v3.26.3
Employee Benefit Plans
 9 Months Ended
Oct. 04, 2026
Retirement Benefits [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANS
The Company has defined benefit and multi-employer pension plans, which are described more fully in Note 18 to the consolidated financial statements included in Item 8 of the Annual Report on Form 10-K for the fiscal year ended December 28, 2025.
During the three-month and nine-month periods ended October 4, 2026, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.8 million and $2.4 million, respectively. During the three-month and nine-month periods ended September 28, 2025, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.8 million and $2.1 million, respectively.
The following tables provide the components of net periodic benefit cost for the three and nine months ended October 4, 2026 and September 28, 2025:
Three Months EndedNine Months Ended
Defined Benefit Retirement Plans (Europe)
October 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)
Interest cost$1,845 $1,961 $5,551 $5,703 
Expected return on plan assets(1,766)(2,094)(5,314)(6,093)
Amortization of prior service cost47 48 142 139 
Amortization of net actuarial losses407 405 1,225 1,178 
Net periodic benefit cost$533 $320 $1,604 $927 
Three Months EndedNine Months Ended
Salary Continuation PlanOctober 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)
Interest cost$256 $274 $768 $823 
Amortization of net actuarial losses63 47 190 142 
Net periodic benefit cost$319 $321 $958 $965 
Three Months EndedNine Months Ended
nora Defined Benefit Plan
October 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)
Service cost$93 $115 $282 $329 
Interest cost307 281 926 806 
Amortization of net actuarial gains(187)(91)(565)(263)
Net periodic benefit cost$213 $305 $643 $872 
The service cost component of net periodic benefit costs is presented within operating income in the consolidated condensed statements of operations, while all other components of net periodic benefit costs are presented within other expense, net, in the consolidated condensed statements of operations.