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Fair Value Measurement (Tables)
6 Months Ended
Jun. 25, 2021
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping The fair values and related carrying values of financial instruments that are not required to be remeasured at fair value on the condensed consolidated statements of operations were as follows:
As of June 25, 2021
As of December 25, 2020
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Assets
Notes receivable, net $5,309 $5,375 $5,115 $5,494 
Liabilities
Initial Term Loan$285,046 $270,081 $286,508 $267,169 
Incremental Term Loan$384,150 $382,229 $386,100 $384,652 
Fair Value Measurement Inputs and Valuation Techniques
Fair value at
June 25, 2021
Valuation Technique
Unobservable
Input
Volatility
Contingent Value Rights $6,840OPMVolatility37.1%
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Changes in the CVRs for the six months ended June 25, 2021 and June 26, 2020 were as follows:

June 25,
2021
June 26,
2020
CVR fair value – beginning of period
$4,000 $3,200 
Fair value adjustments
$2,840 $(1,000)
CVR fair value – end of period
$6,840 $2,200