Profit Sharing and 401(k) Plan

9 Months Ended

Sep. 28, 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 September 28, 2024 and

September 30, 2023, the Company’s contributions, net of forfeitures, were $1.9 million and $2.3 million, respectively and

during the nine months ended September 28, 2024 and September 30, 2023, were $5.1 million and $7.5 million,

respectively.