v3.26.1
Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 27, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair values of derivative instruments held are as follows:
Derivative Assets
(amounts in thousands)Balance Sheet LocationJune 27, 2026December 31, 2025
Derivatives not designated as hedging instruments:
Foreign currency forward contractsOther current assets$324 $539 
Derivative Liabilities
(amounts in thousands)Balance Sheet LocationJune 27, 2026December 31, 2025
Derivatives designated as hedging instruments:
Interest rate contractsAccrued expenses and other current liabilities$— $41 
Derivatives not designated as hedging instruments:
Foreign currency forward contractsAccrued expenses and other current liabilities$638 $583 
Schedule of Derivative Instruments, Gain (Loss)
The effect of derivative instruments on the unaudited condensed consolidated statements of operations is as follows:
Location of (Loss) Gain Recognized in Condensed Consolidated Statements of Operations
Amount of (Loss) Gain Recognized in Earnings on Derivatives
Three Months EndedSix Months Ended
(amounts in thousands)June 27, 2026June 28, 2025June 27, 2026June 28, 2025
Derivatives designated as hedging instruments:
Foreign currency forward contractsCost of sales$51 $(211)$(55)$(164)
Commodity contractsCost of sales— — — 410 
Interest rate contractsInterest expense, net— — (39)— 
Derivatives not designated as hedging instruments:
Foreign currency forward contractsOther expense (income), net(2,506)805 (3,626)(51)
Commodity contractsOther expense (income), net— 199 — 560 
Total$(2,455)$793 $(3,720)$755