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Fair Value Measurements (Tables)
3 Months Ended
Mar. 28, 2025
Fair Value Disclosures [Abstract]  
Fair Values of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the fair values of the Company’s assets and liabilities measured at fair value on a recurring basis as of March 28, 2025 (in thousands):

 

 

 

 

Quoted Prices in

 

 

 

 

 

Significant Other

 

 

 

 

 

Active Markets for

 

 

Significant Other

 

 

Unobservable

 

 

 

 

 

Identical Assets

 

 

Observable Inputs

 

 

Inputs

 

 

Fair Value

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Prepaid expenses and other current assets:

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

$

4

 

 

$

 

 

$

4

 

 

$

 

 

$

4

 

 

$

 

 

$

4

 

 

$

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses and other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

Contingent considerations - Current

$

59

 

 

$

 

 

$

 

 

$

59

 

Foreign currency forward contracts

 

118

 

 

 

 

 

 

118

 

 

 

 

 

$

177

 

 

$

 

 

$

118

 

 

$

59

 

 

The following table summarizes the fair values of the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 (in thousands):

 

 

 

 

Quoted Prices in

 

 

 

 

 

Significant Other

 

 

 

 

 

Active Markets for

 

 

Significant Other

 

 

Unobservable

 

 

 

 

 

Identical Assets

 

 

Observable Inputs

 

 

Inputs

 

 

Fair Value

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Prepaid expenses and other current assets:

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

$

1,226

 

 

$

 

 

$

1,226

 

 

$

 

 

$

1,226

 

 

$

 

 

$

1,226

 

 

$

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses and other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

Contingent considerations - Current

$

57

 

 

$

 

 

$

 

 

$

57

 

Foreign currency forward contracts

 

1,401

 

 

 

 

 

 

1,401

 

 

 

 

 

$

1,458

 

 

$

 

 

$

1,401

 

 

$

57