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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 27, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 227,053 $ 206,407
Short-term investments 256,928 55,685
Accounts receivable, net 108,754 91,619
Inventories 129,006 141,861
Prepaid expenses 24,356 19,293
Taxes receivable 3,893 19,442
Total current assets 749,990 534,307
Property, plant and equipment, net 76,987 74,786
Goodwill 283,027 234,639
Intangible assets, net 79,272 110,717
Other assets 24,435 31,058
Operating lease right of use assets [1] 29,271 13,908
Assets 1,242,982 999,415
Current liabilities:    
Short-term borrowings 9,807 633
Current installments of long-term debt 1,244 1,115
Accounts payable 40,708 30,554
Customer advances 2,802 2,764
Accrued compensation and benefits 22,463 20,023
Accrued warranty 4,179 2,971
Deferred profit 8,626 3,589
Income taxes payable 2,789 2,394
Other accrued liabilities 16,460 21,141
Total current liabilities 109,078 85,184
Other accrued liabilities 6,730 6,821
Noncurrent income tax liabilities 3,975 5,691
Accrued retirement benefits 5,472 8,481
Deferred income taxes 15,469 19,402
Long-term debt 285,026 7,052
Long-term lease liabilities 31,693 9,893
Stockholders’ equity:    
Preferred stock, $1 par value; 1,000 shares authorized, none issued 0 0
Common stock, $1 par value; 90,000 shares authorized, 49,875 shares issued and outstanding in 2025 and 49,601 shares in 2024 49,875 49,601
Paid-in capital 681,509 697,489
Treasury stock, at cost; 3,030 shares in 2025 and 2,891 shares in 2024 (87,842) (87,784)
Retained earnings 174,467 248,740
Accumulated other comprehensive loss (32,470) (51,155)
Total stockholders’ equity 785,539 856,891
Liabilities and Equity $ 1,242,982 $ 999,415
[1] In June 2025, we gained access to our new corporate headquarters located in San Diego, California enabling us to make certain preparations for our planned relocation on December 1, 2025, resulting in an increase to our operating lease asset and long term operating lease liability.