DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 27, 2024

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of the fair values of outstanding derivatives designated as hedging instruments

		Fair Value of Derivative
		Instruments as of
	Balance Sheet Location	September 27, 2024		December 29, 2023
		(in thousands)
Interest rate swap agreement	Current assets	$	—	$	46
Interest rate swap agreement	Accrued liabilities		(339)		—
Interest rate swap agreement	Other noncurrent liabilities		(683)		(887)

Schedule of accumulated other comprehensive income (loss)

	Gain (Loss) on		Accumulated Other
	Derivative Instruments		Comprehensive Income (Loss)
	(in thousands)
Balances at December 29, 2023	$	(664)	$	(664)
Other comprehensive income (loss) before reclassifications		549		549
Amounts reclassified from accumulated other comprehensive income (loss):		—		—
Income tax benefit (expense) related to derivative instruments		(115)		(115)
Net current-period other comprehensive income (loss)		434		434
Balances at March 29, 2024	$	(230)	$	(230)
Other comprehensive income (loss) before reclassifications		127		127
Amounts reclassified from accumulated other comprehensive income (loss):		—		—
Income tax benefit (expense) related to derivative instruments		(26)		(26)
Net current-period other comprehensive income (loss)		101		101
Balances at June 28, 2024	$	(129)	$	(129)
Other comprehensive income (loss) before reclassifications		(858)		(858)
Amounts reclassified from accumulated other comprehensive income (loss):		—		—
Income tax benefit (expense) related to derivative instruments		180		180
Net current-period other comprehensive income (loss)		(678)		(678)
Balances at September 27, 2024	$	(807)	$	(807)