v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 30, 2023   52,800,000        
Beginning balance at Dec. 30, 2023 $ 1,364,800 $ 100 $ (1,169,200) $ 783,400 $ (45,300) $ 1,795,800
Beginning balance (in shares) at Dec. 30, 2023     19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised (in shares)   200,000        
Stock options exercised 7,200     7,200    
Restricted/Performance stock units vested (in shares)   100,000        
Shares paid for tax withholding (5,300)     (5,300)    
Stock-based compensation 9,600     9,600    
Net (loss) income 18,900         18,900
Foreign currency translation adjustment (35,600)       (35,600)  
Change in pension benefits 700       700  
Unrealized (loss) income on cash flow hedges 4,900       4,900  
Ending balance (in shares) at Mar. 30, 2024   53,100,000        
Ending balance at Mar. 30, 2024 1,365,200 $ 100 $ (1,169,200) 794,900 (75,300) 1,814,700
Ending balance (in shares) at Mar. 30, 2024     19,500,000      
Beginning balance (in shares) at Dec. 30, 2023   52,800,000        
Beginning balance at Dec. 30, 2023 $ 1,364,800 $ 100 $ (1,169,200) 783,400 (45,300) 1,795,800
Beginning balance (in shares) at Dec. 30, 2023     19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchases of common stock (in shares) 0          
Repurchases of common stock $ 0          
Net (loss) income 34,900          
Foreign currency translation adjustment (63,100)          
Change in pension benefits 700          
Unrealized (loss) income on cash flow hedges 4,300          
Ending balance (in shares) at Jun. 29, 2024   53,200,000        
Ending balance at Jun. 29, 2024 1,368,800 $ 100 $ (1,169,200) 810,600 (103,400) 1,830,700
Ending balance (in shares) at Jun. 29, 2024     19,500,000      
Beginning balance (in shares) at Mar. 30, 2024   53,100,000        
Beginning balance at Mar. 30, 2024 1,365,200 $ 100 $ (1,169,200) 794,900 (75,300) 1,814,700
Beginning balance (in shares) at Mar. 30, 2024     19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised (in shares)   100,000        
Stock options exercised 2,700     2,700    
Shares paid for tax withholding (500)     (500)    
Stock-based compensation $ 13,500     13,500    
Repurchases of common stock (in shares) 0          
Repurchases of common stock $ 0          
Net (loss) income 16,000         16,000
Foreign currency translation adjustment (27,500)       (27,500)  
Change in pension benefits 0          
Unrealized (loss) income on cash flow hedges (600)       (600)  
Ending balance (in shares) at Jun. 29, 2024   53,200,000        
Ending balance at Jun. 29, 2024 $ 1,368,800 $ 100 $ (1,169,200) 810,600 (103,400) 1,830,700
Ending balance (in shares) at Jun. 29, 2024     19,500,000      
Beginning balance (in shares) at Dec. 28, 2024 53,600,000 53,600,000        
Beginning balance at Dec. 28, 2024 $ 1,051,900 $ 100 $ (1,169,200) 838,300 (108,200) 1,490,900
Beginning balance (in shares) at Dec. 28, 2024 19,500,000   19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised (in shares)   500,000        
Stock options exercised $ 43,800     43,800    
Restricted/Performance stock units vested (in shares)   200,000        
Shares paid for tax withholding (in shares)   (100,000)        
Shares paid for tax withholding (11,300)     (11,300)    
Stock-based compensation 10,600     10,600    
Net (loss) income (170,700)         (170,700)
Foreign currency translation adjustment 24,800       24,800  
Unrealized (loss) income on cash flow hedges (2,700)       (2,700)  
Ending balance (in shares) at Mar. 29, 2025   54,200,000        
Ending balance at Mar. 29, 2025 $ 946,400 $ 100 $ (1,169,200) 881,400 (86,100) 1,320,200
Ending balance (in shares) at Mar. 29, 2025     19,500,000      
Beginning balance (in shares) at Dec. 28, 2024 53,600,000 53,600,000        
Beginning balance at Dec. 28, 2024 $ 1,051,900 $ 100 $ (1,169,200) 838,300 (108,200) 1,490,900
Beginning balance (in shares) at Dec. 28, 2024 19,500,000   19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised (in shares) 700,000          
Repurchases of common stock (in shares) 80,000          
Repurchases of common stock $ (13,661)          
Net (loss) income (119,400)          
Foreign currency translation adjustment 63,000          
Change in pension benefits 0          
Unrealized (loss) income on cash flow hedges $ (3,800)          
Ending balance (in shares) at Jun. 28, 2025 54,300,000 54,300,000        
Ending balance at Jun. 28, 2025 $ 1,042,800 $ 100 $ (1,182,900) 903,100 (49,000) 1,371,500
Ending balance (in shares) at Jun. 28, 2025 19,600,000   19,600,000      
Beginning balance (in shares) at Mar. 29, 2025   54,200,000        
Beginning balance at Mar. 29, 2025 $ 946,400 $ 100 $ (1,169,200) 881,400 (86,100) 1,320,200
Beginning balance (in shares) at Mar. 29, 2025     19,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised (in shares)   200,000        
Stock options exercised 12,400     12,400    
Shares paid for tax withholding (in shares)   0        
Shares paid for tax withholding (700)     (700)    
Stock-based compensation $ 10,000     10,000    
Repurchases of common stock (in shares) 80,000 100,000 100,000      
Repurchases of common stock $ (13,661)   $ (13,700)      
Net (loss) income 51,300         51,300
Foreign currency translation adjustment 38,200       38,200  
Change in pension benefits 0          
Unrealized (loss) income on cash flow hedges $ (1,100)       (1,100)  
Ending balance (in shares) at Jun. 28, 2025 54,300,000 54,300,000        
Ending balance at Jun. 28, 2025 $ 1,042,800 $ 100 $ (1,182,900) $ 903,100 $ (49,000) $ 1,371,500
Ending balance (in shares) at Jun. 28, 2025 19,600,000   19,600,000