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Redeemable Non-Controlling Interest (Tables)
12 Months Ended
Dec. 30, 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 period presented:

 

 

 

Year Ended

 

 

 

December 30,

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Balance at beginning of year

 

$

34,721

 

 

$

36,863

 

Net income attributable to RNCI

 

 

1,101

 

 

 

1,523

 

Change in value of RNCI

 

 

1,637

 

 

 

(2,000

)

Distribution to non-controlling interest

 

 

 

 

 

(1,665

)

Redemption of RNCI

 

 

(37,459

)

 

 

 

Balance at end of year

 

$

 

 

$

34,721