XML 57 R40.htm IDEA: XBRL DOCUMENT v3.25.4
Shareholders' Equity (Tables)
12 Months Ended
Dec. 28, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Shareholders' Equity
The following tables depict the activity in the accounts which make up shareholders’ equity for fiscal years 2025, 2024 and 2023:
 
 SHARESCOMMON STOCKADDITIONAL
PAID-IN
CAPITAL
RETAINED
EARNINGS
PENSION
LIABILITY
FOREIGN
CURRENCY
TRANSLATION
ADJUSTMENT
TOTAL
 (in thousands)
Balance, at December 29, 202458,304 $5,830 $261,028 $405,441 $(39,834)$(143,317)$489,148 
Net income— — — 116,098 — — 116,098 
Issuances of stock related to restricted share units and performance shares713 71 (71)— — — — 
Cash dividends declared— — — (3,559)— — (3,559)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(376)(38)6,054 — — — 6,016 
Share repurchases
(750)(74)(18,101)— — — (18,175)
Pension liability adjustment— — — — 520 — 520 
Foreign currency translation adjustment— — — — — 50,626 50,626 
Balance, at December 28, 202557,891 $5,789 $248,910 $517,980 $(39,314)$(92,691)$640,674 
 SHARESCOMMON STOCKADDITIONAL
PAID-IN
CAPITAL
RETAINED
EARNINGS
PENSION
LIABILITY
FOREIGN
CURRENCY
TRANSLATION
ADJUSTMENT
TOTAL
 (in thousands)
Balance, at December 31, 202358,112 $5,811 $252,909 $320,833 $(34,016)$(119,590)$425,947 
Net income— — — 86,946 — — 86,946 
Issuances of stock related to restricted share units and performance shares479 48 (48)— — — — 
Restricted stock issuances58 941 — — — 947 
Unrecognized compensation expense related to restricted stock awards— — (946)— — — (946)
Cash dividends declared— — — (2,338)— — (2,338)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(345)(35)8,172 — — — 8,137 
Pension liability adjustment— — — — (5,818)— (5,818)
Foreign currency translation adjustment— — — — — (23,727)(23,727)
Balance, at December 29, 202458,304 $5,830 $261,028 $405,441 $(39,834)$(143,317)$489,148 

 SHARESCOMMON STOCKADDITIONAL
PAID-IN
CAPITAL
RETAINED
EARNINGS
PENSION
LIABILITY
FOREIGN
CURRENCY
TRANSLATION
ADJUSTMENT
CASH FLOW
HEDGE
TOTAL
 (in thousands)
Balance, at January 1, 202358,106 $5,811 $244,159 $278,639 $(27,548)$(138,775)$(749)$361,537 
Net income— — — 44,517 — — — 44,517 
Issuances of stock related to restricted share units and performance shares85 (8)— — — — — 
Restricted stock issuances107 11 749 — — — — 760 
Unrecognized compensation expense related to restricted stock awards— — (760)— — — — (760)
Cash dividends declared— — — (2,323)— — — (2,323)
Compensation expense related to share-based plans, net of forfeitures(186)(19)8,769 — — — — 8,750 
Pension liability adjustment— — — — (6,468)— — (6,468)
Foreign currency translation adjustment— — — — — 19,185 — 19,185 
Reclassification out of accumulated other comprehensive loss – discontinued cash flow hedge— — — — — — 749 749 
Balance, at December 31, 202358,112 $5,811 $252,909 $320,833 $(34,016)$(119,590)$— $425,947 
Schedule of Restricted Share Units Outstanding and Activity
The following table summarizes restricted share units outstanding as of December 28, 2025, as well as activity during the year:

Restricted Share UnitsWeighted Average Grant Date Fair Value
Outstanding at December 29, 2024823,300 $11.76 
Granted337,300 22.00 
Vested(338,000)11.87 
Forfeited or canceled(25,200)16.97 
Outstanding at December 28, 2025797,400 $15.88 
Schedule of Performance Shares Outstanding and Activity
The following table summarizes the performance shares outstanding as of December 28, 2025, as well as the activity during the year:
 
Performance SharesWeighted Average Grant Date Fair Value
Outstanding at December 29, 20241,171,700 $12.23 
Granted303,200 19.94 
Vested(375,500)12.99 
Forfeited or canceled(29,100)16.30 
Outstanding at December 28, 20251,070,300 $14.04