Fair Value Measurements (Tables)

6 Months Ended

Jul. 02, 2023

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments:

	July 2, 2023				January 1, 2023
	Carrying Amount		Fair Value		Carrying Amount		Fair Value		Fair Value Measurements
Financial assets
Cash equivalents	$	435,451	$	435,451	$	560,682	$	560,682	Level 1
Other investments in equity securities (a)	1,718		1,718		12,107		12,107		Level 2
Financial liabilities (b)
Series 2022-1 Class A-2-I Notes	99,000		90,268		99,500		89,401		Level 2
Series 2022-1 Class A-2-II Notes	396,000		357,430		398,000		349,444		Level 2
Series 2021-1 Class A-2-I Notes	441,000		364,795		443,250		357,304		Level 2
Series 2021-1 Class A-2-II Notes	637,000		509,919		640,250		499,011		Level 2
Series 2019-1 Class A-2-I Notes	362,000		335,140		364,000		334,334		Level 2
Series 2019-1 Class A-2-II Notes	407,250		364,611		409,500		361,875		Level 2
Series 2018-1 Class A-2-II Notes	448,875		407,758		451,250		405,809		Level 2
7% debentures, due in 2025	56,463		58,067		86,369		92,367		Level 2

_______________

(a)The fair value of our other investments in equity securities is based on our review of information provided by the investment manager, which was based on observable price changes.

(b)The fair values were based on quoted market prices in markets that are not considered active markets.

Fair value of assets and liabilities (other than cash and cash equivalents) measured at fair value on a nonrecurring basis

			Fair Value Measurements
	July 2, 2023		Level 1		Level 2		Level 3
Held and used	$	539	$	—	$	—	$	539
Held for sale	475		—		—		475
Total	$	1,014	$	—	$	—	$	1,014

			Fair Value Measurements
	January 1, 2023		Level 1		Level 2		Level 3
Held and used	$	4,590	$	—	$	—	$	4,590
Held for sale	1,314		—		—		1,314
Total	$	5,904	$	—	$	—	$	5,904