $27,956 $— $— 
Foreign exchange derivative assets1,832 — 1,832 — 
Foreign exchange derivative liabilities(1,487)— (1,487)— 
Contingent consideration asset14,890 — — 14,890 
Contingent consideration liabilities(17,869)— — (17,869)
Reconciliation of Beginning and Ending Level 3 Net Liabilities
A reconciliation of the beginning and ending Level 3 contingent consideration liabilities is as follows:
 Three Months Ended
 April 5,
2026
March 30,
2025
 (In thousands)
Balance at beginning of period$(17,869)$(21,753)
Additions(8,000)— 
Amounts paid and foreign currency translation759 1,388 
Change in fair value (included within selling, general and administrative expenses)99 625 
Balance at end of period$(25,011)$(19,740)