v3.24.2.u1

Fair Value Measurements and Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2024

Fair Value Disclosures [Abstract]

Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of the following periods:

			June 28, 2024																								December 29, 2023
			Level 1						Level 2						Level 3						Total						Level 1						Level 2						Level 3						Total
Assets:
Interest Rate Swap			$	—					$	4,078					$	—					$	4,078					$	—					$	3,394					$	—					$	3,394
Total assets measured at fair value			$	—					$	4,078					$	—					$	4,078					$	—					$	3,394					$	—					$	3,394
Liabilities:
Incremental Term Loans			$	—					$	564,119					$	—					$	564,119					$	—					$	373,528					$	—					$	373,528
Revolver			—						194,000						—						194,000						—						370,000						—						370,000
Total liabilities measured at fair value			$	—					$	758,119					$	—					$	758,119					$	—					$	743,528					$	—					$	743,528

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- References

No definition available.

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X

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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