GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 29, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The activity in goodwill by segment for the three months ended March 29, 2026 was as follows:

	December 28, 2025		Additions		Currency Translation		March 29, 2026
	(In thousands)
U.S.	$	41,936	$	—	$	—	$	41,936
Europe	1,183,920		1,008		(21,465)		1,163,463
Mexico	113,028		—		(1,373)		111,655
Total	$	1,338,884	$	1,008	$	(22,838)	$	1,317,054

Schedule of Intangible Assets

Intangible assets consisted of the following:

	December 28, 2025		Amortization		Currency Translation		March 29, 2026
	(In thousands)
Cost:
Trade names not subject to amortization	$	613,536	$	—	$	(11,007)	$	602,529
Trade names subject to amortization	114,762		—		(670)		114,092
Customer relationships	456,415		—		(5,723)		450,692
Accumulated amortization:
Trade names	(66,052)		(990)		171		(66,871)
Customer relationships	(286,595)		(7,430)		3,139		(290,886)
Intangible assets, net	$	832,066	$	(8,420)	$	(14,090)	$	809,556

Schedule of Intangible Assets Amortization Over the 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