Investments (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Equity Method Investments

Schedule of Equity Method Investments and Other Investments in Equity Securities

The following is a summary of the carrying value of our investments:

	Year End
	December 31, 2023		January 1, 2023
Equity method investments	$	32,727	$	33,921
Other investments in equity securities	1,718		12,107
	$	34,445	$	46,028

Schedule of Equity Method Investments

Presented below is activity related to our investment in TimWen included in our consolidated balance sheets and consolidated statements of operations as of and for the years ended December 31, 2023, January 1, 2023 and January 2, 2022.

	Year Ended
	2023		2022		2021
Balance at beginning of period	$	33,921	$	39,870	$	44,574
Equity in earnings for the period	13,493		12,267		14,329
Amortization of purchase price adjustments (a)	(2,674)		(2,845)		(3,126)
	10,819		9,422		11,203
Distributions received	(12,901)		(12,612)		(16,337)
Foreign currency translation adjustment included in “Other comprehensive income (loss)” and other	888		(2,759)		430
Balance at end of period	$	32,727	$	33,921	$	39,870

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(a)Purchase price adjustments that impacted the carrying value of the Company’s investment in TimWen are being amortized over the average original aggregate life of 21 years.