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EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Jan. 03, 2026

Retirement Benefits [Abstract]

Reconciliation of changes in the projected pension benefit obligation and plan assets

A reconciliation of changes in the projected pension benefit obligation and plan assets is as follows:

			For the period ended						Fiscal year ended
(dollars in thousands)			August 31, 2025(*)						December 28, 2024
Change in projected benefit obligation:
Projected benefit obligation at beginning of year			$	43,077					$	54,785
Interest cost			1,519						2,401
Actuarial gain			(1,010)						(4,202)
Benefits paid			(2,059)						(3,021)
Settlements			(41,527)						(6,886)
Amendment to distribute excess assets to participants			3,381						—
Projected benefit obligation at end of period			$	3,381					$	43,077
Change in plan assets:
Fair value of plan assets at beginning of year			$	45,549					$	55,959
Actual return on plan assets			1,418						(503)
Benefits paid			(2,059)						(3,021)
Effect of settlement			(41,527)						(6,886)
Fair value of plan assets at end of period			$	3,381					$	45,549
Funded status			$	—					$	2,472

(*)Reconciliation is presented based on a measurement date of August 31, 2025. Since the pension plan was effectively settled, the Company did not remeasure the projected benefit obligation as of January 3, 2026.

Components of post retirement benefit expense and pension expense

The components of net periodic pension cost recognized in the statement of operations and changes recognized in other comprehensive income were as follows:

			Fiscal year ended
(dollars in thousands)			January 3, 2026						December 28, 2024						December 30, 2023
Recognized in the statement of operations:
Interest cost			$	1,519					$	2,401					$	2,617
Expected return on plan assets			(1,318)						(2,176)						(2,372)
Amortization of net loss(*)			76						148						189
Pension plan settlement charge(*)			8,777						949						—
Net periodic pension cost			$	9,054					$	1,322					$	434
Changes recognized in other comprehensive income:
Net gain arising during the fiscal year			$	(1,109)					$	(1,523)					$	(21)
Prior service cost			3,381						—						—
Amortization of net loss(*)			(76)						(148)						(189)
Pension plan settlement charge(*)			(8,777)						(949)						—
Total changes recognized in other comprehensive income			$	(6,581)					$	(2,620)					$	(210)
Total net periodic pension cost (benefit) and changes recognized in other comprehensive income			$	2,473					$	(1,298)					$	224

(*)Represents pre-tax amounts reclassified from Accumulated other comprehensive loss into the statement of operations, including amounts recognized as a result of the pension plan settlement.

Schedule of assumptions used in actuarial computations

The actuarial assumptions used in determining the benefit obligation and net periodic pension cost for our pension plan are presented in the following table:

Benefit obligation(1)			2025						2024
Discount rate(1)			n/a						5.50%
Net periodic pension cost(2)			2025						2024						2023
Discount rate			5.50%						4.75%						5.00%
Expected long-term rate of return on plan assets			5.50%						4.75%						5.00%

(1)As of January 3, 2026, the remaining benefit obligation relates solely to surplus plan assets, which were distributed in the first quarter of fiscal 2026.

(2)Net periodic pension cost for fiscal 2025 reflects assumptions applied through the settlement date (August 31, 2025).

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Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (k)
-Publisher FASB
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Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (a)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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-Subparagraph (h)
-Name Accounting Standards Codification
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