v3.26.1
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2026
Jul. 04, 2025
Jul. 03, 2026
Jul. 04, 2025
Statement of Comprehensive Income [Abstract]        
Unrealized gain on hedging activities, tax expense $ 0 $ 0 $ 0 $ (497)
Defined benefit pension and other post-retirement plan activity, tax expense (87) (97) (174) (108)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 33,988 68,104 83,225 137,936
Foreign currency translation adjustment 7,885 102,218 (10,868) 181,548
Unrealized loss on derivatives designated and qualifying as cash flow hedges, net of tax benefit of $—, $—, $— and $(497) 0 0 0 (1,816)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax (20) 202 349 523
Other comprehensive income (loss), net of tax (expense) benefit 7,865 102,420 (10,519) 180,255
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest   170,524   318,191
Comprehensive income attributable to noncontrolling interest (658) (1,483) (1,164) (4,070)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent   169,041   314,121
Foreign currency translation, tax expense (benefit) (273) (7,250) 2,624 (11,572)
Defined benefit pension and other post-retirement plan activity, tax expense $ 87 $ 97 $ 174 $ 108