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Interest Expense (Income)
6 Months Ended
Jul. 02, 2022
Banking And Thrift Interest [Abstract]  
Interest Expense (Income)

10. Interest Expense (Income)

The components of net interest expense for the second quarter and first six months of 2022 and 2021 are as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

Six Months (26 Weeks) Ended

 

 

 

July 2, 2022

 

 

July 3, 2021

 

 

July 2, 2022

 

 

July 3, 2021

 

Interest expense

 

$

63,514

 

 

$

37,661

 

 

$

107,590

 

 

$

78,631

 

Interest income

 

 

(5,751

)

 

 

(1,881

)

 

 

(6,692

)

 

 

(3,207

)

Interest expense, net

 

$

57,763

 

 

$

35,780

 

 

$

100,898

 

 

$

75,424