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Forgivable Loans (Tables) | 12 Months Ended
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Dec. 30, 2023
Forgivable Loans |
Schedule of forgivable loan activity | The following table presents forgivable loan activity for the respective periods (in thousands):
| Fiscal Year |  | Fiscal Year
| 2023 |  | 2022
Beginning balance | $ | 56,456 |  |  | $ | 48,591 |
Advances | 23,342 |  |  | 34,984 |
Repayments | (1,816) |  |  | (25) |
Reclassifications from accrued expenses or to other assets (1) | — |  |  | (2,192) |
Amortization | (24,198) |  |  | (24,403) |
Effects of foreign currency translation | 157 |  |  | (499) |
Ending balance | $ | 53,941 |  |  | $ | 56,456 |
Current portion of forgivable loans | $ | 8,759 |  |  | $ | 9,666 |
Non-current portion of forgivable loans | $ | 45,182 |  |  | $ | 46,790 |
_______________________________ (1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.

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- Definition Tabular disclosure of the forgivable loans activity. + References No definition available. + Details
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