v3.26.1
OTHER CURRENT LIABILITIES
 6 Months Ended
Jul. 04, 2026
Other Liabilities Disclosure [Abstract]  
OTHER CURRENT LIABILITIES OTHER CURRENT LIABILITIES
Other current liabilities consisted of the following:
(dollars in thousands)July 4, 2026January 3, 2026June 28, 2025
Income taxes payable(1)
$27,030 $635 $4,759 
Accrued interest(2)
26,761 5,736 8,269 
Unredeemed gift cards25,795 25,994 24,998 
Accrued employee benefits(3)
13,380 28,021 15,130 
Accrued bonuses and incentive compensation4,582 19,861 7,435 
Accrued taxes4,367 10,334 5,538 
Accrued salaries and wages4,281 4,236 12,333 
Other(4)
33,666 38,992 16,808 
Other current liabilities$139,862 $133,809 $95,270 
(1)Increase as of July 4, 2026 reflects incremental income taxes on the IEEPA tariff refunds received during the second quarter of fiscal 2026.
(2)Increase as of July 4, 2026 reflects the timing of interest payments on long-term debt.
(3)Includes accruals for severance and other termination benefits. See Note 13, Organizational Restructuring, for additional information.
(4)Amount as of July 4, 2026 and January 3, 2026 includes liabilities under the deferred compensation plan. See Note 10, Fair Value Measurements, for additional information.