On August 13, 2024, the Board of Directors authorized and approved a stock repurchase program to repurchase up to five million shares of the Company’s Common stock, par value $0.001 per share, from time-to-time on the open market, in privately negotiated transactions or as may otherwise be determined by the Company’s management in its discretion. No repurchases of the Company’s Common stock have been made through the six months ended July 4, 2025. The timing and amount of any shares repurchased will be determined by the Company’s management based on its evaluation of market conditions, applicable legal requirements and other factors. There is no term associated with the repurchase authorization.


	Accumulated Other Comprehensive Loss Components
	Net Unrecognized Pension and Other Post-Retirement Benefit Cost		Foreign Currency Translation Adjustment		Net Investment Hedges		Cash Flow Hedges		Total
	(In thousands)
Balance at December 31, 2024	$	(50,352)	$	(679,791)	$	(1,247)	$	1,816	$	(729,574)
Other comprehensive (loss) income before reclassifications:
Net actuarial loss	48		—		—		—		48
Foreign currency translation adjustment	(421)		94,613		(15,371)		—		78,821
Gain on long-term intra-entity foreign currency transactions	—		391		—		—		391
Unrealized gain on cash flow hedges	—		—		—		16		16
Other comprehensive (loss) income before reclassifications	(373)		95,004		(15,371)		16		79,276
Amounts reclassified from Accumulated other comprehensive loss(1)(2)	273		—		—		(1,832)		(1,559)
Net current period Other comprehensive (loss) income	(100)		95,004		(15,371)		(1,816)		77,717
Balance at April 4, 2025	(50,452)		(584,787)		(16,618)		—		(651,857)
Other comprehensive (loss) income before reclassifications:

Foreign currency translation adjustment	(431)		117,446		(25,027)		—		91,988
Gain on long-term intra-entity foreign currency transactions	—		9,968		—		—		9,968

Other comprehensive (loss) income before reclassifications	(431)		127,414		(25,027)		—		101,956
Amounts reclassified from Accumulated other comprehensive loss(1)(2)	202		—		—		—		202
Net current period Other comprehensive (loss) income	(229)		127,414		(25,027)		—		102,158
Balance at July 4, 2025	$	(50,681)	$	(457,373)	$	(41,645)	$	—	$	(549,699)


	Accumulated Other Comprehensive Loss Components
	Net Unrecognized Pension and Other Post-Retirement Benefit Cost		Foreign Currency Translation Adjustment		Net Investment Hedges		Cash Flow Hedges		Total
	(In thousands)
Balance at December 31, 2023	$	(59,805)	$	(554,622)	$	(17,215)	$	7,370	$	(624,272)
Other comprehensive income (loss) before reclassifications:

Foreign currency translation adjustment	243		(38,265)		4,995		—		(33,027)
Gain on long-term intra-entity foreign currency transactions	—		7,996		—		—		7,996
Unrealized gain on cash flow hedges	—		—		—		3,920		3,920
Other comprehensive income (loss) before reclassifications	243		(30,269)		4,995		3,920		(21,111)
Amounts reclassified from Accumulated other comprehensive loss(1)(2)	629		—		—		(2,907)		(2,278)
Net current period Other comprehensive income (loss)	872		(30,269)		4,995		1,013		(23,389)
Balance at March 29, 2024	(58,933)		(584,891)		(12,220)		8,383		(647,661)
Other comprehensive income (loss) before reclassifications:

Foreign currency translation adjustment	6		(23,042)		686		—		(22,350)
Gain on long-term intra-entity foreign currency transactions	—		8,162		—		—		8,162
Unrealized gain on cash flow hedges	—		—		—		811		811
Other comprehensive income (loss) before reclassifications	6		(14,880)		686		811		(13,377)
Amounts reclassified from Accumulated other comprehensive loss(1)(2)	327		—		—		(2,662)		(2,335)
Net current period Other comprehensive income (loss)	333		(14,880)		686		(1,851)		(15,712)
Balance at June 28, 2024	$	(58,600)	$	(599,771)	$	(11,534)	$	6,532	$	(663,373)