v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2026
Dec. 27, 2025
Current assets:    
Cash and cash equivalents (Note 1) $ 824,840 $ 563,391
Short-term investments 359 287
Trade receivables, less allowances of $95,619 and $77,073 at September 26, 2026 and December 27, 2025, respectively 438,145 363,215
Inventories (Note 3) 443,990 416,472
Prepaid income taxes and income taxes receivable 3,238 6,137
Prepaid expenses and other current assets 102,077 85,832
Total current assets 1,812,649 1,435,334
Net property, plant, and equipment (Note 4) 507,749 540,640
Intangible assets, net of amortization (Note 5) 538,141 594,907
Goodwill (Note 5) 1,204,660 1,211,411
Investments 11,815 20,010
Deferred income taxes 3,800 5,255
Right of use lease assets 85,276 86,263
Other long-term assets 61,492 62,976
Total assets 4,225,582 3,956,796
Current liabilities:    
Accounts payable 260,080 211,079
Accrued liabilities (Note 6) 271,608 199,271
Accrued income taxes 48,108 26,186
Current portion of long-term debt (Note 8) 100,000 96,233
Total current liabilities 679,796 532,769
Long-term debt, less current portion (Note 8) 529,934 706,394
Deferred income taxes 103,106 102,335
Accrued post-retirement benefits 40,713 38,733
Non-current lease liabilities 72,068 71,765
Other long-term liabilities 75,782 78,766
Total liabilities 1,501,399 1,530,762
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, September 26, 2026–27,519,212; December 27, 2025–27,014,490 268 264
Additional paid-in capital 1,208,485 1,098,150
Treasury stock, at cost: 2,116,210 and 2,088,409 shares, respectively (350,101) (338,696)
Accumulated other comprehensive loss (27,904) (5,383)
Retained earnings 1,893,435 1,671,699
Total equity 2,724,183 2,426,034
Total liabilities and equity $ 4,225,582 $ 3,956,796