XML 38 R26.htm IDEA: XBRL DOCUMENT v3.26.1
Other Comprehensive (Loss)/Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Jan. 03, 2026
Dec. 28, 2024
Text Block [Abstract]        
Other Comprehensive Income Other Comprehensive (Loss)/Income
Changes in accumulated other comprehensive loss(1) were as follows (in thousands):
 Currency Translation AdjustmentPension Benefit CostsUnrealized Gain/(Loss) Interest Rate SwapTotal
Balance as of January 3, 2026$(69,612)$(80,363)$8,111 $(141,864)
Other comprehensive (loss)/income before reclassification(12,349)1,309 2,064 (8,976)
Amounts reclassified from accumulated other comprehensive loss23,647 3,382 (2,754)24,275 
Net current-period other comprehensive income/(loss)11,298 4,691 (690)15,299 
Balance as of April 4, 2026$(58,314)$(75,672)$7,421 $(126,565)
Balance as of December 28, 2024$(213,255)$(78,534)$22,399 $(269,390)
Other comprehensive income/(loss) before reclassification46,829 (2,464)(788)43,577 
Amounts reclassified from accumulated other comprehensive loss— 512 (4,661)(4,149)
Net current-period other comprehensive income/(loss)46,829 (1,952)(5,449)39,428 
Balance as of March 29, 2025$(166,426)$(80,486)$16,950 $(229,962)
(1)As of April 4, 2026, pension and unrealized loss on interest rate swap amounts, net of tax, were $15.9 million and $3.3 million, respectively. During the three months ended April 4, 2026, the adjustments to pension and unrealized loss on interest rate swap amounts, net of tax, were $(0.1) million and $(0.2) million, respectively. As of March 29, 2025, pension and unrealized gain on interest rate swap amounts, net of tax, were $14.1 million and $6.3 million, respectively. During the three months ended March 29, 2025, the adjustments to pension and unrealized gain on interest rate swap amounts, net of tax, were $0.3 million and $(1.7) million, respectively.
Components of other comprehensive (loss)/income were as follows (in thousands):
 Three Months Ended
 Apr 4, 2026Mar 29, 2025
Net (loss)/earnings$(50,073)$92,352 
Currency translation adjustment(12,349)46,829 
Pension liability adjustment, net of tax1,821 (1,952)
Unrealized loss on interest rate swaps, net of tax(690)(5,449)
Reclassification due to sale of Residential Kitchen Equipment Group26,517 — 
Comprehensive (loss)/income$(34,774)$131,780 
      
Accumulated Other Comprehensive Income/(Loss) [Line Items]        
Other Comprehensive Income, Other, Net of Tax $ (126,565) $ (229,962) $ (141,864) $ (269,390)
Other comprehensive (loss)/income before reclassification (8,976) 43,577    
Amounts reclassified from accumulated other comprehensive loss 24,275 (4,149)    
Net current-period other comprehensive income/(loss) 15,299 39,428    
Accumulated Other Comprehensive (income) Loss, Defined Benefit Plan, Tax 15,900 14,100    
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Tax 3,300 6,300    
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax (100) 300    
Unrealized gain on interest rate swap, tax $ (217) (1,701)    
Schedule of Comprehensive Income (Loss)
Components of other comprehensive (loss)/income were as follows (in thousands):
 Three Months Ended
 Apr 4, 2026Mar 29, 2025
Net (loss)/earnings$(50,073)$92,352 
Currency translation adjustment(12,349)46,829 
Pension liability adjustment, net of tax1,821 (1,952)
Unrealized loss on interest rate swaps, net of tax(690)(5,449)
Reclassification due to sale of Residential Kitchen Equipment Group26,517 — 
Comprehensive (loss)/income$(34,774)$131,780 
      
Net earnings $ (50,073) 92,352    
Currency Translation Adjustment (12,349) 46,829    
Change in unrecognized pension benefit costs, net of tax 1,821 (1,952)    
Unrealized gain (loss) on interest rate swamp, net of tax (690) (5,449)    
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 26,517 0    
Comprehensive income (34,774) 131,780    
Interest Rate Swap        
Accumulated Other Comprehensive Income/(Loss) [Line Items]        
Other Comprehensive Income, Other, Net of Tax 7,421 16,950 8,111 22,399
Other comprehensive (loss)/income before reclassification 2,064 (788)    
Amounts reclassified from accumulated other comprehensive loss (2,754) (4,661)    
Net current-period other comprehensive income/(loss) (690) (5,449)    
Accumulated Translation Adjustment        
Accumulated Other Comprehensive Income/(Loss) [Line Items]        
Other Comprehensive Income, Other, Net of Tax (58,314) (166,426) (69,612) (213,255)
Other comprehensive (loss)/income before reclassification (12,349) 46,829    
Amounts reclassified from accumulated other comprehensive loss 23,647 0    
Net current-period other comprehensive income/(loss) 11,298 46,829    
Accumulated Defined Benefit Plans Adjustment        
Accumulated Other Comprehensive Income/(Loss) [Line Items]        
Other Comprehensive Income, Other, Net of Tax (75,672) (80,486) $ (80,363) $ (78,534)
Other comprehensive (loss)/income before reclassification 1,309 (2,464)    
Amounts reclassified from accumulated other comprehensive loss 3,382 512    
Net current-period other comprehensive income/(loss) $ 4,691 $ (1,952)