Segment Information - Segment Results (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
---|---|---|---|---|---|---|
Jul. 04, 2025 |
Jun. 28, 2024 |
Mar. 29, 2024 |
Jul. 04, 2025 |
Jun. 28, 2024 |
Dec. 31, 2024 |
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Net sales | $ 715,586 | $ 707,053 | $ 1,393,724 | $ 1,396,797 | ||
Cost of Goods and Services Sold | 449,539 | 436,738 | 872,475 | 871,455 | ||
Operating Expenses | 34,442 | 40,179 | 78,676 | 84,398 | ||
Other Cost and Expense, Operating | 88,107 | 89,163 | 165,175 | 170,834 | ||
Adjusted EBITA | 143,498 | 140,973 | 277,398 | 270,110 | ||
Depreciation and other amortization | 11,422 | 9,115 | 21,377 | 17,898 | ||
Depreciation, Depletion and Amortization | 19,355 | 16,543 | 36,846 | 32,930 | ||
Payments to Acquire Productive Assets | 9,180 | 9,023 | 16,474 | 16,437 | ||
Net income from continuing operations | 69,812 | 85,530 | 142,376 | 148,433 | ||
Income tax expense | 18,283 | 17,885 | 38,782 | 36,389 | ||
Interest expense and other, net | 20,999 | 15,940 | 37,781 | 33,031 | ||
Pension settlement loss | 0 | 0 | $ 12,200 | 0 | 12,155 | |
Restructuring and other related charges | 1,390 | 4,773 | 5,889 | 6,697 | ||
Acquisition - amortization and other related charges | 21,592 | 7,730 | 31,193 | 15,507 | ||
Transaction, diligence, and integration costs | 12,800 | 500 | 14,200 | 600 | ||
Amortization and inventory fair value changes | 8,800 | 7,300 | 17,000 | 14,900 | ||
Equity Method Investments | 31,270 | 31,270 | $ 28,885 | |||
Assets | 4,432,363 | 4,432,363 | 4,033,975 | |||
Property, plant and equipment, net | 326,685 | 326,685 | 298,347 | |||
UNITED STATES | ||||||
Property, plant and equipment, net | 72,004 | 72,004 | 73,036 | |||
CZECHIA | ||||||
Property, plant and equipment, net | 62,285 | 62,285 | 55,554 | |||
INDIA | ||||||
Property, plant and equipment, net | 32,249 | 32,249 | 31,506 | |||
MEXICO | ||||||
Property, plant and equipment, net | 22,974 | 22,974 | 20,495 | |||
POLAND | ||||||
Property, plant and equipment, net | 19,825 | 19,825 | 17,227 | |||
Other Foreign Countries | ||||||
Property, plant and equipment, net | 117,348 | 117,348 | 100,529 | |||
Americas Segment | ||||||
Net sales | 282,729 | 309,765 | 563,394 | 605,812 | ||
Cost of Goods and Services Sold | 171,558 | 186,895 | 342,166 | 371,891 | ||
Operating Expenses | 10,077 | 15,982 | 27,517 | 33,719 | ||
Other Cost and Expense, Operating | 44,331 | 42,204 | 82,428 | 81,420 | ||
Adjusted EBITA | 56,763 | 64,684 | 111,283 | 118,782 | ||
Depreciation, Depletion and Amortization | 8,644 | 7,655 | 16,848 | 15,504 | ||
Payments to Acquire Productive Assets | 4,381 | 3,942 | 8,116 | 6,229 | ||
Equity Method Investments | 0 | 0 | 0 | |||
Assets | 1,811,198 | 1,811,198 | 1,796,167 | |||
EMEA and APAC Segment | ||||||
Net sales | 432,857 | 397,288 | 830,330 | 790,985 | ||
Cost of Goods and Services Sold | 277,981 | 249,843 | 530,309 | 499,564 | ||
Operating Expenses | 24,365 | 24,197 | 51,159 | 50,679 | ||
Other Cost and Expense, Operating | 43,776 | 46,959 | 82,747 | 89,414 | ||
Adjusted EBITA | 86,735 | 76,289 | 166,115 | 151,328 | ||
Depreciation, Depletion and Amortization | 10,711 | 8,888 | 19,998 | 17,426 | ||
Payments to Acquire Productive Assets | 4,799 | $ 5,081 | 8,358 | $ 10,208 | ||
Restructuring and other related charges | 5,889 | |||||
Equity Method Investments | 31,270 | 31,270 | 28,885 | |||
Assets | $ 2,621,165 | $ 2,621,165 | $ 2,237,808 |
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- Definition Adjusted Earnings Before Interest, Taxes And Amortization No definition available.
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- Definition Amortization of Acquired Intangible Assets and Acquisition Costs No definition available.
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- Definition Amortization Of Intangibles And Inventory Fair Value Charges No definition available.
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- Definition Business Combination, Transaction, Diligence, And Integration Related Costs No definition available.
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- Definition Depreciation and Other Amortization No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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