Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 25, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding forward contracts

We had the following outstanding foreign currency contracts as of September 25, 2026 (in millions):

Foreign currency contracts qualifying as cash flow hedges:	Notional amount
Euro	EUR	97.5
Japanese yen	JPY	1,117.7
Costa Rican colon	CRC	24,320.4
Chilean peso	CLP	6,552.0
Kenyan shilling	KES	1,033.7

Fair values of derivative instruments

The following table reflects the fair values of derivative instruments, which are designated as level 2 in the fair value hierarchy, as of September 25, 2026 and December 26, 2025 (U.S. dollars in millions):

	Foreign exchange contracts (1)
Balance Sheet location:	September 25, 2026		December 26, 2025
Asset derivatives:
Prepaid expenses and other current assets	$	5.6	$	0.4
Liability derivatives:
Accounts payable and accrued expenses	$	0.5	$	1.4

Effect of derivative instruments on Consolidated Statements of Comprehensive Income (Loss)

The following table reflects the effect of derivative instruments on the Consolidated Statements of Comprehensive Income for the quarters and nine months ended September 25, 2026 and September 26, 2025 (U.S. dollars in millions):

	Net amount of gain (loss) recognized in other comprehensive income on derivatives
	Quarter ended				Nine months ended
Derivative instruments	September 25, 2026		September 26, 2025		September 25, 2026		September 26, 2025
Foreign exchange contracts	$	(4.5)	$	5.4	$	6.0	$	(1.7)
Interest rate swaps, net of tax	(0.3)		(0.6)		(1.0)		(2.2)
Total	$	(4.8)	$	4.8	$	5.0	$	(3.9)