v3.26.3
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2026
Sep. 29, 2025
Cash flows from operating activities:    
Net income $ 217,838 $ 126,763
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant, and equipment 94,724 82,135
Amortization of definite-lived intangible assets 27,672 27,673
Amortization of debt discount and issuance costs 1,895 1,609
Loss on extinguishment of debt 747 0
Deferred income taxes 19,003 1,461
Stock-based compensation 61,738 29,586
Unrealized loss on derivative instruments 12,710 0
Other 6,252 5,512
Changes in operating assets and liabilities:    
Accounts receivable, net (259,039) (51,536)
Contract assets (315,828) (65,585)
Inventories (67,332) (28,702)
Prepaid expenses and other assets (52,473) (11,667)
Accounts payable 375,981 102,253
Contract liabilities 26,715 (21,547)
Accrued salaries, wages, and benefits 28,214 22,944
Other liabilities 94,066 8,053
Net cash provided by operating activities 272,883 228,952
Cash flows from investing activities:    
Acquisition of STG, net of cash acquired (369,129) 0
Net purchases of property, plant, and equipment and other assets (251,636) (223,176)
Proceeds from sale of property, plant, and equipment and other assets 14,498 489
Other (7,387) 0
Net cash used in investing activities (613,654) (222,687)
Cash flows from financing activities:    
Proceeds from long-term debt borrowings 1,079,159 0
Repayment of long-term debt borrowings (344,310) (2,845)
Payment of debt issuance costs (12,000) 0
Repayment of customer deposits (5,750) 0
Repurchases of common stock 0 (17,875)
Customer deposits 0 1,500
other (1,451) 0
Net cash provided by (used in) financing activities 715,648 (19,220)
Effect of foreign currency exchange rates on cash and cash equivalents 236 143
Net increase (decrease) in cash and cash equivalents 375,113 (12,812)
Cash and cash equivalents at beginning of period 501,234 503,932
Cash and cash equivalents at end of period 876,347 491,120
Supplemental cash flow information:    
Cash paid, net for interest 39,535 39,807
Cash paid, net for income taxes 11,300 19,426
Supplemental disclosure of non-cash investing and financing activities:    
Cashless rollover of debt 280,841 0
Property, plant, and equipment recorded in accounts payable and other current liabilities $ 167,275 $ 62,561