COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Jan. 03, 2026

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Commitments

Future commitments under non-cancelable agreements at January 3, 2026 were as follows (in thousands):

			Fiscal Year
	Total		2026		2027		2028		2029		2030		Thereafter
Non-cancelable agreements(1)	$	206,010	$	83,002	$	44,722	$	37,813	$	29,435	$	10,722	$	316

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(1)We have entered into commitments for service and maintenance agreements related to our management information systems, distribution contracts, advertising, sponsorships, and licensing agreements.

Schedule of Supplier Finance Program

The following table summarizes the activity of the SFP for the year ended January 3, 2026 (in thousands):

Outstanding payment obligations as of December 28, 2024	$	63,127
Invoices confirmed during the period	336,615
Confirmed invoices paid during the period	(345,711)
Outstanding payment obligations as of January 3, 2026	$	54,031

Schedule of Recall Reserve Adjustment of Estimated Product Recall Expenses

The product recalls, which include recall reserve adjustments and other incurred costs, had the following effect on our income before income taxes (in thousands):

	Fiscal Year Ended
	January 3, 2026		December 28, 2024		December 30, 2023
Decrease to net sales(1)	$	(2,275)	$	(8,832)	$	(21,700)
Decrease (increase) to cost of goods sold(2)	(89)		735		8,423
Decrease to gross profit	(2,364)		(8,097)		(13,277)
Decrease (increase) to selling, general and administrative expenses(3)	(536)		(1,841)		11,382
Decrease to income before income taxes	$	(2,900)	$	(9,938)	$	(1,895)

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(1)Represents recall reserve adjustments related to estimated future recall remedies (i.e., estimated gift card elections) and estimated consumer recall-related participation rates. For 2025, the $2.3 million decrease to net sales impacted the DTC channel. Of the total net sales impact, $8.3 million and $0.6 million was allocated to our DTC and wholesale channels, respectively, for 2024, and $7.3 million and $14.4 million was allocated to our DTC and wholesale channels, respectively, for the year ended December 30, 2023. These amounts were allocated based on the historical channel sell-in basis of the affected products.

(2)Represents recall reserve adjustments related to estimated costs of future product replacement remedy elections and related logistic costs, and recall-related costs.

(3)Represents recall reserve adjustments related to estimated future other recall-related costs.