v3.26.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 26, 2026
Segment Reporting [Abstract]  
Revenues and Income from Operations for Reportable Segments
Hardware and Protective SolutionsThirteen weeks ended September 26, 2026Thirteen weeks ended September 27, 2025Thirty-nine weeks ended September 26, 2026Thirty-nine weeks ended September 27, 2025
Net sales$346,968 $329,122 $964,342 $913,055 
Significant segment expenses
Cost of sales (exclusive of depreciation and amortization)187,574 168,753 548,618 496,921 
Adjusted selling expense(1)
33,696 34,860 96,459 93,212 
Adjusted warehouse expense (2)
42,294 37,643 118,102 110,369 
Adjusted general and administrative expense(3)
21,104 22,356 56,216 57,621 
Other segment items (4)
(863)(330)(1,418)(707)
Segment adjusted EBITDA$63,163 $65,840 $146,365 $155,639 
1.Adjusted selling expense excludes expense related to corporate restructuring activities.
2.Adjusted warehouse expense excludes restructuring expense associated with our distribution center relocations and corporate restructuring activities.
3.Adjusted general and administrative expense excludes stock-based compensation, acquisition and integration costs, expense associated with corporate restructuring, and legal charges related to settlements.
4.Other segment items excludes the gain on the acquisition of Campbell Chain and Fittings, see Note 4 - Acquisitions.
Robotics and Digital Solutions
Thirteen weeks ended September 26, 2026Thirteen weeks ended September 27, 2025Thirty-nine weeks ended September 26, 2026Thirty-nine weeks ended September 27, 2025
Net sales$69,843 $58,573 $187,520 $167,003 
Significant segment expenses
Cost of sales (exclusive of depreciation and amortization)14,844 15,090 42,912 44,908 
Adjusted selling expense(1)
26,783 17,584 67,689 50,506 
Adjusted warehouse expense (2)
3,385 2,824 8,580 7,899 
Adjusted general and administrative expense(3)
3,940 4,669 11,543 12,855 
Other segment items(4)
35 16 112 135 
Segment adjusted EBITDA$20,856 $18,390 $56,684 $50,700 
1.Adjusted selling expense excludes expense related to corporate restructuring activities.
2.Adjusted warehouse expense excludes restructuring expense associated with our distribution center relocations and corporate restructuring activities.
3.Adjusted general and administrative expense excludes stock compensation expense, acquisition and integration expense, consulting expense and legal charges related to settlements, see Note 6 - Commitments and Contingencies.
4.Other segment items excludes the gain or loss on the revaluation of our contingent consideration liability, see Note 15 - Fair Value Measurements.
Canada
Thirteen weeks ended September 26, 2026Thirteen weeks ended September 27, 2025Thirty-nine weeks ended September 26, 2026Thirty-nine weeks ended September 27, 2025
Net sales$40,677 $37,244 $117,950 $107,027 
Significant segment expenses
Cost of sales (exclusive of depreciation and amortization)22,785 21,535 69,331 62,627 
Adjusted selling expense(1)
4,039 3,768 11,658 10,610 
Adjusted warehouse expense (2)
5,950 5,965 16,916 16,643 
Adjusted general and administrative expense(3)
1,769 1,979 5,225 5,621 
Other segment items— 201 481 85 
Segment adjusted EBITDA$6,134 $3,796 $14,339 $11,441 
1.Adjusted selling expense excludes restructuring expense.
2.Adjusted warehouse expense excludes restructuring expense associated with our distribution center relocations and corporate restructuring activities.
3.Adjusted general and administrative expense excludes stock-based compensation and expense associated with corporate restructuring activities.
The following table reconciles segment adjusted EBITDA by segment to the Company’s consolidated income before income taxes. Certain amounts in the prior year presentation between segments were reclassified to conform to the current year’s presentation.
Segment Reporting, Reconciliation of Other Item by Segment to Consolidated
The following table reconciles segment adjusted EBITDA by segment to the Company’s consolidated income before income taxes. Certain amounts in the prior year presentation between segments were reclassified to conform to the current year’s presentation.
Thirteen weeks ended September 26, 2026Thirteen weeks ended September 27, 2025Thirty-nine weeks ended September 26, 2026Thirty-nine weeks ended September 27, 2025
Hardware and Protective Solutions$63,163 $65,840 $146,365 $155,639 
Robotics and Digital Solutions20,856 18,390 56,684 50,700 
Canada6,134 3,796 14,339 11,441 
Total adjusted EBITDA90,153 88,026 217,388 217,780 
Interest expense, net14,338 14,692 40,385 43,044 
Depreciation22,308 20,100 66,842 59,343 
Amortization15,649 15,265 46,148 45,937 
Stock compensation expense4,365 3,904 11,727 10,739 
Restructuring and other costs1,469 749 2,903 2,860 
Litigation expense— 1,950 — 1,950 
Transaction and integration expense8,610 87 4,221 215 
Change in fair value of contingent consideration(137)67 (489)(500)
Refinancing costs13,505 — 13,505 906 
Total adjusting items80,107 56,814 185,242 164,494 
Income before income taxes$10,046 $31,212 $32,146 $53,286