XML 44 R34.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value Measurement (Tables)
3 Months Ended
Apr. 01, 2022
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments 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 April 1, 2022
As of December 31, 2021
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Assets
Notes receivable, net $7,228 $7,293 $6,484 $6,764 
Liabilities
New Term Loan$465,000 $459,188 $465,000 $462,675 
Level 3 Measurement Valuation
Fair value at
April 1, 2022
Valuation Technique
Unobservable
Input
Volatility
Contingent Value Rights $6,100Monte CarloVolatility
 45 and 50%
CRV Reconciliation
Changes in the CVRs for the three months ended April 1, 2022, and March 26, 2021 were as follows:

April 1,
2022
March 26,
2021
CVR fair value – beginning of period
$8,900 $4,000 
Fair value adjustments
(2,800)1,310 
CVR fair value – end of period
$6,100 $5,310