v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill by Segment
The activity in goodwill by segment for the six months ended June 28, 2026 was as follows:
December 28, 2025AdditionsCurrency TranslationJune 28, 2026
(In thousands)
U.S.$41,936 $— $— $41,936 
Europe1,183,920 1,122 (27,442)1,157,600 
Mexico113,028 — 2,539 115,567 
Total$1,338,884 $1,122 $(24,903)$1,315,103 
Schedule of Intangible Assets
Intangible assets consisted of the following:
December 28, 2025AmortizationCurrency TranslationJune 28, 2026
(In thousands)
Cost:
Trade names not subject to amortization$613,536 $— $(13,583)$599,953 
Trade names subject to amortization114,762 — (863)113,898 
Customer relationships456,415 — (6,362)450,053 
Accumulated amortization:
Trade names(66,052)(488)(1,257)(67,797)
Customer relationships(286,595)(7,377)(3,895)(297,867)
Intangible assets, net$832,066 $(7,865)$(25,960)$798,240 
Schedule of Intangible Assets Amortization Over the Estimated Useful Lives
Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships
3-18 years
Trade names subject to amortization
15-20 years