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Employee Benefit Plans
9 Months Ended
Sep. 28, 2025
Retirement Benefits [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANS
The Company has defined benefit and multi-employer pension plans, which are described more fully in Note 19 to the consolidated financial statements included in Item 8 of the Annual Report on Form 10-K for the fiscal year ended December 29, 2024.
During the three and nine month periods ended September 28, 2025 and September 29, 2024, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.8 million and $2.1 million, respectively.
The following tables provide the components of net periodic benefit cost for the three and nine months ended September 28, 2025 and September 29, 2024:
Three Months EndedNine Months Ended
Defined Benefit Retirement Plans (Europe)
September 28, 2025September 29, 2024September 28, 2025September 29, 2024
(in thousands)
Interest cost$1,961 $1,746 $5,703 $5,158 
Expected return on plan assets(2,094)(2,009)(6,093)(5,930)
Amortization of prior service cost48 46 139 135 
Amortization of net actuarial losses405 274 1,178 810 
Net periodic benefit cost$320 $57 $927 $173 
Three Months EndedNine Months Ended
Salary Continuation PlanSeptember 28, 2025September 29, 2024September 28, 2025September 29, 2024
(in thousands)
Interest cost$274 $267 $823 $799 
Amortization of net actuarial losses47 59 142 179 
Net periodic benefit cost$321 $326 $965 $978 
Three Months EndedNine Months Ended
nora Defined Benefit Plan
September 28, 2025September 29, 2024September 28, 2025September 29, 2024
(in thousands)
Service cost$115 $126 $329 $376 
Interest cost281 268 806 794 
Amortization of net actuarial gains(91)— (263)— 
Net periodic benefit cost$305 $394 $872 $1,170 
The service cost component of net periodic benefit costs is presented within operating income in the consolidated condensed statements of operations, while all other components of net periodic benefit costs are presented within other expense, net, in the consolidated condensed statements of operations.