Interest (Income) Expense

3 Months Ended

Mar. 30, 2024

Banking and Thrift, Interest [Abstract]

Interest (Income) Expense

10. Interest (Income) Expense

The components of net interest (income) expense for the first quarter of 2024 and 2023 are as follows (in thousands):

	Three Months (13 Weeks) Ended
	March 30, 2024			April 1, 2023
Interest expense	$	43,487		$	62,682
Interest income		(81,274	)		(52,499	)
Interest (income) expense, net	$	(37,787	)	$	10,183