DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 27, 2025

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of fair value of derivative instruments

The fair value of derivative instruments as of September 27, 2025 and December 28, 2024 was as follows:

	Condensed Consolidated	September 27,		December 28,
Derivatives designated as hedging instruments:	Balance Sheets location	2025		2024
Commodity contracts	Prepaid expenses and other current assets	$	1,485	$	617
Commodity contracts	Other accrued expenses		(98)		(371)
Cross-currency swap contracts	Prepaid expenses and other current assets		651		1,074
Cross-currency swap contracts	Other accrued expenses		(7,118)		—
		$	(5,080)	$	1,320

Schedule of gains (losses) on derivatives recognized in the condensed consolidated statements of earnings

	Condensed Consolidated	Thirteen weeks ended				Thirty-nine weeks ended
Derivatives designated	Statements of	September 27,		September 28,		September 27,		September 28,
as hedging instruments:	Earnings location	2025		2024		2025		2024
Commodity contracts	Product cost of sales	$	632	$	(1,552)	$	236	$	(993)
Interest rate hedge amortization	Interest expense		(16)		(16)		(48)		(48)
Cross-currency swap contracts	Interest expense		444		248		1,017		934
		$	1,060	$	(1,320)	$	1,205	$	(107)

Cash Flow Hedging

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of notional amounts of outstanding derivative

	Notional		Total
Commodity Type	Amount		Purchase Quantity	Maturity Dates
Hot-rolled coil steel	$	11,055	13,250 short tons	September 2025 to December 2025
Natural gas		787	205,000 MMBtu	October 2025 to December 2026
Ultra-low-sulfur diesel fuel		10,490	4,788,000 gallons	September 2025 to June 2027
Zinc		7,791	2,880 metric tons	January 2026 to December 2027

Net Investment Hedging

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of notional amounts of outstanding derivative

	Notional			Swapped	Settlement
Currency	Amount		Termination Date	Interest Rate	Amount
Canadian dollar	$	40,000	October 1, 2028	4.0900%	C$	54,776
Chinese yuan	$	30,000	October 1, 2032	3.1125%	¥	215,640
Euro	$	80,000	April 1, 2029	3.4610%	€	74,509