v3.26.1
Property, Plant, and Equipment, net
6 Months Ended
Jun. 27, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant, and Equipment, net Property, Plant, and Equipment, net
 
The components of net property, plant, and equipment at June 27, 2026 and December 27, 2025 were as follows:
(in thousands)June 27, 2026December 27, 2025
Land and land improvements$22,975 $24,088 
Building and building improvements220,160 215,024 
Machinery and equipment993,616 998,988 
Accumulated depreciation and amortization(723,591)(697,460)
Total$513,160 $540,640 

The Company recorded depreciation expense of $19.9 million and $19.4 million for the three months ended June 27, 2026 and June 28, 2025, respectively, and $38.8 million and $37.8 million for the six months ended June 27, 2026 and June 28, 2025, respectively, in Cost of sales, Selling, general, and administrative expenses, and Research and development expenses in the Condensed Consolidated Statements of Operations. In addition, during the second quarter of 2026, the Company recognized fixed asset impairment charges of $13.1 million, primarily related to the announced closure and/or disposition of two manufacturing sites for the semiconductor business within the Electronics segment. See Note 7, Restructuring, Impairment, and Other Charges, for further information.