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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 30, 2023
Accounting Policies [Abstract]  
Accounts Receivable, Allowance for Credit Loss

The following table details the balances of the allowance for credit losses and changes therein:

    

Balance as of

    

Charged to

    

Currency

    

Deductions

    

Balance as of

Beginning of

Profit and

Translation

from

Close of

Fiscal year ended:

Period

Loss

Adjustment

Reserves

Period

December 30, 2023

$

20,890

$

17,657

$

911

$

(6,561)

$

32,897

December 31, 2022

 

18,050

 

4,237

 

(522)

 

(875)

 

20,890

December 25, 2021

 

15,952

 

3,379

 

(339)

 

(942)

 

18,050

Schedule of Components of Accumulated Other Comprehensive Income (Loss)

December 30,

December 31,

2023

    

2022

Foreign currency translation adjustments

$

(236,690)

$

(260,799)

Hedging activities

20,989

20,099

Defined benefit pension plan

(57,535)

(34,209)

Accumulated other comprehensive loss

$

(273,236)

$

(274,909)

Schedule of Disaggregation of Revenue

The disaggregation of revenue by product line is disclosed in Note 21. A breakdown by segment of revenue recognized over time and revenue recognized at a point in time for the fiscal years ended December 30, 2023, December 31, 2022, and December 25, 2021 was as follows:

Fiscal Year Ended

December 30, 2023

December 31, 2022

December 25, 2021

    

Point in Time

Over Time

Point in Time

Over Time

Point in Time

Over Time

Infrastructure

$

1,744,139

$

1,255,498

$

1,687,458

$

1,222,288

$

1,388,297

$

973,227

Agriculture

 

1,144,633

 

30,328

 

1,307,681

 

27,604

 

996,278

 

20,772

Other

100,219

123,001

Total net sales

$

2,888,772

$

1,285,826

$

2,995,139

$

1,350,111

$

2,384,575

$

1,117,000

Schedule of outstanding finance program obligations

Confirmed obligations outstanding as of December 31, 2022

$

48,880

Invoices confirmed during the period

264,051

Confirmed invoices paid during the period

 

(271,015)

Confirmed obligations outstanding as of December 30, 2023

$

41,916