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Redeemable Non-Controlling Interest (Tables)
12 Months Ended
Jan. 01, 2022
Noncontrolling Interest [Abstract]  
Summary of Changes in Redeemable Non-Controlling Interest

The following table presents the changes in the Company’s redeemable non-controlling interest for the period presented:

 

 

 

Year Ended

 

 

 

January 1,

 

(in thousands)

 

2022

 

Balance at beginning of year

 

$

 

Redeemable non-controlling interest in Eco at initially estimated fair value

 

 

28,464

 

Net income attributable to redeemable non-controlling interest

 

 

2,318

 

Change in value of redeemable non-controlling interest

 

 

6,081

 

Balance at end of year

 

$

36,863