v3.26.1
Shareholders' Equity (Tables)
3 Months Ended
Apr. 05, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Shareholders' Equity
The following tables depict the activity in the accounts which make up shareholders’ equity for the three months ended April 5, 2026 and March 30, 2025:
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS
PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 28, 202557,891 $5,789 $248,910 $517,980 $(39,314)$(92,691)$640,674 
Net income— — — 23,611 — — 23,611 
Issuances of stock related to restricted share units and performance shares1,065 106 (106)— — — — 
Cash dividends declared, $0.03 per common share
— — — (1,882)— — (1,882)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(440)(44)(8,818)— — — (8,862)
Share repurchases
(461)(46)(11,954)(12,000)
Pension liability adjustment— — — — 1,388 — 1,388 
Foreign currency translation adjustment— — — — — (8,344)(8,344)
Balance, at April 5, 202658,055 $5,805 $228,032 $539,709 $(37,926)$(101,035)$634,585 
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS
PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 29, 202458,304 $5,830 $261,028 $405,441 $(39,834)$(143,317)$489,148 
Net income— — — 13,002 — — 13,002 
Issuances of stock related to restricted share units and performance shares658 66 (66)— — — — 
Cash dividends declared, $0.01 per common share
— — — (641)— — (641)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(352)(35)(3,546)— — — (3,581)
Pension liability adjustment— — — — (695)— (695)
Foreign currency translation adjustment— — — — — 15,834 15,834 
Balance, at March 30, 202558,610 $5,861 $257,416 $417,802 $(40,529)$(127,483)$513,067 
Schedule of Restricted Share Units Outstanding and Activity
The following table summarizes restricted share units outstanding as of April 5, 2026, as well as activity during the three months then ended:
Restricted Share UnitsWeighted Average
Grant Date
Fair Value
Outstanding at December 28, 2025797,400 $15.88 
Granted216,700 31.51 
Vested(429,500)13.10 
Forfeited or canceled(11,300)20.20 
Outstanding at April 5, 2026573,300 $23.79 
Schedule of Performance Shares Outstanding and Activity
The following table summarizes the performance shares outstanding as of April 5, 2026, as well as the activity during the three months then ended:
Performance Shares
Weighted Average Grant Date Fair Value
Outstanding at December 28, 20251,070,300 $14.04 
Granted397,100 21.50 
Vested(635,500)10.79 
Forfeited or canceled(14,500)19.05 
Outstanding at April 5, 2026817,400 $20.10