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FAIR VALUE (Tables)
 3 Months Ended
Mar. 29, 2025
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:
 March 29, 2025
Level 1Level 2Level 3Total
Current assets measured at fair value:(in thousands)
Cash equivalents$— $31 $— $31 
Other assets:
Life insurance policies— 46,052 — 46,052 
Total assets measured at fair value$— $46,083 $— $46,083 
Accrued liabilities measured at fair value:
Contingent consideration$— $— $25,000 $25,000 
Other long-term liabilities measured at fair value:
Contingent consideration$— $— $25,220 $25,220 
Total liabilities measured at fair value$— $— $50,220 $50,220 
 December 28, 2024
Level 1Level 2Level 3Total
Current assets measured at fair value:(in thousands)
Cash equivalents$— $30 $— $30 
Other assets:
Life insurance policies— 48,152 — 48,152 
Total assets measured at fair value$— $48,182 $— $48,182 
Accrued liabilities measured at fair value:
Contingent consideration$— $— $25,000 $25,000 
Other long-term liabilities measured at fair value
Contingent consideration$— $— $24,311 $24,311 
Total liabilities measured at fair value$— $— $49,311 $49,311 
March 29, 2025December 28, 2024
Book ValueFair ValueBook ValueFair Value
(in thousands)
4.25% Senior Notes due 2028
$500,000 $478,750 $500,000 $473,750 
3.75% Senior Notes due 2029
500,000 458,100 500,000 456,250 
4.00% Senior Notes due 2031
500,000 448,600 500,000 441,250 
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.
Three Months Ended
March 29, 2025March 30, 2024
(in thousands)
Beginning balance$49,311 $33,265 
Total gains or losses (realized/unrealized):
Adjustment of previously recorded contingent liability909 — 
Ending balance$50,220 $33,265