XML 44 R34.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurement (Tables)
6 Months Ended
Jul. 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 July 1, 2022
As of December 31, 2021
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Assets
Notes receivable, net $1,503 $1,503 $6,484 $6,764 
Liabilities
New Term Loan$463,837 $426,731 $465,000 $462,675 
Level 3 Measurement Valuation
Fair value at
July 1, 2022
Valuation Technique
Unobservable
Input
Volatility
Contingent Value Rights $2,825Monte CarloVolatility
 50 and 60%
CRV Reconciliation
Changes in the CVRs for the six months ended July 1, 2022, and June 25, 2021 were as follows:

July 1,
2022
June 25,
2021
CVR fair value – beginning of period
$8,900 $4,000 
Fair value adjustments
(6,075)2,840 
CVR fair value – end of period
$2,825 $6,840