Segment Information (Tables)

12 Months Ended

Dec. 29, 2024

Segment Reporting [Abstract]

Reconciliation of Operating Income (Loss) to Income Before Income Tax Expense and Segment AOI

The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for fiscal years 2024, 2023, and 2022.

	Fiscal Year
	2024						2023						2022
	AMS		EAAA		TOTAL		AMS		EAAA		TOTAL		AMS		EAAA		TOTAL
							(in thousands)
Net sales	$	800,811	$	514,847	$	1,315,658	$	736,955	$	524,543	$	1,261,498	$	753,740	$	544,179	$	1,297,919
Less: significant segment expenses (1)
Adjusted cost of sales (2)	494,185		333,353				458,708		356,591				473,761		374,106
Adjusted selling, general, & administrative expenses(3)	200,032		146,691				190,458		139,344				177,609		140,015
Segment AOI	106,594		34,803		141,397		87,789		28,608		116,397		102,370		30,058		132,428
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net					2,530						5,631						8,189
Purchasing accounting amortization					5,172						5,172						5,038
Cyber Event impact					(711)						1,072						5,093
Goodwill & intangible asset impairment					—						—						36,180
Thailand plant inventory write down					—						—						2,530
Interest expense					23,205						31,787						29,929
Other (income) expense, net					(2,353)						9,081						3,552
Income before taxes					$	113,554					$	63,654					$	41,917

(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.

(2) Adjusted cost of sales excludes purchase accounting amortization, the Cyber Event impact, and Thailand plant inventory write down.

(3) Adjusted selling, general, and administrative expenses exclude the cyber event impact and restructuring, asset impairment, severance, and other, net.

Segment, Reconciliation of Other Items from Segments to Consolidated

The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for fiscal years 2024, 2023, and 2022.

	Fiscal Year
	2024						2023						2022
	AMS		EAAA		TOTAL		AMS		EAAA		TOTAL		AMS		EAAA		TOTAL
							(in thousands)
Net sales	$	800,811	$	514,847	$	1,315,658	$	736,955	$	524,543	$	1,261,498	$	753,740	$	544,179	$	1,297,919
Less: significant segment expenses (1)
Adjusted cost of sales (2)	494,185		333,353				458,708		356,591				473,761		374,106
Adjusted selling, general, & administrative expenses(3)	200,032		146,691				190,458		139,344				177,609		140,015
Segment AOI	106,594		34,803		141,397		87,789		28,608		116,397		102,370		30,058		132,428
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net					2,530						5,631						8,189
Purchasing accounting amortization					5,172						5,172						5,038
Cyber Event impact					(711)						1,072						5,093
Goodwill & intangible asset impairment					—						—						36,180
Thailand plant inventory write down					—						—						2,530
Interest expense					23,205						31,787						29,929
Other (income) expense, net					(2,353)						9,081						3,552
Income before taxes					$	113,554					$	63,654					$	41,917

(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.

(2) Adjusted cost of sales excludes purchase accounting amortization, the Cyber Event impact, and Thailand plant inventory write down.

(3) Adjusted selling, general, and administrative expenses exclude the cyber event impact and restructuring, asset impairment, severance, and other, net.

Schedule of Operating Segment Information

Segment depreciation and amortization for 2024, 2023 and 2022 is presented in the table below:

	Fiscal Year
	2024		2023		2022
	(in thousands)
Depreciation and amortization
AMS	$	17,804	$	17,989	$	16,827
EAAA	21,529		22,785		23,510
Total depreciation and amortization	$	39,333	$	40,774	$	40,337

Reconciliation of Assets from Segment to Consolidated

A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows:

	End of Fiscal Year
	2024		2023
	(in thousands)
Assets
AMS	$	644,085	$	627,782
EAAA	587,639		630,939
Total segment assets	1,231,724		1,258,721
Corporate assets	111,761		108,673
Eliminations	(172,669)		(137,299)
Total reported assets	$	1,170,816	$	1,230,095

Schedule of Revenue and Long-Lived Assets

Net sales and long-lived assets for the United States and other significant countries (that individually represent 10% or greater of consolidated totals for each year presented) are as follows:

	Fiscal Year
Net Sales to Unaffiliated Customers(1)	2024		2023		2022
	(in thousands)
United States	$	744,407	$	677,342	$	694,299
Other foreign countries	571,251		584,156		603,620
Total net sales	$	1,315,658	$	1,261,498	$	1,297,919
			End of Fiscal Year
Long-Lived Assets(2)			2024		2023
			(in thousands)
United States			$	151,130	$	146,106
Germany			60,391		66,740
Netherlands			36,350		40,455
Other foreign countries			34,503		37,839
Total long-lived assets			$	282,374	$	291,140

(1) Revenue attributed to geographic areas is based on the location of the customer.

(2) Long-lived assets attributed to geographic areas are based on the physical location of the asset. 2024 includes $3.1 million and $5.0 million of leased equipment, net of accumulated amortization, in the United States and foreign countries, respectively. 2023 includes $2.2 million and $5.0 million of leased equipment, net of accumulated amortization, in the United States and foreign countries, respectively.