A significant portion of our debt bears interest at variable rates. If market interest rates increase, the interest rate on our variable rate debt will increase and will create higher debt service requirements, which would adversely affect our cash flow and could adversely impact our results of operations. In December 2025, we entered into an interest rate swap agreement to help manage interest rate exposure by economically converting a portion of our variable-rate debt to fixed-rate debt. Our interest rate swap is intended to mitigate some of the effects of increases in interest rates. See Note 5. “Interest Rate Derivatives” to our condensed consolidated financial statements for more information on our interest rate swap. As of July 4, 2026, our total borrowing consisted of $231.0 million of term loan borrowings subject to variable interest rates with a weighted average borrowing rate of 5.2%. After inclusion of the notional amount of $100.0 million of interest rate swaps fixing a portion of the variable rate debt, $131.0 million is subject to variable rates. Assuming an increase to market rates of 1.0% as of July 4, 2026, we would incur an annual increase to interest expense of approximately $1.3 million related to debt subject to variable rates. For more information about quantitative and qualitative disclosures about market risk, please see Item 7A. “Quantitative and Qualitative Disclosures About Market Risk” in Part II. of the 2025 Annual Report on Form 10-K.