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FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 29, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
Our assets measured at fair value on a recurring basis consisted of the following:
December 29, 2024
(in thousands)Total fair valueQuoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)
Cash and cash equivalents$22,536 $22,536 $— $— 
Restricted cash and cash equivalents38,564 38,564 — — 
Cash, cash equivalents and restricted cash and cash equivalents (1)$61,100 $61,100 $— $— 
Municipal debt securities$22,355 $— $22,355 $— 
Corporate debt securities63,512 — 63,512 — 
Agency mortgage-backed securities11,754 — 11,754 — 
U.S. government and agency securities971 — 971 — 
Restricted investments classified as held-to-maturity (2)$98,592 $— $98,592 $— 
December 31, 2023
(in thousands)Total fair valueQuoted prices in active markets for identical assets (level 1)Significant other observable inputs (level 2)Significant unobservable inputs (level 3)
Cash and cash equivalents$61,885 $61,885 $— $— 
Restricted cash and cash equivalents37,421 37,421 — — 
Cash, cash equivalents and restricted cash and cash equivalents (1)$99,306 $99,306 $— $— 
Municipal debt securities$31,804 $— $31,804 $— 
Corporate debt securities74,912 — 74,912 — 
Agency mortgage-backed securities13,235 — 13,235 — 
U.S. government and agency securities962 — 962 — 
Restricted investments classified as held-to-maturity (2)$120,913 $— $120,913 $— 
(1)Cash, cash equivalents and restricted cash and cash equivalents include money market funds and deposits.
(2)Refer to Note 4: Restricted Cash, Cash Equivalents and Investments for additional details on our held-to-maturity debt securities.