v3.26.3
Other Comprehensive Income (Loss)
9 Months Ended
Sep. 26, 2026
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)
Changes in other comprehensive income (loss) by component were as follows:
(in thousands)Three Months Ended
September 26, 2026
Three Months Ended
September 27, 2025
Pre-taxTaxNet of TaxPre-taxTaxNet of Tax
Defined benefit pension plan and other adjustments$476 $2 $478 $662 $4 $666 
Cash flow hedges(2,755)81 (2,674)758 88 846 
Foreign currency translation adjustments-Net investment hedge(37)9 (28)— — — 
Foreign currency translation adjustments (a)4,583 — 4,583 (5,297)248 (5,049)
Total foreign currency translation adjustments4,546 9 4,555 (5,297)248 (5,049)
Total change in other comprehensive income (loss)$2,267 $92 $2,359 $(3,877)$340 $(3,537)
(in thousands)Nine Months Ended
September 26, 2026
Nine Months Ended
September 27, 2025
Pre-taxTaxNet of TaxPre-taxTaxNet of Tax
Defined benefit pension plan and other adjustments$1,462 $8 $1,470 $1,040 $29 $1,069 
Cash flow hedges(5,352)50 (5,302)6,721 543 7,264 
Foreign currency translation adjustments-Net investment hedge1,897 (436)1,461 — — — 
Foreign currency translation adjustments (a)(21,411)1,261 (20,150)126,804 (3,164)123,640 
Total foreign currency translation adjustments(19,514)825 (18,689)126,804 (3,164)123,640 
Total change in other comprehensive income (loss)$(23,404)$883 $(22,521)$134,565 $(2,592)$131,973 
(a) The tax shown above within foreign currency translation adjustments is the U.S. tax associated with the foreign currency translation adjustments of earnings of non-U.S. subsidiaries, which have been previously taxed in the U.S. and are not permanently reinvested.

The following tables set forth the changes in the components of accumulated other comprehensive income (loss) by component for the nine months ended September 26, 2026 and September 27, 2025:
(in thousands)Pension and postretirement liability and reclassification adjustmentsCash flow hedgesTotal foreign currency
translation adjustments
Accumulated other
comprehensive loss
Balance at December 27, 2025$(12,687)$8,132 $(828)$(5,383)
Activity in the period1,470 (5,302)(18,689)(22,521)
Balance at September 26, 2026$(11,217)$2,830 $(19,517)$(27,904)
(in thousands)Pension and postretirement liability and reclassification adjustmentsCash flow hedgesTotal foreign currency translation adjustmentsAccumulated other comprehensive (loss) income
Balance at December 28, 2024$(10,509)$1,301 $(137,153)$(146,361)
Activity in the period1,069 7,264 123,640 131,973 
Balance at September 27, 2025$(9,440)$8,565 $(13,513)$(14,388)
Amounts reclassified from accumulated other comprehensive income (loss) to earnings for the three and nine months ended September 26, 2026 and September 27, 2025 were as follows:
Three Months EndedNine Months Ended
(in thousands)September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Pension and postemployment plans:
Amortization of prior service and net actuarial loss, and other$471 $490 $1,404 $1,381 

The Company recognizes the amortization of prior service costs in Other income, net within the Condensed Consolidated Statements of Operations.