v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 27, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
As of June 27, 2026, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:
 June 27, 2026
 TotalLevel 1Level 2Level 3
Assets:
Derivative assets$18,742 $— $18,742 $— 
Investments held in Rabbi Trust88,787 88,787 — — 
Total assets at fair value$107,529 $88,787 $18,742 $— 
Liabilities:
Derivative liabilities$4,446 $— $4,446 $— 
Total liabilities at fair value$4,446 $— $4,446 $— 
As of December 27, 2025, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:
 December 27, 2025
 TotalLevel 1Level 2Level 3
Assets:
Derivative assets$14,183 $— $14,183 $— 
Investments held in Rabbi Trust93,001 93,001 — — 
Total assets at fair value$107,184 $93,001 $14,183 $— 
Liabilities:
Derivative liabilities$6,692 $— $6,692 $— 
Total liabilities at fair value$6,692 $— $6,692 $— 
Schedule of Fair Values and Carrying Values of Debt The fair values and carrying values of these notes are shown in the tables below:
 June 27, 2026
Fair Value
 TotalLevel 1Level 2Level 3Carrying Value
Senior secured notes, 4.75% due 2029
$1,957,500 $— $1,957,500 $— $1,980,295 
Term loan credit facility601,900 — 601,900 — 567,423 
$2,559,400 $— $2,559,400 $— $2,547,718 
 December 27, 2025
Fair Value
 TotalLevel 1Level 2Level 3Carrying Value
Senior secured notes, 4.75% due 2029
$1,962,500 $— $1,962,500 $— $1,976,786 
Term loan credit facility805,910 — 805,910 — 764,849 
$2,768,410 $— $2,768,410 $— $2,741,635