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SUPPLEMENTAL BALANCE SHEET INFORMATION

3 Months Ended

Mar. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts receivable allowance for credit losses

The activity related to the accounts receivable allowance for credit losses was as follows:


	Thirteen weeks ended
(in thousands)	March 30, 2025		March 31, 2024
Beginning balance	$	1,009	$	2,005

Current period provision	250		370
Write-offs	(398)		(1,179)
Foreign currency translation	—		(1)
Ending balance	$	861	$	1,195

Prepaid expenses and other current assets

The balance of prepaid expenses and other current assets was made up of the following:


(in thousands)	March 30, 2025		December 29, 2024
Prepaid software agreements	$	8,838	$	8,501
Other prepaid expenses	6,652		6,329
Assets held-for-sale	11,759		11,759
Other current assets	4,011		5,197
Prepaid expenses and other current assets	$	31,260	$	31,786

Assets held-for-sale

As of March 30, 2025 and December 29, 2024, all criteria for classifying our Tacoma headquarters office building as held-for-sale were met. Completion of the sale of the building is expected within a year from March 30, 2025. The estimated fair value of the disposal group, less costs to sell, continues to exceed its carrying value of $11.8 million, and therefore no impairment charge was recorded during the thirteen weeks ended March 30, 2025.