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Fair Value Disclosures
9 Months Ended
Sep. 28, 2024
Fair Value Disclosures [Abstract]  
Fair Value Disclosures Fair Value Disclosures
The Company has no assets or liabilities with carrying values that are remeasured and adjusted to fair value on a recurring basis for each reporting period. The Company has not elected the fair value option for any assets or liabilities.

As of September 28, 2024 and December 30, 2023, the fair value of the 2029 Notes was approximately $290 million and $273 million, respectively, which were estimated from inputs that are designated as Level 2 in the fair value hierarchy. The Company’s valuation technique is based primarily on observable market prices in less active markets.
The fair value of cash, cash equivalents, accounts receivable, accounts payable, and accrued liabilities approximate the carrying values as of September 28, 2024 and December 30, 2023 because of the short-term nature of these instruments.