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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 25, 2022
Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
Financial assets and liabilities measured at fair value on a recurring basis as of June 25, 2022 and December 25, 2021 are summarized as follows:

Items Measured at Fair Value at June 25, 2022
(in thousands)Level 1Level 2Total
Mutual fund investments held in rabbi trust$766 $— $766 
Foreign currency derivative assets designated as hedging instruments$— $1,030 $1,030 
Foreign currency derivative liabilities designated as hedging instruments$— $304 $304 
Foreign currency derivative liabilities not designated as hedging instruments$— $1,528 $1,528 

Items Measured at Fair Value at December 25, 2021
(in thousands)Level 1Level 2Total
Mutual fund investments held in rabbi trust$976 $— $976 
Foreign currency derivative liabilities designated as hedging instruments$— $536 $536 
Schedule of Carrying Values and Estimated Fair Value of Total Long-Term Debt
The carrying value and estimated fair value of total long-term debt were as follows:

June 25, 2022December 25, 2021
(in thousands)Carrying valueEstimated fair valueCarrying valueEstimated fair value
Long-term debt$2,488,499 $2,311,046 $2,382,364 $2,411,987 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in each component of accumulated other comprehensive income (loss), net of tax:

Three months ended June 25, 2022
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of March 26, 2022$(9,770)$(626)$(87)$(10,483)
Net change(42,095)(225)(42,313)
Balance as of June 25, 2022$(51,865)$(851)$(80)$(52,796)

Three months ended June 26, 2021
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance at March 27, 2021$7,591 $(57)$(91)$7,443 
Net change11,411 — — 11,411 
Balance as of June 26, 2021$19,002 $(57)$(91)$18,854 

Six months ended June 25, 2022
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of December 25, 2021$(4,183)$(758)$(87)$(5,028)
Net change(47,682)(93)(47,768)
Balance as of June 25, 2022$(51,865)$(851)$(80)$(52,796)

Six months ended June 26, 2021
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of December 26, 2020$16,834 $(87)$(219)$16,528 
Net change2,168 30 128 2,326 
Balance as of June 26, 2021$19,002 $(57)$(91)$18,854