XML 89 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jul. 03, 2026
Jun. 27, 2025
Income Statement [Abstract]        
Net sales $ 613,906 $ 431,658 $ 1,163,730 $ 851,988
Cost of sales 509,564 349,000 977,553 693,151
Gross margin 104,342 82,658 186,177 158,837
Selling, general, and administrative expense 42,321 35,039 78,521 70,484
Research and development expense 6,562 6,413 12,719 12,918
Restructuring expense 324 479 2,619 2,517
Other—net 3,424 3,908 12,432 8,904
Operating profit 51,711 36,819 79,886 64,014
Other non-operating income—net (317) (567) (627) (1,233)
Interest expense - net 7,526 8,230 15,104 15,147
Income before income taxes 44,502 29,156 65,409 50,100
Income tax expense 5,744 4,016 7,277 7,262
Net income $ 38,758 $ 25,140 $ 58,132 $ 42,838
Basic earnings per share:        
Net income per share of common stock (in dollars per share) $ 1.86 $ 1.21 $ 2.80 $ 2.06
Diluted earnings per share:        
Net income per share of common stock (in dollars per share) $ 1.84 $ 1.21 $ 2.76 $ 2.05
Weighted-average number of shares of common stock outstanding:        
Basic (in shares) 20,821 20,779 20,791 20,779
Diluted (in shares) 21,075 20,833 21,048 20,874