v3.26.3
GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill by Segment
The activity in goodwill by segment for the nine months ended September 27, 2026 was as follows:
December 28, 2025Currency TranslationSeptember 27, 2026
(In thousands)
U.S.$41,936 $— $41,936 
Europe1,183,920 (23,454)1,160,466 
Mexico113,028 1,381 114,409 
Total$1,338,884 $(22,073)$1,316,811 
Schedule of Intangible Assets
Intangible assets consisted of the following:
December 28, 2025AdditionsAmortizationCurrency TranslationSeptember 27, 2026
(In thousands)
Cost:
Trade names not subject to amortization$613,536 $— $— $(11,694)$601,842 
Trade names subject to amortization114,762 — — (753)114,009 
Customer relationships456,415 1,122 — (5,656)451,881 
Accumulated amortization:
Trade names(66,052)— (1,007)(1,765)(68,824)
Customer relationships(286,595)— (7,546)(11,575)(305,716)
Intangible assets, net$832,066 $1,122 $(8,553)$(31,443)$793,192 
Schedule of Intangible Assets Amortization Over the Estimated Useful Lives
Intangible assets are amortized over the estimated useful lives of the assets as follows:
Customer relationships
3-18 years
Trade names subject to amortization
15-20 years