v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 26, 2026
Sep. 27, 2025
Cash flows from operating activities:    
Net earnings $ 349,710 $ 184,464
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 72,860 65,429
Contribution to defined benefit pension plan (886) (3,155)
Impairment of long-lived assets 9,629 91,337
Stock-based compensation 17,673 19,396
Net periodic pension cost 3,229 800
Loss on sale of property, plant, and equipment 157 119
Deferred income taxes 28,650 4,996
Other, net (1,550) 602
Changes in assets and liabilities:    
Receivables (60,616) 60,067
Inventories (75,287) 12,568
Contract assets (37,360) (42,238)
Prepaid expenses and other assets (current and non-current) (19,555) 14,284
Accounts payable 46,609 (6,731)
Contract liabilities (current and non-current) 12,318 (51,590)
Accrued expenses (20,097) (11,483)
Current income taxes 25,088 1,649
Other non-current liabilities 1,503 4,729
Net cash flows from operating activities 352,075 345,243
Cash flows from investing activities:    
Purchases of property, plant, and equipment (116,077) (104,230)
Acquisition, net of cash acquired (11,470)  
Proceeds from sales of assets 1,767 1,562
Proceeds from property damage insurance claims 605 772
Other, net 3,304 (2,415)
Net cash flows from investing activities (121,871) (104,311)
Cash flows from financing activities:    
Proceeds from short-term borrowings   2,840
Repayments on short-term borrowings   (4,492)
Proceeds from long-term borrowings 120,665 130,000
Repayments on long-term borrowings (160,590) (130,531)
Dividends paid (43,091) (39,085)
Dividend to redeemable noncontrolling interest (712) (698)
Purchase of redeemable noncontrolling interest (8,922) (14,624)
Repurchases of common stock (199,859) (125,839)
Payments of excise taxes on share repurchases (1,677)  
Proceeds from exercises under stock plans 3,282 6,354
Tax withholdings on exercises under stock plans (5,103) (8,265)
Other, net   (1,829)
Net cash flows from financing activities (296,007) (186,169)
Effect of exchange rate changes on cash and cash equivalents 708 7,029
Net change in cash and cash equivalents (65,095) 61,792
Cash and cash equivalents-beginning of period 187,140 164,315
Cash and cash equivalents-end of period 122,045 226,107
Supplemental disclosures of cash flow information:    
Interest paid 20,538 19,724
Income taxes paid $ 66,046 $ 68,143