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Investments (Tables)
 12 Months Ended
Jan. 02, 2022
Schedule of Equity Method Investments  
Schedule of Equity Method Investments and Other Investments in Equity Securities
The following is a summary of the carrying value of our investments:
Year End
January 2,
2022		January 3,
2021
Equity method investments$39,870 $44,574 
Other investments in equity securities10,000 — 
$49,870 $44,574 
Schedule of Equity Method Investments
Presented below is activity related to our portion of TimWen and the Brazil JV included in our consolidated balance sheets and consolidated statements of operations as of and for the years ended January 2, 2022, January 3, 2021 and December 29, 2019.
Year Ended
202120202019
Balance at beginning of period$44,574 $45,310 $47,021 
Equity in earnings for the period14,329 8,389 10,943 
Amortization of purchase price adjustments (a)(3,126)(2,293)(2,270)
11,203 6,096 8,673 
Distributions received(16,337)(8,376)(13,400)
Foreign currency translation adjustment included in
“Other comprehensive income” and other
430 1,544 3,016 
Balance at end of period$39,870 $44,574 $45,310 
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(a)Purchase price adjustments that impacted the carrying value of the Company’s investment in TimWen are being amortized over the average original aggregate life of 21 years.