v3.26.3
Segment Information (Tables)
 9 Months Ended
Oct. 04, 2026
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Segment depreciation and amortization for the three and nine months ended October 4, 2026 and September 28, 2025 is presented as follows:
Three Months EndedNine Months Ended
October 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)(in thousands)
Depreciation and amortization
AMS$4,870 $4,748 $14,469 $14,075 
EAAA5,135 5,188 15,332 15,091 
Total depreciation and amortization$10,005 $9,936 $29,801 $29,166 
Reconciliation of Assets from Segment to Consolidated
A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts is presented as follows:
October 4, 2026December 28, 2025
(in thousands)
Assets
AMS$671,121 $660,189 
EAAA662,889 619,663 
Total segment assets1,334,010 1,279,852 
Corporate assets117,581 98,853 
Eliminations(184,048)(172,183)
Total reported assets$1,267,543 $1,206,522 
Reconciliation of Operating Income to Income Before Income Tax Expense and Segment AOI
The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for the three and nine months ended October 4, 2026 and September 28, 2025.
Three Months Ended
October 4, 2026September 28, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$219,364 $147,372 $366,736 $218,614 $145,912 $364,526 
   
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
125,355 92,636 127,566 92,862 
   Adjusted selling, general, & administrative expenses (3)
52,780 38,743 50,572 39,380 
Segment AOI41,229 15,993 57,222 40,476 13,670 54,146 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net913 319 
Purchase accounting amortization
— 467 
Interest expense, net2,246 4,211 
Other expense, net1,131 659 
Income before taxes$52,932 $48,490 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
Nine Months Ended
October 4, 2026September 28, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$662,701 $430,770 $1,093,471 $637,994 $399,467 $1,037,461 
    
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
368,441 271,480 371,134 260,683 
   Adjusted selling, general, & administrative expenses (3)
168,149 120,507 157,676 112,459 
Segment AOI126,111 38,783 164,894 109,184 26,325 135,509 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net1,339 3,802 
Purchase accounting amortization
— 3,073 
Interest expense, net7,285 13,069 
Other expense, net3,622 5,773 
Income before taxes$152,648 $109,792 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
Segment, Reconciliation of Other Items from Segments to Consolidated
The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for the three and nine months ended October 4, 2026 and September 28, 2025.
Three Months Ended
October 4, 2026September 28, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$219,364 $147,372 $366,736 $218,614 $145,912 $364,526 
   
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
125,355 92,636 127,566 92,862 
   Adjusted selling, general, & administrative expenses (3)
52,780 38,743 50,572 39,380 
Segment AOI41,229 15,993 57,222 40,476 13,670 54,146 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net913 319 
Purchase accounting amortization
— 467 
Interest expense, net2,246 4,211 
Other expense, net1,131 659 
Income before taxes$52,932 $48,490 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
Nine Months Ended
October 4, 2026September 28, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$662,701 $430,770 $1,093,471 $637,994 $399,467 $1,037,461 
    
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
368,441 271,480 371,134 260,683 
   Adjusted selling, general, & administrative expenses (3)
168,149 120,507 157,676 112,459 
Segment AOI126,111 38,783 164,894 109,184 26,325 135,509 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net1,339 3,802 
Purchase accounting amortization
— 3,073 
Interest expense, net7,285 13,069 
Other expense, net3,622 5,773 
Income before taxes$152,648 $109,792 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.