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Reedemable Non-Controlling Interest (Tables)
3 Months Ended
Apr. 01, 2023
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 three months ended April 1, 2023, and April 2, 2022:

 

 

Three Months Ended

 

 

April 1,

 

 

April 2,

 

(in thousands)

2023

 

 

2022

 

Balance at beginning of period

$

34,721

 

 

$

36,863

 

Net income attributable to redeemable non-controlling interest

 

837

 

 

 

657

 

Change in value of redeemable non-controlling interest

 

1,177

 

 

 

2,136

 

Balance at end of period

$

36,735

 

 

$

39,656