v3.26.1
Forgivable Loans (Tables)
 6 Months Ended
Jul. 04, 2026
Forgivable Loans  
Schedule of forgivable loan activity
The following table presents forgivable loan activity for the respective periods (in thousands):
Fiscal Year-to-Date Period EndedFiscal Year Ended
July 4,
2026		January 3,
2026
Beginning balance$106,997 $55,492 
Advances81,974 87,909 
Repayments(1,433)(1,933)
Reclassifications from accrued expenses or to other assets (1)
(23,670)(2,203)
Amortization (2)
(22,143)(32,721)
Effects of foreign currency translation(130)453 
Ending balance$141,595 $106,997 
Current portion of forgivable loans$22,265 $16,726 
Non-current portion of forgivable loans$119,330 $90,271 
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(1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.
(2)During the fiscal year-to-date period ended July 4, 2026, approximately $0.1 million of amortization was accelerated due to involuntary terminations. During the fiscal year ended January 3, 2026, approximately $1.1 million of amortization was accelerated due to terminations.