v3.25.2
Fair Value Measurements and Financial Instruments (Tables)
6 Months Ended
Jul. 04, 2025
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:
July 4, 2025January 3, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets:
Deferred Compensation Plan Investments$4,455 $— $— $4,455 $4,394 $— $— $4,394 
Interest Rate Swaps— 1,815 — 1,815 — 5,685 — 5,685 
Total assets measured at fair value$4,455 $1,815 $— $6,270 $4,394 $5,685 $— $10,079 
Liabilities:
Incremental Term Loans$— $541,780 $— $541,780 $— $552,061 $— $552,061 
Revolver— 157,000 — 157,000 — 153,000 — 153,000 
Deferred Compensation Plan Liabilities4,434 — — 4,434 4,300 — — 4,300 
Interest Rate Swaps— 168 — 168 — — — — 
Total liabilities measured at fair value$4,434 $698,948 $— $703,382 $4,300 $705,061 $— $709,361