v3.26.3
Fair Value of Financial Instruments (Tables)
9 Months Ended
Oct. 10, 2026
Fair Value Disclosures [Abstract]  
Carrying Value of Distributor Notes Receivable

At October 10, 2026 and January 3, 2026, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

 

 

 

October 10, 2026

 

 

January 3, 2026

 

Distributor notes receivable

 

$

130,909

 

 

$

130,723

 

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

 

 

(25,363

)

 

 

(22,241

)

Long-term portion of distributor notes receivable

 

$

105,546

 

 

$

108,482

 

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

 

 

 

Carrying Value

 

 

Fair Value

 

 

Level

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

 

$

496,756

 

 

$

418,750

 

 

2

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

 

$

495,213

 

 

$

451,875

 

 

2

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

 

$

294,731

 

 

$

227,484

 

 

2