Stockholders' Equity

6 Months Ended

Jun. 29, 2025

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

Dividends

During the first and second quarter of 2025, the Company paid dividends per share of $.25 and $.14, respectively. During each of the first and second quarters of 2024, the Company paid dividends per share of $.25.

Repurchases of Common Stock

In January 2023, our Board of Directors authorized a repurchase program for up to $500,000 of our common stock through February 28, 2027, when and if market conditions warrant and to the extent legally permissible (the “January 2023 Authorization”). During the six months ended June 29, 2025, the Company repurchased 12,957 shares under the January 2023 Authorization with an aggregate purchase price of $185,962, of which $193 was accrued as of June 29, 2025, and excluding excise tax of $1,813 and commissions of $182. During the six months ended June 29, 2025, the Company paid $565 in excise tax on shares repurchased during 2024. As of June 29, 2025, the Company had $49,038 of availability remaining under the January 2023 Authorization. Subsequent to June 29, 2025 through August 1, 2025, the Company repurchased 834 shares under the January 2023 Authorization with an aggregate purchase price of $8,825, excluding applicable excise tax and commissions.

During the six months ended June 30, 2024, the Company repurchased 1,955 shares under the January 2023 Authorization with an aggregate purchase price of $34,448, of which $801 was accrued as of June 30, 2024, and excluding excise tax of $233 and commissions of $28.

Accumulated Other Comprehensive Loss

The following table provides a rollforward of accumulated other comprehensive loss, which is entirely comprised of foreign currency translation:

	Six Months Ended
	June 29, 2025		June 30, 2024
Balance at beginning of period	$	(74,753)	$	(58,375)
Foreign currency translation	12,217		(6,597)
Balance at end of period	$	(62,536)	$	(64,972)