Profit Sharing and 401(k) Plan

6 Months Ended

Jun. 29, 2024

Profit Sharing And 401(k) Plan [Abstract]

Profit Sharing and 401(k) Plan

Profit Sharing and 401(k) Plan

Under the Company’s profit sharing and 401(k) plan, eligible employees may defer up to 50% of their compensation on a

pre-tax basis, subject to Internal Revenue Service limitations. Each pay period, the Company makes a contribution equal

to a percentage of the employee’s contribution. During the three months ended June 29, 2024 and July 1, 2023, the

Company’s contributions, net of forfeitures, were $1.2 million and $2.8 million, respectively and during the six months

ended June 29, 2024 and July 1, 2023, were $3.2 million and $5.2 million, respectively.