v3.26.1
REPORTABLE SEGMENTS - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Net sales        
Total net sales $ 4,626,230 $ 4,757,365 $ 9,158,863 $ 9,220,374
Total cost of sales 4,286,478 4,042,070 8,473,621 7,950,206
Total gross profit 339,752 715,295 685,242 1,270,168
Total SG&A expenses 265,103 199,457 445,272 333,236
Operating income        
Total operating income 65,950 512,339 228,506 916,821
Interest expense, net of capitalized interest 49,860 42,475 87,707 84,213
Interest income (3,750) (11,024) (10,620) (35,977)
Foreign currency transaction losses (gains) (1,338) 4,892 (416) 2,839
Miscellaneous, net (614) 414 (1,777) (278)
Income before income taxes 21,792 475,582 153,612 866,024
Income tax expense 8,572 119,573 38,942 213,672
Net income 13,220 356,009 114,670 652,352
U.S.        
Net sales        
Total net sales 2,534,771 2,721,277 5,069,677 5,356,976
Europe        
Net sales        
Total net sales 1,363,297 1,349,449 2,691,677 2,562,426
Mexico        
Net sales        
Total net sales 602,573 574,284 1,162,088 1,073,028
Asia-Pacific        
Net sales        
Total net sales 82,387 75,841 147,287 151,367
Canada, Caribbean and Central America        
Net sales        
Total net sales 26,035 18,008 47,819 36,196
Africa        
Net sales        
Total net sales 9,905 10,749 24,375 25,631
South America        
Net sales        
Total net sales 7,262 7,757 15,940 14,750
U.S.        
Net sales        
Total net sales 2,649,242 2,820,385 5,284,640 5,563,574
U.S. | Operating Segments        
Net sales        
Total cost of sales 2,452,286 2,331,143 4,891,126 4,686,710
Total gross profit 196,956 489,242 393,514 876,864
Total SG&A expenses 208,068 134,255 317,717 203,071
Operating income        
Total operating income (11,112) 354,987 75,798 673,793
Interest expense, net of capitalized interest 48,970 41,423 85,866 82,636
Interest income (1,008) (5,771) (4,040) (21,417)
Income tax expense (13,611) 78,204 (1,496) 149,216
Europe        
Net sales        
Total net sales 1,389,647 1,371,270 2,741,391 2,602,799
Europe | Operating Segments        
Net sales        
Total cost of sales 1,278,722 1,247,137 2,510,115 2,362,362
Total gross profit 110,925 124,133 231,276 240,437
Total SG&A expenses 41,675 50,215 94,506 100,836
Restructuring activities charges 8,699 3,499 11,464 20,111
Operating income        
Total operating income 60,551 70,419 125,306 119,490
Interest expense, net of capitalized interest 674 872 1,429 1,249
Interest income (2,184) (1,047) (5,048) (3,328)
Income tax expense 15,244 16,001 30,573 25,923
Mexico        
Net sales        
Total net sales 587,341 565,710 1,132,832 1,054,001
Mexico | Operating Segments        
Net sales        
Total cost of sales 555,470 463,790 1,072,380 901,134
Total gross profit 31,871 101,920 60,452 152,867
Total SG&A expenses 15,360 14,987 33,049 29,329
Operating income        
Total operating income 16,511 86,933 27,402 123,538
Interest expense, net of capitalized interest 216 180 412 328
Interest income (558) (4,206) (1,532) (11,232)
Income tax expense 6,939 25,368 9,865 38,533
Mexico | Eliminations        
Net sales        
Total net sales $ 20,300 $ 21,500 $ 48,400 $ 49,200