Quarterly report pursuant to Section 13 or 15(d)

Fair Value

Fair Value
3 Months Ended
Apr. 01, 2023
Fair Value Disclosures [Abstract]  
Fair Value Fair Value
There were no financial assets or liabilities carried at fair value measured on a recurring basis at April 1, 2023 or December 31, 2022.
There were no non-recurring fair value measurements performed in the three months ended April 1, 2023 and April 2, 2022.
Due to their short-term nature, the carrying value of cash and equivalents, accounts receivable and accounts payable approximate fair value. The carrying value of the Company’s variable rate long-term debt instruments also approximates fair value due to the variable rate feature of these instruments.