6 unchanged sentences
The magnitude of any gain or loss will be a function of the difference between the fixed or variable rate of the financial instrument and the market rate, and our financial condition and results of operations could be materially affected.
−Removed: Based on a sensitivity analysis performed on our financial investments held as of December 28, 2024, a hypothetical increase of 100 basis points in interest rates would result in a decrease of $3.4 million in the fair value of our available-for-sale debt securities and would not have a material impact on our consolidated financial position, results of operations or cash flows.
+Added: Based on a sensitivity analysis performed on our financial investments held as of January 3, 2026, a hypothetical increase of 100 basis points in interest rates would result in a decrease of $1.7 million in the fair value of our available-for-sale debt securities and would not have a material impact on our consolidated financial position, results of operations or cash flows.
Foreign Currency Risk
2 unchanged sentences
These forward contracts are not designated as accounting hedges, so the change in fair value of the forward exchange contracts is recognized under the caption “Other expense, net” in the Consolidated Statements of Operations for each reporting period.
−Removed: As of December 28, 2024, and December 30, 2023, we had fifty-six and thirty-eight outstanding forward contracts, respectively, with a total notional contract value of $45.9 million and $51.6 million, respectively.
+Added: As of January 3, 2026, and December 28, 2024, we had sixteen and fifty-six outstanding forward contracts, respectively, with a total notional contract value of $47.4 million and $45.9 million, respectively.
We do not use derivative financial instruments for trading or speculative purposes.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.