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Derivative Instruments (Tables)
9 Months Ended
Sep. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Condensed Consolidated Balance Sheets, Fair Value
The following tables present the fair values of derivative instruments included in the Condensed Consolidated Balance Sheets as of September 28, 2025 and December 29, 2024, for derivatives not designated as hedging instruments and derivatives designated as hedging instruments, respectively. The Company only has cash flow hedges that are designated as hedging instruments.
Derivatives Fair Value
Derivatives Not Designated as Hedging
Instruments
September 28, 2025December 29,
2024
Balance Sheet Location
Foreign currency derivatives
$237 $— Prepaid expense and other current assets
Commodity derivatives
193 — Prepaid expense and other current assets
Total Assets$430 $ 
Foreign currency derivatives
$— $749 Accrued liabilities
Commodity derivatives — Accrued liabilities
Total Liabilities$ $755 
Derivatives Fair Value
Derivatives Designated as Hedging InstrumentsSeptember 28, 2025December 29,
2024
Balance Sheet Location
Interest rate derivatives (current)
$— $112 Prepaid expense and other current assets
Interest rate derivatives (noncurrent)
— 250 Other assets
Total Assets$ $362 
Interest rate derivatives (current)
$3,372 $— 
Accrued liabilities
Interest rate derivatives (noncurrent)
4,984 — 
Other long-term obligations and deferred credits
Total Liabilities$8,356 $ 
Schedule of Derivative Instruments in Condensed Consolidated Statements of Operations, Gain (Loss)
The effect of derivative instruments in the Condensed Consolidated Statements of Operations for the quarter and three quarters ended September 28, 2025 and September 29, 2024 is as follows:
 
Derivative Gain Recognized in Income for the Quarter Ended
Derivative Gain Recognized in Income for the Three Quarters Ended
 
Derivatives Designated as Hedging InstrumentsSeptember 28, 2025September 29, 2024September 28, 2025September 29, 2024
Location of Derivative Gain Recognized in Income
Gain on interest rate derivatives$378 $903 $1,001 $6,970 Interest expense, net
 $378 $903 $1,001 $6,970  
 
Derivative Gain/(Loss) Recognized in Income for the Quarter Ended
Derivative Gain Recognized in Income for the Three Quarters Ended
 
Derivatives Not Designated as Hedging InstrumentsSeptember 28, 2025September 29, 2024September 28, 2025September 29, 2024
Location of Derivative (Loss)/Gain Recognized in Income
Gain on foreign currency derivatives$1,103 $700 $986 $637 Other non-operating (income)/expense, net
Gain/(loss) on commodity derivatives59 (263)199 Other non-operating (income)/expense, net
 $1,162 $437 $1,185 $640