SEGMENT INFORMATION

3 Months Ended

Apr. 04, 2026

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
	April 4, 2026		March 29, 2025
Net sales	$	380,414	$	351,128
Cost of goods sold(1)	170,203		149,406
Gross profit	210,211		201,722
Selling, general, and administrative expenses
Distribution and fulfillment	64,383		59,674
Compensation and benefits(2)	53,432		49,855
Marketing	28,622		25,932
General and administrative(3)	42,285		36,510
Depreciation and amortization	8,875		8,080
Product recall(4)	176		—
Total selling, general and administrative expenses	197,773		180,051
Operating income	12,438		21,671
Interest (expense) income, net	(1,117)		308
Other income, net	979		1,376
Income before income taxes	12,300		23,355
Income tax expense	(2,449)		(6,746)
Net income	$	9,851	$	16,609

_________________________

(1)Includes depreciation expense of $5.1 million for each of the three months ended April 4, 2026 and March 29, 2025.

(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, organizational realignment costs, and certain executive severance costs.

(4)Represents adjustments and charges associated with product recalls.