v3.26.1
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jul. 18, 2026
Fair Value Disclosures [Abstract]  
Carrying Value of Distributor Notes Receivable

At July 18, 2026 and January 3, 2026, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

 

 

 

July 18, 2026

 

 

January 3, 2026

 

Distributor notes receivable

 

$

129,910

 

 

$

130,723

 

Less: current portion of distributor notes receivable recorded in
   accounts and notes receivable, net

 

 

(21,577

)

 

 

(22,241

)

Long-term portion of distributor notes receivable

 

$

108,333

 

 

$

108,482

 

Schedule of Fair Values of Notes The fair values of the senior notes is presented in the table below (amounts in thousands, except level classification):

 

 

 

Carrying Value

 

 

Fair Value

 

 

Level

3.500% senior notes due 2026 ("2026 notes")

 

$

399,885

 

 

$

399,339

 

 

2

2.400% senior notes due 2031 ("2031 notes")

 

$

496,589

 

 

$

434,863

 

 

2

5.750% senior notes due 2035 ("2035 notes")

 

$

495,083

 

 

$

480,504

 

 

2

6.200% senior notes due 2055 ("2055 notes")

 

$

294,689

 

 

$

255,346

 

 

2