Fair Value Measurements (Tables)

9 Months Ended

Sep. 27, 2022

Fair Value Measurements

Schedule of components and classification of assets and liabilities measured at fair value on a recurring basis

The following tables present the components and classification of our assets and liabilities that are measured at fair value on a recurring basis (in thousands):

	September 27, 2022
	Level 1		Level 2		Level 3
Assets/(Liabilities)
Non-qualified deferred compensation assets	$	73,721	$	—	$	—
Non-qualified deferred compensation liabilities		(73,462)		—		—
Acquisition-related deferred consideration		—		(21,898)		—
Acquisition-related contingent consideration and compensation liabilities		—		—		(18,414)

	December 28, 2021
	Level 1		Level 2		Level 3
Assets/(Liabilities)
Non-qualified deferred compensation assets	$	92,588	$	—	$	—
Non-qualified deferred compensation liabilities		(92,012)		—		—
Acquisition-related deferred consideration		—		(21,642)		—
Acquisition-related contingent consideration and compensation liabilities		—		—		(23,894)

Schedule of reconciliation of the beginning and ending amounts of the fair value of the acquisition-related contingent consideration and compensation liabilities categorized as Level 3

The following table presents a reconciliation of the beginning and ending amounts of the fair value of the acquisition-related contingent consideration and compensation liabilities categorized as Level 3 (in thousands):

	Thirty-Nine		Thirty-Nine
	Weeks Ended		Weeks Ended
	September 27, 2022		September 28, 2021
Beginning balance	$	23,894	$	7,465
Payment		(7,187)		—
Change in fair value		1,707		11,555
Ending balance	$	18,414	$	19,020