v3.26.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Operating activities    
Net earnings (loss) $ 35,288 $ (2,088)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 114,328 109,743
Loss on disposal of property and equipment 24 73
Inventory write-offs for obsolescence 21,883 17,456
Deferred income taxes (6,069) (6,034)
Stock compensation expense 20,056 11,736
Other 79 (3,606)
Change in U.S. transition liability 0 (47,027)
Change in repatriation tax liability (2,000) (9,375)
Net change in operating assets and liabilities (14,561) (63,571)
Net cash provided by operating activities 169,028 7,307
Investing activities    
Capital expenditures (205,862) (126,167)
Proceeds from sale of property and equipment 221 494
Purchase of short-term investments (5,260) (28,481)
Maturity of short-term investments 262 39,400
Other investing activities (381) (661)
Net cash used in investing activities (211,020) (115,415)
Financing activities    
Proceeds from follow-on public offering, net of underwriting discounts and issuance costs 830,250 0
Principal payments on long-term debt 0 (41,911)
Net proceeds from revolving credit facility 19,000 49,000
Repurchase of common stock 0 (12,538)
Cash withholding taxes paid when shares withheld for vested equity awards (4,013) (3,957)
Other financing activities 10,000 10,078
Net cash provided by (used in) financing activities 828,013 (26,447)
Effect of exchange rate changes on cash and cash equivalents (3,678) 18,129
Net increase (decrease) in cash and cash equivalents 782,343 (116,426)
Cash and cash equivalents at beginning of period 514,966 590,286
Cash and cash equivalents at end of period 1,297,309 473,860
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (24,805) (24,700)
Class B Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (2,419) $ (2,419)