v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jul. 03, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table sets forth the fair value of the Company’s financial assets measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):

 

July 3, 2026

 

December 31, 2025

(in thousands)

Level 1

 

Level 2

 

Level 3

 

Total

 

Level 1

 

Level 2

 

Level 3

 

Total

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

34,064

 

$

 

$

 

$

34,064

 

$

25,322

 

$

 

$

 

$

25,322

Schedule of Financial Instruments Not Recorded at Fair Value on a Recurring Basis

The Company’s financial instruments not recorded at fair value on a recurring basis were as follows:

 

July 3, 2026

 

December 31, 2025

Carrying

 

Fair Value

 

Carrying

 

Fair Value

(in thousands)

Value

 

Level 1

 

Level 2

 

Level 3

 

Value

 

Level 1

 

Level 2

 

Level 3

Long-term debt

$

110,611

 

$

 

$

110,611

 

$

 

$

112,084

 

$

 

$

112,084

 

$