v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities:    
Net earnings $ 228,246 $ 83,372
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 46,832 43,781
Contribution to defined benefit pension plan (886) (1,492)
Impairment of long-lived assets 9,340 91,337
Stock-based compensation 11,419 13,377
Net periodic pension cost 2,154 529
Loss on sale of property, plant, and equipment 29 81
Deferred income taxes 21,271 (2,556)
Other, net (3,128) 581
Changes in assets and liabilities:    
Receivables (58,746) 8,263
Inventories (40,704) 22,423
Contract assets (6,047) (7,257)
Prepaid expenses and other assets (current and non-current) (19,317) 9,909
Accounts payable 32,005 (649)
Contract liabilities (current and non-current) 27,340 (17)
Accrued expenses (38,193) (31,431)
Current income taxes 32,800 (2,248)
Other non-current liabilities 7,168 4,736
Net cash flows from operating activities 251,583 232,739
Cash flows from investing activities:    
Purchases of property, plant, and equipment (70,504) (62,306)
Acquisition, net of cash acquired (11,470)  
Proceeds from sales of assets 1,502 724
Proceeds from property damage insurance claims 605  
Other, net 3,311 (2,737)
Net cash flows from investing activities (76,556) (64,319)
Cash flows from financing activities:    
Proceeds from short-term borrowings   2,840
Repayments on short-term borrowings   (4,492)
Proceeds from long-term borrowings 65,211 130,000
Principal repayments on long-term borrowings (130,558) (130,358)
Dividends paid (28,227) (25,667)
Dividend to redeemable noncontrolling interest (478) (233)
Purchase of redeemable noncontrolling interest (8,922)  
Repurchases of common stock (117,540) (100,007)
Payments of excise taxes on share repurchases (1,677)  
Proceeds from exercises under stock plans 3,282 3,107
Tax withholdings on exercises under stock plans (4,807) (6,940)
Other, net   527
Net cash flows from financing activities (223,716) (131,223)
Effect of exchange rate changes on cash and cash equivalents 600 7,021
Net change in cash and cash equivalents (48,089) 44,218
Cash and cash equivalents-beginning of period 187,140 164,315
Cash and cash equivalents-end of period 139,051 208,533
Supplemental disclosures of cash flow information:    
Interest paid 20,262 19,631
Income taxes paid $ 24,363 $ 55,494