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Forgivable Loans (Tables)

12 Months Ended

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

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(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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Tabular disclosure of the forgivable loans activity.

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