v3.26.3
EQUITY AND NONCONTROLLING INTERESTS (Tables)
9 Months Ended
Sep. 26, 2026
Equity [Abstract]  
Schedule of Reconciliation of the Numerator and Denominator in the Computations of the Basic and Diluted Earnings Per Share
The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share:
Three Months EndedNine Months Ended
September 26, 2026September 27, 2025September 26, 2026September 27, 2025
(in thousands)
Numerator:
Net income$334,444 $55,556 $318,882 $134,127 
Less: Net income attributable to noncontrolling interests1,377 1,134 2,140 1,910 
Net income attributable to common shareholders$333,067 $54,422 $316,742 $132,217 
Denominator:
Weighted-average shares outstanding - Basic47,803 49,213 48,258 49,680 
Effect of dilutive securities:
Stock options, restricted stock units and performance share units 781 213 641 186 
Weighted-average shares outstanding - Diluted48,584 49,426 48,899 49,866 
Anti-dilutive common stock equivalents (1)(2)
140 1,131 427 1,057 
(1) Anti-dilutive common stock equivalents represent amounts outstanding related to employee stock options, RSUs and PSUs for all periods presented.
(2) These common stock equivalents were outstanding for the periods presented, but were not included in the computation of diluted EPS for those periods because their inclusion would have had an anti-dilutive effect.
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:
Foreign Currency Translation Adjustment
and Other
Pension and Other Post-Retirement Benefit PlansTotal
(in thousands)
December 27, 2025$(120,167)$(51,616)$(171,783)
Other comprehensive income (loss)(29,191)2,682 (26,509)
Net current period other comprehensive income (loss)(29,191)2,682 (26,509)
Income tax (benefit) expense
(8,242)641 (7,601)
September 26, 2026$(141,116)$(49,575)$(190,691)