Our market risk is the potential loss arising from adverse changes in interest rates. Accounts receivable factored under our customer-sponsored accounts receivable sales programs bear interest at rates tied to Term SOFR or alternative discount rates, resulting in us incurring costs as those accounts receivable are factored. Additionally, interest expense from our variable-rate debt is impacted by reference rates. Under the terms of our customer-sponsored programs to sell accounts receivable, a change in the reference rate would affect the amount of financing costs we incur and the amount of cash we receive upon the sales of accounts receivable under these programs. A one-percentage-point increase in Term SOFR or the discount rates on the accounts receivable sales programs would have increased our factoring costs and reduced the amount of cash we would have received by approximately $2.6 million and $2.8 million for the three months ended June 27, 2026, and June 28, 2025, respectively, and $5.3 million and $5.5 million for the six months ended June 27, 2026, and June 28, 2025, respectively. Under the terms of our credit agreement, a change in the reference rate or the lender’s base rate would affect the rate at which we could borrow funds thereunder. A one-percentage-point increase in the reference rate or base rate would have increased our interest expense on our variable rate debt under our credit agreement by approximately $1.0 million and $1.1 million for the three months ended June 27, 2026, and June 28, 2025, respectively, and $2.0 million and $2.3 million for the six months ended June 27, 2026, and June 28, 2025, respectively. Although our Senior Notes, as described in Note 5, "Debt," to the Condensed Consolidated Financial Statements contained in PART I, ITEM 1 of this report are reported at cost and not adjusted for fair value changes, changes in interest rates could have a material impact on their fair value, although there would be no impact on our results of operations, financial condition, or cash flows. As of June 27, 2026, the fair value of our Senior Notes would have decreased by approximately $27.0 million as a result of a hypothetical increase of one percentage point in interest rates.