v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 04, 2026
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]  
Summary of Composition of Underlying Investments in Deferred Compensation Plan Trust Assets

The following tables summarize the composition of the underlying investments in the Company's deferred compensation plan trust assets, excluding cash and cash equivalents (in thousands):

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Balance as of
July 4,
2026

 

 

Quoted Price
in Active
Markets for
Identical Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs (Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money Market Funds

 

$

2,474

 

 

$

2,474

 

 

$

—

 

 

$

—

 

Mutual Funds

 

 

43,337

 

 

 

43,337

 

 

 

—

 

 

 

—

 

 

 

$

45,811

 

 

$

45,811

 

 

$

—

 

 

$

—

 

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Balance as of
January 3,
2026

 

 

Quoted Price
in Active
Markets for
Identical Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs (Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money Market Funds

 

$

6,733

 

 

$

6,733

 

 

$

—

 

 

$

—

 

Mutual Funds

 

 

37,389

 

 

 

37,389

 

 

 

—

 

 

 

—

 

 

 

$

44,122

 

 

$

44,122

 

 

$

—

 

 

$

—

 
Significant Unobservable Inputs (Level 3)  
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]  
Summary of Impairment Expense of Goodwill and Long-Lived Assets

The following table presents the amount of impairment expense of goodwill and long-lived assets (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 4, 2026

 

 

June 28, 2025

 

 

July 4, 2026

 

 

June 28, 2025

 

Impairment of goodwill

 

$

—

 

 

$

—

 

 

$

273,529

 

 

$

—

 

Impairment of property and equipment

 

 

12,686

 

 

 

2,010

 

 

 

24,764

 

 

 

3,459

 

Impairment of lease right-of-use assets

 

 

10,237

 

 

 

225

 

 

 

16,105

 

 

 

286

 

Total impairment losses

 

$

22,923

 

 

$

2,235

 

 

$

314,398

 

 

$

3,745