v3.26.3
Fair Value Measures (Tables)
9 Months Ended
Sep. 28, 2026
Fair Value Disclosures [Abstract]  
Carrying Amount and Estimated Fair Value of Financial Instruments

The carrying amount and estimated fair value of the Company’s financial instruments were as follows:

 

 

 

As of

 

 

 

September 28, 2026

 

 

December 29, 2025

 

 

 

Carrying Amount

 

 

Fair Value

 

 

Carrying Amount

 

 

Fair Value

 

 

 

(In thousands)

 

Derivatives designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

 

Derivative assets, current

 

$

12,009

 

 

$

12,009

 

 

$

—

 

 

$

—

 

Derivative liabilities, current

 

 

—

 

 

 

—

 

 

 

31

 

 

 

31

 

Derivative liabilities, non-current

 

 

21,109

 

 

 

21,109

 

 

 

382

 

 

 

382

 

Derivatives not designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

 

Derivative assets, current

 

 

2,600

 

 

 

2,600

 

 

 

5,212

 

 

 

5,212

 

Derivative liabilities, current

 

 

278

 

 

 

278

 

 

 

—

 

 

 

—

 

Senior Notes due March 2029

 

 

497,978

 

 

 

473,120

 

 

 

497,392

 

 

 

488,325

 

Senior Notes due October 2034

 

 

490,961

 

 

 

499,715

 

 

 

—

 

 

 

—

 

Term Loan due May 2030

 

 

394,933

 

 

 

399,998

 

 

 

336,778

 

 

 

345,806

 

RCF due May 2031

 

 

260,000

 

 

 

260,000

 

 

 

—

 

 

 

—

 

Asia ABL Revolving Loan due June 2028

 

 

—

 

 

 

—

 

 

 

80,000

 

 

 

80,000

 

Other loan

 

 

—

 

 

 

—

 

 

 

1,981

 

 

 

1,981