GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The activity in goodwill by segment for the three months ended March 30, 2025 was as follows:

	December 29, 2024		Currency Translation		March 30, 2025
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
Europe	1,097,643		32,822		1,130,465
Mexico	99,494		(205)		99,289
Total	$	1,239,073	$	32,617	$	1,271,690

Schedule of Indefinite and Finite-Lived Intangible Assets

Intangible assets consisted of the following:

	December 29, 2024		Amortization		Currency Translation		March 30, 2025
	(In thousands)
Cost:
Trade names not subject to amortization	$	569,357	$	—	$	16,610	$	585,967
Trade names subject to amortization	112,016		—		1,023		113,039
Customer relationships	431,861		—		8,408		440,269
Accumulated amortization:
Trade names	(61,527)		(965)		(203)		(62,695)
Customer relationships	(245,473)		(7,025)		(3,807)		(256,305)
Intangible assets, net	$	806,234	$	(7,990)	$	22,031	$	820,275

Schedule of Intangible Assets Amortization and Estimated Useful Lives

Intangible assets are amortized over the estimated useful lives of the assets as follows:

Customer relationships	3-18 years
Trade names subject to amortization	15-20 years