v3.26.3
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
 9 Months Ended
Sep. 26, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates the Company’s revenue by reportable segment and timing of transfer of products or services:
Three Months EndedNine Months Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
(in thousands)
Timing of Revenue Recognition:
DSA
Services and products transferred over time$595,663 $600,080 $1,797,831 $1,809,465 
Services and products transferred at a point in time659 605 1,921 1,858 
Total DSA revenue596,322 600,685 1,799,752 1,811,323 
Manufacturing
Services and products transferred over time74,230 92,250 250,027 290,334 
Services and products transferred at a point in time104,648 98,443 307,487 279,680 
Total Manufacturing revenue178,878 190,693 557,514 570,014 
RMS
Services and products transferred over time94,866 96,080 283,439 290,832 
Services and products transferred at a point in time112,666 117,394 341,935 348,986 
Total RMS revenue207,532 213,474 625,374 639,818 
Total revenue$982,732 $1,004,852 $2,982,640 $3,021,155 
Revenue by geographic area is as follows:
U.S.EuropeCanadaAsia Pacific
Other (1)
Consolidated
(in thousands)
Three Months Ended:
September 26, 2026$541,657 $240,131 $120,586 $61,626 $18,732 $982,732 
September 27, 2025537,605 277,690 116,809 51,664 21,084 1,004,852 
Nine Months Ended:
September 26, 2026$1,625,327 $780,782 $357,661 $177,624 $41,246 $2,982,640 
September 27, 20251,624,420 822,799 377,747 148,109 48,080 3,021,155 
(1) The Other category represents operations located in Brazil, Israel, and Mauritius.
Schedule of Client Receivables, Contract Assets and Contract Liabilities
The following table provides information about client receivables, contract assets, and contract liabilities from contracts with customers:
September 26, 2026December 27, 2025
(in thousands)
Assets from contracts with customers
Client receivables$546,861 $518,728 
Unbilled revenue198,955 200,591 
Total745,816 719,319 
Less: Allowance for credit losses(10,511)(10,463)
Trade receivables and contract assets, net$735,305 $708,856 
Liabilities from contracts with customers
Current deferred revenue$204,204 $210,418 
Long-term deferred revenue (included in Other long-term liabilities)47,687 45,632 
Customer contract deposits (included in Other current liabilities)117,620 106,599 
Schedule of Allowance for Credit Losses
The following is a summary of the activity of the Company’s allowance for credit losses:
Nine Months Ended
September 26, 2026September 27, 2025
(in thousands)
Beginning balance$10,463 $18,301 
Provisions1,935 4,559 
Reductions(1,887)(9,055)
Ending balance$10,511 $13,805