Fair Value Measurements (Tables)

12 Months Ended

Dec. 27, 2025

Measurement of Assets and Liabilities at Fair Value on Recurring Basis

The following tables set forth the Company's financial assets and liabilities that were measured at fair value on a recurring basis during the period, by level, within the fair value hierarchy:


	As of December 27, 2025
	Level 1		Level 2		Level 3		Total
Trading securities	$	847	$	—	$	—	$	847
Interest rate swaps	—		(1,259)		—		(1,259)
Foreign exchange forward contracts	—		1,504		—		1,504
Contingent consideration payable	—		—		4,358		4,358

	As of December 28, 2024
	Level 1		Level 2		Level 3		Total
Trading securities	$	796	$	—	$	—	$	796
Interest rate swaps	—		2,748		—		2,748
Foreign exchange forward contracts	—		4,325		—		4,325
Contingent consideration payable	—		—		4,863		4,863

Business Combination, Contingent Consideration

The table below provides a summary of the changes in fair value of the Company’s contingent considerations (Level 3) for Resharp and Instafob as of December 27, 2025.


	Resharp				Instafob
	Other accrued expense		Other non-current liabilities		Other accrued expense		Other non-current liabilities		Total
Fair value as of December 28, 2024	$	226	$	4,574	$	23	$	40	$	4,863
Fair value of cash consideration paid	(253)		—		(12)		—		(265)
Change in fair value of contingent consideration	256		(503)		14		(7)		(240)
Fair value as of December 27, 2025	$	229	$	4,071	$	25	$	33	$	4,358

Hillman Solutions Corp. 10-K