v3.26.1
Acquisitions (Tables)
 6 Months Ended
Jul. 04, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of the Fair Value of Net Assets Acquired
The following table summarizes the provisional fair value of net assets acquired and liabilities assumed:
(Amounts in thousands)Fair Value
Assets acquired and liabilities assumed:
Cash and cash equivalents$1,499 
Accounts receivable41,720 
Inventories76,339 
Property, plant and equipment152,055 
Trade name and customer relationship intangibles11,000 
Lease right-of-use asset8,911 
Other assets2,164 
Total assets acquired293,688 
Accounts payable and other liabilities assumed21,843 
Employee related liabilities5,360 
Lease liabilities8,798 
Rebates and customer related liabilities7,404 
Deferred income tax liabilities16,802 
Other liabilities assumed7,601 
Total liabilities assumed67,808 
Net assets acquired225,880 
Net purchase price
(174,678)
Bargain purchase gain$51,202 
Schedule of Fair Value and Expected Useful Life of Identifiable Intangible Assets
The fair value and expected useful life of identifiable intangible assets consists of the following:
($ Amounts in thousands)Fair ValueUseful Life in Years
Customer relationships$8,000 15
Trade names and other3,000 5
Total$11,000