Earnings Per Share, Share Repurchase Program, and Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 28, 2026

Stockholders' Equity Note [Abstract]

Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share from Continuing Operations

The reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share is as follows:


		For the Quarter Ended								For the Three Quarters Ended
		September 28, 2026				September 29, 2025				September 28, 2026				September 29, 2025
		(In thousands, except per share amounts)
Net income		$	84,803			$	53,055			$	217,838			$	126,763

Basic weighted average shares			105,665				103,321				104,596				102,337
Dilutive effect of PRUs, RSUs, and stock options			2,034				2,491				2,859				2,724
Diluted shares			107,699				105,812				107,455				105,061

Earnings per share:
Basic earnings per share		$	0.80			$	0.51			$	2.08			$	1.24
Diluted earnings per share			0.79				0.50				2.03				1.21

Schedule of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:


		As of
		September 28, 2026				December 29, 2025
		(In thousands)
Foreign currency translation		$	(32,863	)		$	(33,374	)
Pension obligation			—				2,891
Net investment hedge			2,179				—
Cash flow hedges			981				(447	)
Total		$	(29,703	)		$	(30,930	)