Fair Value Measurements (Tables)

9 Months Ended

Sep. 28, 2024

Schedule of Fair Value of Assets and Liabilities

The Company’s assets and liabilities measured at fair value on a recurring basis as of September 28, 2024 and December 30, 2023, aggregated by the level in the fair value hierarchy within which those measurements fall, were as follows:


	September 28, 2024
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	15	$	—	$	—	$	15
Interest rate caps	—		—		—		—
	December 30, 2023
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	208	$	—	$	—	$	208
Interest rate caps	—		1		—		1

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

The following table presents the effect of the Company’s interest rate caps in the Consolidated Statement of Comprehensive Income for the 13 weeks and 39 weeks ended September 28, 2024:

Derivatives in Cash Flow Hedging Relationships

Amount of Gain Recognized in Other Comprehensive Loss, net of tax

Location of Amounts Reclassified from Accumulated Other Comprehensive Loss

Amount of Gain Reclassified from Accumulated Other Comprehensive Loss to Income, net of tax

For the 13 weeks ended September 28, 2024

Interest rate caps

—

Interest expense ─ net

—

For the 39 weeks ended September 28, 2024

Interest rate caps

—

Interest expense ─ net

—