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VENTURE CAPITAL AND STRATEGIC EQUITY INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Venture capital investments are summarized below:


	December 31, 2022		December 25, 2021		December 26, 2020
	(in thousands)
Beginning balance	$	149,640	$	197,100	$	108,983
Capital contributions	14,485		18,023		14,456
Distributions	(9,861)		(40,205)		(27,586)
Gain (loss)	(24,398)		(23,201)		101,288
Foreign currency translation	(854)		(2,077)		(41)

Ending balance	$	129,012	$	149,640	$	197,100

The Company also invests, with minority positions, directly in equity of predominantly privately-held companies. Strategic investments are summarized below:


	December 31, 2022		December 25, 2021		December 26, 2020
	(in thousands)
Beginning balance	$	51,712	$	24,704	$	13,996
Acquired investments	142,477		35,540		10,748
Distributions	(2,732)		(789)		—
Gain (loss)	(2,377)		(7,219)		(427)
Foreign currency translation	(6,490)		(524)		387
Ending balance	$	182,590	$	51,712	$	24,704