Quarterly report pursuant to Section 13 or 15(d)

Investment in Equity Securities

v3.23.2
Investment in Equity Securities
6 Months Ended
Jul. 01, 2023
Equity [Abstract]  
Investments in Equity Securities INVESTMENT IN EQUITY SECURITIESAs of July 1, 2023 and December 31, 2022, the carrying amount of equity securities without readily determinable fair values was $20,000 and is included in the “Other assets” line item on the Company’s condensed consolidated balance sheets. During the three and six months ended July 1, 2023, the Company evaluated an observable price change related to equity securities without readily determinable fair values. No adjustment to the carrying value of the securities was necessary based on the observable price change. During the three and six months ended July 2, 2022, no observable price changes occurred. Additionally, no impairment of securities was recorded for the three and six months ended July 1, 2023, and July 2, 2022