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Fair Value of Assets and Liabilities (Tables)
 9 Months Ended
Sep. 27, 2025
Fair Value Disclosures [Abstract]  
Schedule of Derivative Instruments The trade entry date, maturity date, weighted-average floor, and weighted-average ceiling for each collar trade was as follows:
Trade Entry DateTrade Maturity DateWeighted-Average FloorWeighted-Average Ceiling
July 3, 2024August 29, 202518.000019.4350
August 5, 2024September 29, 202519.655021.0000
September 3, 2024November 3, 202520.082021.7571
September 30, 2024November 26, 202519.870021.3650
November 4, 2024January 2, 202620.120021.6900
December 3, 2024February 2, 202620.425022.0377
January 2, 2025March 2, 202620.800021.9082
February 6, 2025March 30, 202620.530022.0000
April 9, 2025June 1, 202620.970022.2355
May 1, 2025June 29, 202619.694020.9700
June 4, 2025August 3, 202619.310020.3437
July 2, 2025August 31, 202618.850019.8025
August 5, 2025September 29, 202618.850019.8000
September 2, 2025November 2, 202618.810019.8347
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of September 27, 2025 and December 28, 2024, the fair values of the Company's derivative financial instruments and their classifications on the Condensed Consolidated Balance Sheets were as follows:


(in thousands)		Condensed Consolidated Balance Sheets ClassificationSeptember 27, 2025December 28, 2024
Derivatives designated as hedging instruments
Interest rate swap agreement:
Designated as cash flow hedgePrepaid expenses and other current assets$1,597 $2,482 
Other long-term assets591 3,716 
Zero cost collar agreement:
Designated as cash flow hedgePrepaid expenses and other current assets$6,766 $22 
Other long-term assets1 — 
Accrued liabilities— 4,067 
Other long-term liabilities— 2 
Schedule of Derivative Instruments Pre-tax Gains
The pre-tax (gains) losses recognized on derivative financial instruments in the Condensed Consolidated Statements of Net Income for the three and nine months ended September 27, 2025 and September 28, 2024 were as follows:

Three Months EndedNine Months Ended
(in thousands)Classification of (Gains) Losses Recognized in the Condensed Consolidated Statements of Net IncomeSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024
Derivatives designated as cash flow hedges
Interest rate swap agreementInterest expense$(786)$(1,282)$(2,357)$(3,850)
Zero cost collar agreementCost of sales(1,565)409 (205)409 
Zero cost collar agreementSelling, general, and administrative expenses(119)— 2 — 

The pre-tax losses (gains) recognized on derivative financial instruments in the Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended September 27, 2025 and September 28, 2024 were as follows:

 Three Months EndedNine Months Ended
(in thousands)September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Derivatives designated as cash flow hedges
Interest rate swap agreement$561 $5,857 $4,010 $3,346 
Zero cost collar agreement(1,319)4,003 (10,731)4,003 
Schedule of Fair Value, Assets Measured on Recurring Basis
The following table presents assets measured at fair value by classification within the fair value hierarchy as of September 27, 2025:
 Fair Value Measurements Using 
(in thousands)Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Cash equivalents$749,628 $— $— $749,628 
Investments in equity securities9,160 — — 9,160 
Mutual funds25,440 — — 25,440 
   Total $784,228 $— $— $784,228 

The following table presents assets measured at fair value by classification within the fair value hierarchy as of December 28, 2024: 
 Fair Value Measurements Using 
(in thousands)Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total
Cash equivalents$658,491 $— $— $658,491 
Investments in equity securities10,182 — — 10,182 
Mutual funds23,268 — — 23,268 
   Total$691,941 $— $— $691,941 
Schedule of Fair Value, by Balance Sheet Grouping
The carrying value and estimated fair values of the Company’s Euro Senior Notes, Series B and USD Senior Notes, Series A and Series B, as of September 27, 2025 and December 28, 2024 were as follows:
 September 27, 2025December 28, 2024
(in thousands)Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Euro Senior Notes, Series B due 2028$110,889 $104,638 $98,928 $91,741 
USD Senior Notes, Series A due 2025— — 50,000 49,919 
USD Senior Notes, Series B due 2027100,000 98,784 100,000 96,623 
USD Senior Notes, Series B due 2030125,000 119,292 125,000 114,786 
USD Senior Notes, due 2032100,000 95,072 100,000 91,175