v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 27, 2026
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of fair value of derivative instruments

Condensed Consolidated

June 27,

December 27,

Derivatives designated as hedging instruments:

  ​ ​ ​

Balance Sheets location

2026

2025

Commodity contracts

Prepaid expenses and other current assets

$

7,487

$

1,590

Commodity contracts

Other accrued expenses

(25)

Cross-currency swap contracts

 

Prepaid expenses and other current assets

1,170

 

6

Cross-currency swap contracts

 

Other accrued expenses

(7,781)

 

(8,100)

$

851

$

(6,504)

Schedule of gains (losses) on derivatives recognized in the condensed consolidated statements of earnings

  ​ ​ ​

Condensed Consolidated

Thirteen weeks ended

Twenty-six weeks ended

Statements of

June 27,

June 28,

June 27,

June 28,

Derivatives designated as hedging instruments:

Operations location

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Commodity contracts

Product/service cost of sales

$

1,182

$

840

$

1,587

$

(396)

Interest rate hedge amortization

Interest expense

48

 

(16)

32

 

(32)

Cross-currency swap contracts

Interest expense

472

 

292

986

 

573

$

1,702

$

1,116

$

2,605

$

145

Cash Flow Hedges  
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of notional amounts of outstanding derivative

  ​ ​ ​

Notional

Total

Commodity Type

Amount

Purchase Quantity

Maturity Dates

Hot-rolled coil steel

$

30,734

27,000 short tons

 

June 2026 to June 2027

Natural gas

433

105,000 MMBtu

July 2026 to March 2027

Ultra-low-sulfur diesel fuel

7,371

2,520,000 gallons

June 2026 to June 2027

Zinc

7,818

2,280 metric tons

June 2026 to December 2027

Net Investment Hedges  
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of notional amounts of outstanding derivative

  ​ ​ ​

Notional

Swapped

Settlement

Currency

Amount

Termination Date

Interest Rate

Amount

Canadian dollar

$

40,000

October 1, 2028

 

4.0900%

C$

54,776

Chinese yuan

$

30,000

October 1, 2032

3.1125%

¥

215,640

Euro

$

80,000

April 1, 2029

 

3.4610%

74,509