SEGMENT INFORMATION

9 Months Ended

Sep. 27, 2025

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

Our Chief Operating Decision Maker (“CODM”), who is our Chief Executive Officer, reviews financial information, makes operating decisions, evaluates operating performance, and allocates resources based on consolidated net income. We manage our business as one reportable operating segment that constitutes consolidated results. Our operational structure, which includes sales, research, product design, operations, marketing, and administrative functions, is focused on the entire product suite rather than individual product categories, channels, and geographies.

The following table presents segment information for net sales, segment profit, and significant expenses (in thousands):

	Three Months Ended				Nine Months Ended
	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Net sales	$	487,766	$	478,440	$	1,284,786	$	1,283,333
Cost of goods sold(1)	215,244		200,713		552,973		546,487
Gross profit	272,522		277,727		731,813		736,846
Selling, general, and administrative expenses
Distribution and fulfillment	84,208		83,286		216,511		220,238
Compensation and benefits(2)	50,697		47,641		146,896		140,556
Marketing	35,585		37,589		96,957		99,243
General and administrative(3)	38,654		32,432		108,080		92,244
Depreciation and amortization	9,025		7,144		25,321		21,693
Total selling, general and administrative expenses	218,169		208,092		593,765		573,974
Operating income	54,353		69,635		138,048		162,872
Interest (expense) income, net	(52)		384		551		495
Other (expense) income, net	(1,198)		4,061		5,951		351
Income before income taxes	53,103		74,080		144,550		163,718
Income tax expense	(13,703)		(17,796)		(37,390)		(41,183)
Net income	$	39,400	$	56,284	$	107,160	$	122,535

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(1)Includes depreciation expense of $4.8 million and $4.9 million for the three months ended September 27, 2025 and September 28, 2024, respectively. Includes depreciation expense of $14.8 million and $13.9 million for the nine months ended September 27, 2025 and September 28, 2024, respectively.

(2)Represents employee compensation and benefits, including non-cash stock-based compensation expense.

(3)Includes information technology, corporate infrastructure costs, contract labor, professional fees and services, asset impairments, and organizational realignment costs.