Annual report pursuant to Section 13 and 15(d)

Derivatives and Risk Management (Tables)

v3.24.0.1
Derivatives and Risk Management (Tables)
 12 Months Ended
Dec. 28, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Position
Derivative Position as of December 28, 2023:
in thousands Notional Balance Final Maturity
Date		 Other Current Assets Other
Assets		 AOCI, Net
of Tax
Designated as cash flow hedges:
Interest rate cap
 $ 75,000  U.S. dollars April 2024 $ 909  $ —  $ (711)
Interest rate cap
 $ 75,000  U.S. dollars April 2024 $ 910  $ —  $ (711)
Derivative Position as of December 29, 2022:
in thousands Notional Balance Final Maturity
Date		 Other Current Assets Other
Assets		 AOCI, Net
of Tax
Designated as cash flow hedges:
Interest rate cap $ 75,000  U.S. dollars April 2024 $ 2,275  $ 654  $ (2,166)
Interest rate cap $ 75,000  U.S. dollars April 2024 $ 2,278  $ 656  $ (2,171)
Schedule of Gains Related to Our Designated Hedge Contracts
Gains related to designated hedge contracts are as follows:
Effective Portion Reclassified
From AOCI to Earnings		 Effective Portion Recognized in
Other Comprehensive Income
Fiscal Year Ended Fiscal Year Ended
in thousands
 December 28,
2023		 December 29,
2022		 December 30,
2021		 December 28,
2023		 December 29,
2022		 December 30,
2021
Interest rate caps (cash flow hedges) $ 5,069  $ 914  $ —  $ 2,154  $ 4,716  $ 371