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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2023 and January 1, 2023 classified in one of the three classifications described above:
 
 Fair Value Measurements at December 31, 2023 Using:
 Total Carrying
Value at December 31, 2023
Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
 (In thousands)
Marketable securities - available for sale$13,913 $13,913 $— $— 
Foreign exchange derivative assets1,697 — 1,697 — 
Foreign exchange derivative liabilities(1,763)— (1,763)— 
Contingent consideration asset14,890 $— $— 14,890 
Contingent consideration liability(40,005)— — (40,005)
 Fair Value Measurements at January 1, 2023 Using:
 Total Carrying
Value at January 1, 2023
Quoted Prices in
Active Markets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
 (In thousands)
Marketable securities - available for sale$11,083 $11,083 $— $— 
Foreign exchange derivative assets2,142 — 2,142 — 
Foreign exchange derivative liabilities(1,549)— (1,549)— 
Contingent consideration liability(46,618)— — (46,618)
Reconciliation of Beginning and Ending Level 3 Net Liabilities
A reconciliation of the beginning and ending Level 3 liabilities for contingent consideration is as follows: 
 (In thousands)
Balance at January 3, 2021$(2,953)
Additions(57,431)
Amounts paid and foreign currency translation5,507 
Change in fair value (included within selling, general and administrative expenses)(3,119)
Balance at January 2, 2022(57,996)
Additions(4,961)
Amounts paid and foreign currency translation2,562 
Purchase accounting adjustments recognized to goodwill12,400 
Change in fair value (included within selling, general and administrative expenses)1,377 
Balance at January 1, 2023(46,618)
Amounts paid and foreign currency translation9,741 
Change in fair value (included within selling, general and administrative expenses)(3,128)
Balance at December 31, 2023$(40,005)