DEFINED BENEFIT RETIREMENT PLAN (Tables)

12 Months Ended

Dec. 30, 2023

Retirement Benefits [Abstract]

Schedule of Changes in PBO and Fair Value of Plan Assets for Pension Plan

Changes in the PBO and fair value of plan assets for the Plan for the period from December 31, 2022 to December 30, 2023 were as follows:

	Projected
	Benefit		Plan		Funded
	Obligation		Assets		Status
Fair value as of December 31, 2022	$	435,711	$	459,927	$	24,216
Employer contributions		—		17,345
Interest cost		21,555		—
Actual return on plan assets		—		10,966
Benefits paid		(20,683)		(20,683)
Actuarial loss		17,692		—
Currency translation		23,488		25,612
Fair value as of December 30, 2023	$	477,763	$	493,167	$	15,404

Changes in the PBO and fair value of plan assets for the Plan for the period from December 25, 2021 to December 31, 2022 were as follows:

	Projected
	Benefit		Plan		Funded
	Obligation		Assets		Status
Fair value as of December 25, 2021	$	761,706	$	761,170	$	(536)
Employer contributions		—		17,155
Interest cost		12,551		—
Actual return on plan assets		—		(228,493)
Benefits paid		(20,175)		(20,175)
Actuarial gain		(248,252)		—
Currency translation		(70,119)		(69,730)
Fair value as of December 31, 2022	$	435,711	$	459,927	$	24,216

Schedule of Pre-Tax Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

Pre-tax amounts recognized in accumulated other comprehensive income (loss) as of December 30, 2023 and December 31, 2022 consisted of actuarial losses, as follows:

Balance as of December 25, 2021	$	(60,940)
Actuarial loss		(2,915)
Amortization of prior service costs		493
Currency translation gain		5,451
Balance as of December 31, 2022		(57,911)
Actuarial loss		(28,071)
Amortization of prior service costs		498
Currency translation loss		(3,667)
Balance as of December 30, 2023	$	(89,151)

Schedule of Weighted-Average Actuarial Assumptions Used to Determine the Benefit Obligation

The weighted-average actuarial assumptions used to determine the benefit obligation as of December 30, 2023 and December 31, 2022 were as follows:

	December 30,		December 31,
	2023		2022
Discount rate	4.50	%	4.80	%
Salary increase	N/A		N/A
Consumer Price Index ("CPI") inflation	2.25	%	2.35	%
Retail Price Index ("RPI") inflation	3.05	%	3.25	%

Schedule of Components of the Net Periodic Pension (Benefit) Expense

The components of the net periodic pension cost (benefit) for the fiscal years ended December 30, 2023 and December 31, 2022 were as follows:

	Fiscal Year Ended
	December 30,		December 31,
	2023		2022
Interest cost	$	21,555	$	12,551
Expected return on plan assets		(21,804)		(23,131)
Amortization of prior service costs		498		493
Net periodic pension cost (benefit)	$	249	$	(10,087)

Schedule of Weighted-Average Actuarial Assumptions Used to Determine Expense

	December 30,		December 31,
	2023		2022
Discount rate for benefit obligations	4.80	%	1.90	%
Discount rate for interest cost	4.90	%	1.80	%
Expected return on plan assets	4.85	%	3.48	%
CPI inflation	2.35	%	2.70	%
RPI inflation	3.25	%	3.30	%

Schedule of Expected Pension Benefit Payments

The following table details expected pension benefit payments for the fiscal years 2024 through 2033:

2024	$	21,641
2025		22,278
2026		23,042
2027		23,678
2028		24,442
2029 - 2033		133,540

Schedule of Pension Plan Assets Measured at Fair Value on a Recurring Basis

	Fair Value Measurement Using:
December 30, 2023	Level 1		Level 2			Level 3	Total
Plan assets at fair value:
Temporary cash investments	$	7,077	$	—	$	—	$	7,077
Plan assets at NAV:
Leveraged inflation-linked gilt funds								216,405
Corporate bonds								74,440
Corporate stock								72,548
Secured income asset funds								122,697
Total plan assets at NAV								486,090
Total plan assets							$	493,167

	Fair Value Measurement Using:
December 31, 2022	Level 1		Level 2			Level 3	Total
Plan assets at fair value:
Temporary cash investments	$	5,916	$	—	$	—	$	5,916
Plan assets at NAV:
Leveraged inflation-linked gilt funds								206,555
Corporate bonds								63,953
Corporate stock								55,379
Secured income asset funds								128,124
Total plan assets at NAV								454,011
Total plan assets							$	459,927