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Reedemable Non-Controlling Interest (Tables)
9 Months Ended
Oct. 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:

 

 

Nine Months Ended

 

 

October 1,

 

 

October 2,

 

(in thousands)

2022

 

 

2021

 

Balance at beginning of period

$

36,863

 

 

$

 

RNCI in Eco at initially estimated fair value

 

 

 

 

28,464

 

Net income attributable to redeemable non-controlling interest

 

1,334

 

 

 

1,656

 

Change in value of redeemable non-controlling interest

 

1,514

 

 

 

4,528

 

Balance at end of period

$

39,711

 

 

$

34,648