v3.26.3
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2026
Oct. 03, 2025
Oct. 02, 2026
Oct. 03, 2025
Statement of Comprehensive Income [Abstract]        
Unrealized gain on hedging activities, tax expense $ 0 $ 0 $ 0 $ (497)
Defined benefit pension and other post-retirement plan activity, tax expense (87) (50) (261) (158)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 40,275 56,521 123,500 194,457
Foreign currency translation adjustment (15,258) (6,087) (26,126) 175,461
Unrealized loss on derivatives designated and qualifying as cash flow hedges, net of tax benefit of $—, $—, $— and $(497) 0 0 0 (1,816)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 164 250 513 773
Other comprehensive income (loss), net of tax (expense) benefit (15,094) (5,837) (25,613) 174,418
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 25,181 50,684 97,887 368,875
Comprehensive income attributable to noncontrolling interest (1,063) (348) (2,227) (4,418)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 24,118 50,336 95,660 364,457
Foreign currency translation, tax expense (benefit) 4,168 947 6,792 (10,625)
Defined benefit pension and other post-retirement plan activity, tax expense $ 87 $ 50 $ 261 $ 158