v3.26.1
Derivative Financial Instruments (Tables)
6 Months Ended
Jul. 04, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Losses and Gains from Derivatives

The following losses and gains from these derivatives not designated as hedging instruments were recognized in the Company’s consolidated statements of operations for the three and six-month periods ended July 4, 2026 and June 28, 2025, respectively (amounts in thousands):

 

 

Statement of Operations

For the three-month periods ended

 

 

Classification

July 4, 2026

 

June 28, 2025

 

Interest rate cap agreements

Other income (expense)

$

1,431

 

$

(3,656

)

Interest rate swap agreements

Other income (expense)

$

(2,014

)

$

(2,322

)

 

 

 

 

 

 

 

Statement of Operations

For the six-month periods ended

 

 

Classification

July 4, 2026

 

June 28, 2025

 

Interest rate cap agreements

Other income (expense)

$

2,621

 

$

(11,126

)

Interest rate swap agreements

Other income (expense)

$

(3,851

)

$

(6,454

)