v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (Unaudited) - USD ($)
$ in Thousands
Common stock
Retained earnings
Accumulated other comprehensive loss
Treasury stock
Redeemable noncontrolling interests
Total
Total shareholders' equity - Beginning balance at Dec. 28, 2024 $ 27,900 $ 2,940,838 $ (332,775) $ (1,093,869)   $ 1,542,094
Redeemable noncontrolling interests - Beginning balance at Dec. 28, 2024         $ 51,519  
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)   87,261     (598) 87,261
Other comprehensive income (loss), net of tax     22,676   (424) 22,676
Cash dividends declared   (13,647)       (13,647)
Dividends to redeemable noncontrolling interests         (698)  
Fair value adjustment on redeemable noncontrolling interests   (7,100)     7,100 (7,100)
Stock option and incentive plans   (8,306)   12,024   3,718
Total shareholders' equity - Ending balance at Mar. 29, 2025 27,900 2,999,046 (310,099) (1,081,845)   1,635,002
Redeemable noncontrolling interests - Ending balance at Mar. 29, 2025         56,899  
Total shareholders' equity - Beginning balance at Dec. 28, 2024 27,900 2,940,838 (332,775) (1,093,869)   1,542,094
Redeemable noncontrolling interests - Beginning balance at Dec. 28, 2024         51,519  
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)           83,241
Total shareholders' equity - Ending balance at Jun. 28, 2025 27,900 2,956,362 (278,524) (1,176,783) 84,062 1,528,955
Increase (Decrease) in Shareholders' Equity            
Change in redemption value of redeemable noncontrolling interests           (26,243)
Total shareholders' equity - Beginning balance at Mar. 29, 2025 27,900 2,999,046 (310,099) (1,081,845)   1,635,002
Redeemable noncontrolling interests - Beginning balance at Mar. 29, 2025         56,899  
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)   (4,020)     729 (4,020)
Other comprehensive income (loss), net of tax     31,575   1,280 31,575
Cash dividends declared   (13,419)       (13,419)
Repurchases of common stock; 357,979 shares acquired       (100,855)   (100,855)
Fair value adjustment on redeemable noncontrolling interests   1,089     (1,089) 1,089
Stock option and incentive plans   (91)   5,917   5,826
Total shareholders' equity - Ending balance at Jun. 28, 2025 27,900 2,956,362 (278,524) (1,176,783) 84,062 1,528,955
Increase (Decrease) in Shareholders' Equity            
Change in redemption value of redeemable noncontrolling interests   (26,243)     26,243 (26,243)
Total shareholders' equity - Beginning balance at Dec. 27, 2025 27,900 3,156,235 (290,515) (1,260,833)   1,632,787
Redeemable noncontrolling interests - Beginning balance at Dec. 27, 2025         9,498 9,498
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)   108,033     (9) 108,033
Other comprehensive income (loss), net of tax     6,826   (188) 6,826
Cash dividends declared   (14,948)       (14,948)
Repurchases of common stock; 357,979 shares acquired       (57,029)   (57,029)
Stock option and incentive plans   (5,296)   8,909   3,613
Total shareholders' equity - Ending balance at Mar. 28, 2026 27,900 3,244,024 (283,689) (1,308,953)   1,679,282
Redeemable noncontrolling interests - Ending balance at Mar. 28, 2026         9,301  
Total shareholders' equity - Beginning balance at Dec. 27, 2025 27,900 3,156,235 (290,515) (1,260,833)   1,632,787
Redeemable noncontrolling interests - Beginning balance at Dec. 27, 2025         9,498 9,498
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)           227,951
Total shareholders' equity - Ending balance at Jun. 27, 2026 27,900 3,351,715 (286,990) (1,365,872) 8,836 1,726,753
Redeemable noncontrolling interests - Ending balance at Jun. 27, 2026           8,836
Increase (Decrease) in Shareholders' Equity            
Stock options and incentive plans           116,544
Total shareholders' equity - Beginning balance at Mar. 28, 2026 27,900 3,244,024 (283,689) (1,308,953)   1,679,282
Redeemable noncontrolling interests - Beginning balance at Mar. 28, 2026         9,301  
Increase (Decrease) in Shareholders' Equity            
Net earnings (loss)   119,918     304 119,918
Other comprehensive income (loss), net of tax     (3,301)   (57) (3,301)
Cash dividends declared   (14,864)       (14,864)
Repurchases of common stock; 357,979 shares acquired       (60,563)   (60,563)
Dividends to redeemable noncontrolling interests         (712)  
Stock option and incentive plans   2,637   3,644   6,281
Total shareholders' equity - Ending balance at Jun. 27, 2026 $ 27,900 $ 3,351,715 $ (286,990) $ (1,365,872) $ 8,836 1,726,753
Redeemable noncontrolling interests - Ending balance at Jun. 27, 2026           8,836
Increase (Decrease) in Shareholders' Equity            
Stock options and incentive plans           $ 59,990