v3.26.1
LEASES (Tables)
 6 Months Ended
Jul. 04, 2026
Leases [Abstract]  
Schedule of Components of Leases
The components of lease expense were as follows (in thousands):
Lease Cost Condensed Consolidated
Statements of Income (Loss)
and Comprehensive
Income (Loss) Location		For the 13 Weeks Ended July 4, 2026For the 13 Weeks Ended July 5, 2025For the 26 Weeks Ended July 4, 2026For the 27 Weeks Ended July 5, 2025
Operating lease cost(1)
SG&A$13,603 $13,046 $27,120 $27,751 
Short-term lease costSG&A$70 $108 $125 $274 
Variable lease costSG&A$3,535 $5,162 $7,392 $8,963 
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(1) Includes sublease income, which was immaterial.

The following table discloses supplemental balance sheet information for the Company’s leases (in thousands):
Leases Condensed
Consolidated
Balance Sheets
Location		July 4, 2026January 3, 2026
Assets
OperatingOperating lease ROU assets $120,493 $118,302 
Liabilities
Current:
OperatingCurrent operating lease liabilities$32,056 $34,768 
Noncurrent:
OperatingLong-term operating lease liabilities$106,868 $104,442 

The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases:
Lease Term and Discount RateJuly 4, 2026January 3, 2026
Weighted-average remaining lease term:
Operating leases 6.1 years6.1 years
Weighted-average discount rate:
Operating leases 15.3 %15.2 %
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
Future minimum lease payments by year as of July 4, 2026 were as follows (in thousands):
Fiscal YearOperating Leases
2026 (remaining)$28,316 
202744,881 
202831,516 
202927,411 
203021,596 
Thereafter64,847 
Total lease payments$218,567 
Less: Interest79,643 
Total lease obligations$138,924 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows (in thousands):
For the 26 Weeks Ended July 4, 2026For the 27 Weeks Ended July 5, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$30,808 $35,269 
Leased assets obtained in exchange for new operating lease liabilities21,602 11,989