Financial Instruments (Tables)

3 Months Ended

Mar. 30, 2024

Notes To Financial Statements [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the company’s fair value of interest rate swaps (in thousands):

	Condensed Consolidated Balance Sheet Presentation	Mar 30, 2024		Dec 30, 2023
Fair value	Prepaid expense and other	$	1,630	$	2,897
Fair value	Other assets	$	44,430	$	39,882

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):

		Three Months Ended
	Presentation of Gain/(loss)	Mar 30, 2024		Apr 1, 2023
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	10,847	$	(4,222)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	7,566	$	7,009