Earnings Per Share, Share Repurchase Program, and Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 29, 2026

Stockholders' Equity Note [Abstract]

Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share from Continuing Operations

The reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share is as follows:


		For the Quarter Ended								For the Two Quarters Ended
		June 29, 2026				June 30, 2025				June 29, 2026				June 30, 2025
		(In thousands, except per share amounts)
Net income		$	83,047			$	41,530			$	133,035			$	73,708

Basic weighted average shares			104,291				101,857				104,061				101,861
Dilutive effect of PRUs, RSUs, and stock options			3,292				3,016				3,273				2,840
Diluted shares			107,583				104,873				107,334				104,701

Earnings per share:
Basic earnings per share		$	0.80			$	0.41			$	1.28			$	0.72
Diluted earnings per share			0.77				0.40				1.24				0.70

Schedule of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:


		As of
		June 29, 2026				December 29, 2025
		(In thousands)
Foreign currency translation		$	(33,071	)		$	(33,374	)
Pension obligation			2,891				2,891
Cash flow hedges			742				(447	)
Total		$	(29,438	)		$	(30,930	)