v3.26.1
BUSINESS ACQUISITIONS (Tables)
6 Months Ended
Jun. 28, 2026
Business Combination [Abstract]  
Schedule of Purchase Consideration Allocation to Assets Acquired and Liabilities Assumed The purchase consideration, inclusive of the acquisition date fair value of the contingent consideration, was allocated to assets acquired and liabilities assumed based on their respective fair values as follows:
Initial Allocation (1)AdjustmentsFinal Allocation
Goodwill$289,142 $(7,213)$281,929 
Other intangible assets604,500 — 604,500 
Current assets acquired, including cash and cash equivalents65,060 — 65,060 
Property, plant and equipment, net15,572 2,213 17,785 
Other non-current assets, primarily operating lease ROU assets28,214 — 28,214 
Current liabilities assumed(21,141)— (21,141)
Other long-term liabilities, primarily operating lease liabilities(22,054)— (22,054)
Deferred income taxes(144,143)— (144,143)
Net assets acquired$815,150 $(5,000)$810,150 
(1) As reported in the Company’s 2025 Annual Report on Form 10-K.
Other intangible assets include the following estimated useful lives and values:
Estimated Useful LifeInitial Allocation
TrademarksIndefinite$303,000 
Customer relationships
20 years
301,500
Other intangible assets$604,500