WARRANTIES

12 Months Ended

Dec. 30, 2023

Guarantees [Abstract]

WARRANTIES

(17) WARRANTIES

The Company’s product warranty accrual reflects management’s best estimate of the probable liability under its product warranties. Historical product claims data is used to estimate the cost of product warranties at the time revenue is recognized.

Changes in the product warranty accrual, which are recorded in “Other accrued expenses” in the Consolidated Balance Sheets, for the fiscal years ended December 30, 2023 and December 31, 2022 were as follows:

	Fiscal Year Ended
	December 30,		December 31,
	2023		2022
Balance, beginning of period	$	19,773	$	21,308
Payments made		(17,072)		(10,569)
Change in liability for warranties issued during the period		24,096		12,866
Change in liability for pre-existing warranties		(4,363)		(3,832)
Balance, end of period	$	22,434	$	19,773