Fair Value Measurements (Tables)

6 Months Ended

Jun. 27, 2025

Fair Value Disclosures [Abstract]

Fair Values of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the fair values of the Company’s assets and liabilities measured at fair value on a recurring basis as of June 27, 2025 (in thousands):

			Quoted Prices in				Significant Other
			Active Markets for		Significant Other		Unobservable
			Identical Assets		Observable Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
Assets
Prepaid expenses and other current assets:
Foreign currency forward contracts	$	200	$	—	$	200	$	—
	$	200	$	—	$	200	$	—
Liabilities
Accrued expenses and other current liabilities:
Contingent considerations - Current	$	4,461	$	—	$	—	$	4,461
Contingent considerations - Long term		458		—		—		458
Foreign currency forward contracts		302		—		302		—
	$	5,221	$	—	$	302	$	4,919

The following table summarizes the fair values of the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 (in thousands):

			Quoted Prices in				Significant Other
			Active Markets for		Significant Other		Unobservable
			Identical Assets		Observable Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
Assets
Prepaid expenses and other current assets:
Foreign currency forward contracts	$	1,226	$	—	$	1,226	$	—
	$	1,226	$	—	$	1,226	$	—
Liabilities
Accrued expenses and other current liabilities:
Contingent considerations - Current	$	57	$	—	$	—	$	57
Foreign currency forward contracts		1,401		—		1,401		—
	$	1,458	$	—	$	1,401	$	57

Changes in Fair Value of Level 3 Contingent Considerations

Changes in the fair value of Level 3 contingent considerations during the six months ended June 27, 2025 were as follows (in thousands):

	Amount
Balance at December 31, 2024	$	57
Acquisition of Keonn		4,537
Payments		—
Fair value adjustments		—
Effect of foreign exchange rates		325
Balance at June 27, 2025	$	4,919

Schedule Of Qualitative Information Associated With Fair Value Measurement of Company's Level 3 Liabilities

The following table provides qualitative information associated with the fair value measurement of the Company’s Level 3 liabilities:

Liability	June 27, 2025 Fair Value (in thousands)	Valuation Technique	Unobservable Inputs	Percentage Applied
Contingent consideration (Keonn)	$4,856	Monte Carlo method	Historical and projected revenue from fiscal year 2025 to 2027	N/A
			Gross Profit Premium	8.8%
			Revenue risk premium	8.0%
			Gross Profit Volatility	44.0%
			Revenue Volatility	40.0%
			Credit spread	3.6%