v3.26.3
Fair Value Measurements (Tables)
 9 Months Ended
Oct. 03, 2026
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]  
Summary of Composition of Underlying Investments in Deferred Compensation Plan Trust Assets

The following tables summarize the composition of the underlying investments in the Company's deferred compensation plan trust assets, excluding cash and cash equivalents (in thousands):

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Balance as of
October 3,
2026

 

 

Quoted Price
in Active
Markets for
Identical Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs (Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money Market Funds

 

$

6,066

 

 

$

6,066

 

 

$

—

 

 

$

—

 

Mutual Funds

 

 

39,387

 

 

 

39,387

 

 

 

—

 

 

 

—

 

 

 

$

45,453

 

 

$

45,453

 

 

$

—

 

 

$

—

 

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Balance as of
January 3,
2026

 

 

Quoted Price
in Active
Markets for
Identical Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs (Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money Market Funds

 

$

6,733

 

 

$

6,733

 

 

$

—

 

 

$

—

 

Mutual Funds

 

 

37,389

 

 

 

37,389

 

 

 

—

 

 

 

—

 

 

 

$

44,122

 

 

$

44,122

 

 

$

—

 

 

$

—

 
Significant Unobservable Inputs (Level 3)  
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]  
Schedule of Impairment Expense of Goodwill, Indefinite-lived Intangible Assets and Long-lived Assets

The following table presents the amount of impairment expense of goodwill, indefinite-lived intangible assets, and long-lived assets (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 3, 2026

 

 

September 27, 2025

 

 

October 3, 2026

 

 

September 27, 2025

 

Impairment of goodwill

 

$

71,372

 

 

$

—

 

 

$

344,901

 

 

$

—

 

Impairment of lease right-of-use assets

 

 

7,749

 

 

 

510

 

 

 

23,854

 

 

 

796

 

Impairment of property and equipment

 

 

3,934

 

 

$

2,799

 

 

 

28,698

 

 

$

6,258

 

Impairment of indefinite-lived intangible assets

 

 

3,700

 

 

 

—

 

 

 

3,700

 

 

 

—

 

Total impairment losses

 

$

86,755

 

 

$

3,309

 

 

$

401,153

 

 

$

7,054