Investments (Tables)

9 Months Ended

Sep. 29, 2024

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:

	September 29, 2024		December 31, 2023
Equity method investment	$	30,040	$	32,727
Other investments in equity securities	1,718		1,718
	$	31,758	$	34,445

Schedule of Equity Method Investments

Presented below is activity related to our investment in TimWen included in our condensed consolidated financial statements:

	Nine Months Ended
	September 29, 2024		October 1, 2023
Balance at beginning of period	$	32,727	$	33,921
Equity in earnings for the period	10,493		10,012
Amortization of purchase price adjustments (a)	(1,870)		(2,051)
	8,623		7,961
Distributions received	(10,678)		(9,310)
Foreign currency translation adjustment included in “Other comprehensive income (loss)”	(632)		151
Balance at end of period	$	30,040	$	32,723

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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.