v3.26.1
SUPPLEMENTAL BALANCE SHEET INFORMATION
 6 Months Ended
Jun. 28, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL BALANCE SHEET INFORMATION SUPPLEMENTAL BALANCE SHEET INFORMATION
Accounts receivable allowance for credit losses
The activity related to the accounts receivable allowance for credit losses was as follows:
Twenty-six weeks ended
(in thousands)June 28,
2026		June 29,
2025
Beginning balance$2,190 $1,009 
Current period provision376 435 
Write-offs(1,424)(568)
Foreign currency translation— — 
Ending balance$1,142 $876 
Prepaid expenses and other current assets
The balance of prepaid expenses and other current assets was made up of the following:
(in thousands)June 28,
2026		December 28,
2025
Prepaid software agreements$7,192 $6,997 
Other prepaid expenses5,880 7,484 
Assets held-for-sale
8,733 11,759 
Other current assets4,381 4,747 
Prepaid expenses and other current assets$26,186 $30,987 
Assets held-for-sale
The disposal group has been classified as held-for-sale since all criteria were met, and continue to be as of June 28, 2026. While we remain under contract with the prospective buyer, the delay in closing is due to circumstances beyond our control, and we continue to actively market and pursue alternative options for completion of a sale within a reasonable timeframe. We have not altered our plan to sell the disposal group.
During the thirteen weeks ended June 28, 2026, due to certain non-performance issues on the part of the prospective buyer, we updated our estimate of fair value less costs to sell based on recent comparable market transactions. This assessment resulted in a revised estimated fair value, less costs to sell of $8.7 million, compared to the carrying value of $11.8 million. As a result, we recognized a non-cash loss of $3.0 million during the thirteen and twenty-six weeks ended June 28, 2026, which is included in our Consolidated Statements of Operations and Comprehensive Income (Loss). This is the first adjustment to the carrying value of the disposal group since it was classified as held-for-sale.