Quarterly report [Sections 13 or 15(d)]

INVESTMENT IN EQUITY SECURITIES

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INVESTMENT IN EQUITY SECURITIES
3 Months Ended
Apr. 04, 2026
Equity [Abstract]  
INVESTMENT IN EQUITY SECURITIES
NOTE D – INVESTMENT IN EQUITY SECURITIES
As of April 4, 2026 and January 3, 2026, 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. The investment was made with the objective of generating long-term total return through capital appreciation, and, where applicable, dividend income.
During the three months ended April 4, 2026 and March 29, 2025, no observable price changes occurred and no adjustment to the carrying value of the securities was recorded. Additionally, no impairment of securities was recorded for the three months ended April 4, 2026, and March 29, 2025.