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Fair Value of Assets and Liabilities (Tables)
 12 Months Ended
Dec. 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
September 30, 2025November 30, 202618.420019.3700
November 4, 2025January 4, 202718.720019.7000
November 26, 2025February 2, 202718.430019.4852
Schedule of derivative instruments in statement of financial position, fair value
As of December 27, 2025 and December 28, 2024, the fair values of our derivative financial instrument and their classifications on the Consolidated Balance Sheets were as follows:

Fiscal Year Ended

(in thousands)		Consolidated Balance Sheets ClassificationDecember 27, 2025December 28, 2024
Derivatives designated as hedging instruments
Interest rate swap agreement:
Designated as cash flow hedgePrepaid expenses and other current assets$1,162 $2,482 
Other long-term assets382 3,716 
Zero cost collar agreement
Designated as cash flow hedgePrepaid expenses and other current assets$6,816 $22 
Accrued liabilities— 4,067 
Other long-term assets3 2 
Schedule of derivative instruments, gain (loss)
The pre-tax (gains) losses recognized on derivative financial instruments in the Consolidated Statements of Net (Loss) Income for the fiscal year ended December 27, 2025, December 28, 2024, and December 30, 2023 were as follows:
Fiscal Year Ended
(in thousands)Classification of (Gains) Losses Recognized in the Consolidated Statements of Net (Loss) IncomeDecember 27, 2025December 28, 2024December 30, 2023
Derivatives designated as cash flow hedges
Interest rate swap agreementInterest expense, net$(2,987)$(4,826)$(4,551)
Zero cost collar agreementCost of sales(2,791)1,766 — 
Zero cost collar agreementSelling, general, and administrative expenses(219)97 — 
Derivatives not designated as hedging instruments
Foreign exchange forward contractForeign exchange gain$— $— $(52)

The pre-tax losses (gains) recognized on derivative financial instruments in the Consolidated Statements of Comprehensive Income for the fiscal year ended December 27, 2025, December 28, 2024, and December 30, 2023 were as follows:
Fiscal Year Ended
(in thousands)December 27, 2025December 28, 2024December 30, 2023
Derivatives designated as cash flow hedges
Interest rate swap agreement$4,654 $(346)$2,827 
Zero cost collar agreement(10,787)3,534 — 
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 December 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$465,915 $— $— $465,915 
Investments in equity securities7,676 — — 7,676 
Mutual funds25,730 — — 25,730 
Total$499,321 $— $— $499,321 
 
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 December 27, 2025 and December 28, 2024 were as follows:
 
 December 27, 2025December 28, 2024
(in thousands)
Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Euro Senior Notes, Series B due 2028$111,977 $106,908 $98,928 $91,741 
USD Senior Notes, Series A due 2025— — 50,000 49,919 
USD Senior Notes, Series B due 2027100,000 99,152 100,000 96,623 
USD Senior Notes, Series B due 2030125,000 120,076 125,000 114,786 
USD Senior Notes, due 2032100,000 95,587 100,000 91,175 
Schedule of goodwill and intangible assets
2025 goodwill impairment charges were the result of measuring a reporting unit at fair value on a nonrecurring basis as shown below:

(in thousands)For Fiscal Year Ended December 27, 2025December 27, 2025
Impairment
Charge		Estimated Fair Value Measurement (Level 3)Net Carrying Value
Electronics-Semiconductor reporting unit
Goodwill$301,185 $238,057 $238,486 
2024 goodwill and intangible assets impairment charges were the result of measuring a reporting unit at fair value on a nonrecurring basis as shown below:
(in thousands)For Fiscal Year Ended December 28, 2024December 28, 2024
Impairment
Charge		Estimated Fair Value Measurement (Level 3)Net Carrying Value
Industrial Controls and Sensors reporting unit
Customer relationships, trademarks, and tradenames$40,641 $6,620 $7,142 
Patents, licenses and software6,938 950 1,065 
Intangible assets, net of amortization$47,579 $7,570 $8,207 
Goodwill$36,147 $119,361 $115,159 
Automotive Sensors reporting unit
Goodwill$8,616 $— $—