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ACQUISITIONS (Tables)
6 Months Ended
Jun. 29, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the preliminary amounts recorded for acquired assets and assumed liabilities at the acquisition date (in thousands):

Cash$2,051 
Accounts receivable, net3,940 
Inventory (1)
17,164 
Prepaid expenses and other current assets3,858 
Property and equipment512 
Operating lease right-of-use assets1,087 
Goodwill18,600 
Intangible assets
5,500 
Total assets acquired52,712 
Current liabilities(13,744)
Non-current liabilities(753)
Total liabilities assumed
(14,497)
Net assets acquired$38,215 
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(1)Includes a $4.8 million step up of inventory to fair value, which will be expensed as the related inventory is sold.