v3.26.1
EQUITY AND NONCONTROLLING INTERESTS (Tables)
6 Months Ended
Jun. 27, 2026
Equity [Abstract]  
Schedule of Reconciliation of the Numerator and Denominator in the Computations of the Basic and Diluted Earnings (Loss) Per Share
The following table reconciles the numerator and denominator in the computations of basic and diluted earnings (loss) per share:
Three Months EndedSix Months Ended
June 27, 2026June 28, 2025June 27, 2026June 28, 2025
(in thousands)
Numerator:
Net income (loss)$(760)$52,693 $(15,562)$78,571 
Less: Net income attributable to noncontrolling interests722 367 763 776 
Net income (loss) attributable to common shareholders(1,482)52,326 (16,325)77,795 
Denominator:
Weighted-average shares outstanding - Basic48,021 49,149 48,486 49,913 
Effect of dilutive securities:
Stock options, restricted stock units and performance share units — 167 — 176 
Weighted-average shares outstanding - Diluted48,021 49,316 48,486 50,089 
Anti-dilutive common stock equivalents (1)(2)
858 1,128 637 1,003 
(1) Anti-dilutive common stock equivalents represent amounts outstanding related to employee stock options, RSUs and PSUs for all periods presented.
(2) These common stock equivalents were outstanding for the periods presented, but were not included in the computation of diluted EPS for those periods because their inclusion would have had an anti-dilutive effect.
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:
Foreign Currency Translation Adjustment
and Other
Pension and Other Post-Retirement Benefit PlansTotal
(in thousands)
December 27, 2025$(120,167)$(51,616)$(171,783)
Other comprehensive income (loss)(33,708)1,787 (31,921)
Net current period other comprehensive income (loss)(33,708)1,787 (31,921)
Income tax (benefit) expense
(8,132)417 (7,715)
June 27, 2026$(145,743)$(50,246)$(195,989)