v3.25.2
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023   60,295,634        
Beginning balance at Dec. 31, 2023 $ 1,647,657 $ 60 $ 1,881,054 $ 350,557 $ (624,272) $ 40,258
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 61,594     59,951   1,643
Dividends declared (3,641)     (3,641)    
Other comprehensive income (loss), net of tax (expense) benefit (23,712)       (23,389) (323)
Common stock-based award activity (in shares)   128,787        
Common stock-based award activity 480   480      
Ending balance (in shares) at Mar. 29, 2024   60,424,421        
Ending balance at Mar. 29, 2024 $ 1,682,378 $ 60 1,881,534 406,867 (647,661) 41,578
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Quarterly cash dividend declared (in dollars per share) $ 0.06          
Beginning balance (in shares) at Dec. 31, 2023   60,295,634        
Beginning balance at Dec. 31, 2023 $ 1,647,657 $ 60 1,881,054 350,557 (624,272) 40,258
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 145,963          
Other comprehensive income (loss), net of tax (expense) benefit (39,793)          
Ending balance (in shares) at Jun. 28, 2024   60,438,838        
Ending balance at Jun. 28, 2024 1,749,425 $ 60 1,886,367 484,918 (663,373) 41,453
Beginning balance (in shares) at Mar. 29, 2024   60,424,421        
Beginning balance at Mar. 29, 2024 1,682,378 $ 60 1,881,534 406,867 (647,661) 41,578
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 84,369     82,907   1,462
Distributions to noncontrolling owners (1,218)         (1,218)
Dividends declared (4,856)     (4,856)    
Other comprehensive income (loss), net of tax (expense) benefit (16,081)       (15,712) (369)
Common stock-based award activity (in shares)   14,417        
Common stock-based award activity 4,833   4,833      
Ending balance (in shares) at Jun. 28, 2024   60,438,838        
Ending balance at Jun. 28, 2024 $ 1,749,425 $ 60 1,886,367 484,918 (663,373) 41,453
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Quarterly cash dividend declared (in dollars per share) $ 0.08          
Beginning balance (in shares) at Dec. 31, 2024 60,696,786 60,517,574        
Beginning balance at Dec. 31, 2024 $ 1,808,249 $ 61 1,901,337 597,180 (729,574) 39,245
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 69,832     67,363   2,469
Distributions to noncontrolling owners (1,168)         (1,168)
Dividends declared (4,868)     (4,868)    
Other comprehensive income (loss), net of tax (expense) benefit 77,835       77,717 118
Common stock-based award activity (in shares)   105,162        
Common stock-based award activity 512   512      
Ending balance (in shares) at Apr. 04, 2025   60,622,736        
Ending balance at Apr. 04, 2025 $ 1,950,392 $ 61 1,901,849 659,675 (651,857) 40,664
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Quarterly cash dividend declared (in dollars per share) $ 0.08          
Beginning balance (in shares) at Dec. 31, 2024 60,696,786 60,517,574        
Beginning balance at Dec. 31, 2024 $ 1,808,249 $ 61 1,901,337 597,180 (729,574) 39,245
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 137,936          
Other comprehensive income (loss), net of tax (expense) benefit $ 180,255          
Ending balance (in shares) at Jul. 04, 2025 60,517,574 60,696,786        
Ending balance at Jul. 04, 2025 $ 2,111,771 $ 61 1,898,801 720,467 (549,699) 42,141
Beginning balance (in shares) at Apr. 04, 2025   60,622,736        
Beginning balance at Apr. 04, 2025 1,950,392 $ 61 1,901,849 659,675 (651,857) 40,664
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 68,104     66,883   1,221
Distributions to noncontrolling owners (6)         (6)
Dividends declared (6,091)     (6,091)    
Other comprehensive income (loss), net of tax (expense) benefit 102,420       102,158 262
Common stock-based award activity (in shares)   74,050        
Common stock-based award activity $ (3,048)   (3,048)      
Ending balance (in shares) at Jul. 04, 2025 60,517,574 60,696,786        
Ending balance at Jul. 04, 2025 $ 2,111,771 $ 61 $ 1,898,801 $ 720,467 $ (549,699) $ 42,141
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Quarterly cash dividend declared (in dollars per share) $ 0.10