Acquisitions (Tables)

3 Months Ended

Mar. 29, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of the Fair Value of Net Assets Acquired

The following table summarizes the provisional fair value of net assets acquired:

	Fair Value
Cash and cash equivalent	$	18,074
Accounts receivable	10,346
Inventories	126,516
Property, plant and equipment	207,912
Goodwill	107,543
Trade name and customer relationship intangibles	108,000
Equity investment	11,000
Other assets	5,803
Total assets acquired	595,194
Accounts payable and other liabilities assumed	8,805
Employee related liabilities	5,876
Rebates and customer related liabilities	16,698
Deferred income tax liabilities	67,924
Total liabilities assumed	99,303
Net assets acquired	$	495,891

The following table summarizes the provisional fair value of net assets acquired:

	Fair Value
Cash and cash equivalent	$	10,423
Accounts receivable	27,325
Inventories	21,535
Property, plant and equipment	47,478
Lease right-of-use assets	123,801
Goodwill	173,204
Trade name and customer relationship intangibles	246,000
Other assets	7,375
Total assets acquired	657,141
Accounts payable and other liabilities assumed	36,080
Employee related liabilities	6,208
Lease liabilities	104,807
Deferred income tax liabilities	49,384
Total liabilities assumed	196,479
Net assets acquired	$	460,662

Schedule of Provisional Fair Value and Weighted Average Estimated Useful Life of Identifiable Intangible Assets

The fair value and expected useful life of identifiable intangible assets consists of the following:

	Fair Value		Useful Life in Years
Customer relationships	$	30,000	11
Trade names and other	78,000		12
Total	$	108,000

The fair value and expected useful life of identifiable intangible assets consists of the following:

	Fair Value		Useful Life in Years
Customer relationships	$	200,000	12
Trade names and other	46,000		12
Total	$	246,000