v3.26.3
FAIR VALUE (Tables)
9 Months Ended
Sep. 26, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:
September 26, 2026
Level 1Level 2Level 3Total

(in thousands)
Other assets measured at fair value:
Life insurance policies$— $21,858 $— $21,858 
Total assets measured at fair value$— $21,858 $— $21,858 
Accrued liabilities measured at fair value:
Contingent consideration$— $— $25,095 $25,095 
Other long-term liabilities measured at fair value:
Contingent consideration$— $— $19,905 $19,905 
Total liabilities measured at fair value$— $— $45,000 $45,000 
December 27, 2025
Level 1Level 2Level 3Total
(in thousands)
Other assets measured at fair value:
Life insurance policies$— $58,427 $— $58,427 
Total assets measured at fair value$— $58,427 $— $58,427 
Accrued liabilities measured at fair value:
Contingent consideration$— $— $30,000 $30,000 
Total liabilities measured at fair value$— $— $30,000 $30,000 
September 26, 2026December 27, 2025
Book ValueFair ValueBook ValueFair Value
(in thousands)
4.25% Senior Notes due 2028
$500,000 $488,500 $500,000 $493,800 
3.75% Senior Notes due 2029
500,000 473,450 500,000 483,550 
4.00% Senior Notes due 2031
500,000 456,250 500,000 474,050 
Schedule of Rollforward of Contingent Consideration Related to Previous Acquisitions
The following table provides a rollforward of the contingent consideration related to the Company’s acquisitions and divestitures.
Nine Months Ended
September 26, 2026September 27, 2025
(in thousands)
Beginning balance$30,000 $49,311 
Additions45,000 — 
Payments(30,000)(25,000)
Total gains or losses (realized/unrealized):
Adjustment of previously recorded contingent liability— 3,754 
Ending balance$45,000 $28,065