Fair Value Measurements and Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 29, 2024

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on a Recurring Basis

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis:

	Fair Value as of June 29, 2024
(In thousands)	Level 1		Level 2		Level 3		Total
Assets:
Money market funds and time deposits	$	11,567	$	—	$	—	$	11,567
Banker's acceptance drafts (a)	$	—	$	7,574	$	—	$	7,574
Liabilities:
Forward currency-exchange contracts	$	—	$	25	$	—	$	25

	Fair Value as of December 30, 2023
(In thousands)	Level 1		Level 2		Level 3		Total
Assets:
Money market funds and time deposits	$	14,795	$	—	$	—	$	14,795
Banker's acceptance drafts (a)	$	—	$	10,826	$	—	$	10,826
Forward currency-exchange contracts	$	—	$	8	$	—	$	8
Liabilities:
Forward currency-exchange contract	$	—	$	51	$	—	$	51

(a)Included in accounts receivable in the accompanying condensed consolidated balance sheet.

Carrying Value and Fair Value of Debt Obligations

The carrying value and fair value of debt obligations, excluding lease obligations, are as follows:

	June 29, 2024				December 30, 2023
	Carrying Value		Fair Value		Carrying Value		Fair Value
(In thousands)
Debt Obligations:
Revolving credit facility	$	333,322	$	333,322	$	98,761	$	98,761
Senior promissory notes	8,330		8,136		8,330		8,182
Other	1,662		1,662		1,995		1,995
	$	343,314	$	343,120	$	109,086	$	108,938