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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2022
Accounting Policies [Abstract] |
Summary of Carrying Amounts and Fair Values of Financial Instruments | The carrying amounts and fair values of the Company’s financial instruments are as follows:
|  | December 31, 2022 |  |  | December 25, 2021 |
|  | Carrying Amount |  |  | Fair Value |  |  | Carrying Amount |  |  | Fair Value |
Cash and cash equivalents |  | $ | 1,279,194 |  |  | $ | 1,279,194 |  |  | $ | 1,498,058 |  |  | $ | 1,498,058 |
Marketable securities |  | $ | 1,381,648 |  |  | $ | 1,381,648 |  |  | $ | 1,616,678 |  |  | $ | 1,616,678 |
Schedule of Inventory | Inventories consisted of the following:
|  | December 31, 2022 |  |  | December 25, 2021 |
Raw materials |  | $ | 600,858 |  |  | $ | 509,435 |
Work-in-process |  |  | 180,873 |  |  |  | 213,801 |
Finished goods |  |  | 733,314 |  |  |  | 504,373 |
Inventories |  | $ | 1,515,045 |  |  | $ | 1,227,609 |
Schedule of Property and Equipment | The components of property and equipment were as follows and are generally depreciated over the following estimated useful lives:
|  | Estimated Useful Life |  | December 31, 2022 |  |  | December 25, 2021 |
Land |  |  |  | $ | 193,861 |  |  | $ | 206,895 |
Building and improvements |  | 15 to 50 years |  |  | 856,722 |  |  |  | 763,654 |
Machinery, equipment and software |  | 3 to 10 years |  |  | 1,001,344 |  |  |  | 917,557 |
Total, at cost |  |  |  |  | 2,051,927 |  |  |  | 1,888,106 |
Accumulated depreciation |  |  |  |  | (904,922 | ) |  |  | (820,628 | )
Property and equipment, net |  |  |  | $ | 1,147,005 |  |  | $ | 1,067,478 |
Schedule of Intangible Assets | The Company’s excess purchase cost over fair value of net assets acquired (goodwill) was $567,994 at December 31, 2022, and $575,080 at December 25, 2021. Changes in the carrying amount of goodwill for the years ended December 31, 2022 and December 25, 2021 are as follows:
|  | Fitness |  |  | Outdoor |  |  | Aviation |  |  | Marine |  |  | Auto |  |  | Total |
Goodwill balance as of December 26, 2020 |  | $ | 272,449 |  |  | $ | 88,658 |  |  | $ | 60,347 |  |  | $ | 82,602 |  |  | $ | 80,154 |  |  | $ | 584,210 |
Acquisitions |  |  | — |  |  |  | 14,152 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14,152 |
Foreign currency translation and other adjustments |  |  | (16,577 | ) |  |  | (2,416 | ) |  |  | — |  |  |  | (2,696 | ) |  |  | (1,593 | ) |  |  | (23,282 | )
Goodwill balance as of December 25, 2021 |  | $ | 255,872 |  |  | $ | 100,394 |  |  | $ | 60,347 |  |  | $ | 79,906 |  |  | $ | 78,561 |  |  | $ | 575,080 |
Acquisitions |  |  | — |  |  |  | 2,518 |  |  |  | — |  |  |  | 7,340 |  |  |  | — |  |  |  | 9,858 |
Foreign currency translation and other adjustments |  |  | (11,570 | ) |  |  | (2,019 | ) |  |  | — |  |  |  | (2,245 | ) |  |  | (1,110 | ) |  |  | (16,944 | )
Goodwill balance as of December 31, 2022 |  | $ | 244,302 |  |  | $ | 100,893 |  |  | $ | 60,347 |  |  | $ | 85,001 |  |  | $ | 77,451 |  |  | $ | 567,994 |
Schedule of Product Warranty | The following reconciliation presents details of the changes in the Company’s accrued warranty costs:
|  | Fiscal Year Ended |
|  | December 31, 2022 |  |  | December 25, 2021 |  |  | December 26, 2020 |
Balance - beginning of period |  | $ | 45,467 |  |  | $ | 42,643 |  |  | $ | 39,758 |
Accrual for products sold (1) |  |  | 72,821 |  |  |  | 69,810 |  |  |  | 67,028 |
Expenditures |  |  | (67,336 | ) |  |  | (66,986 | ) |  |  | (64,143 | )
Balance - end of period |  | $ | 50,952 |  |  | $ | 45,467 |  |  | $ | 42,643 |
(1) Changes in cost estimates related to pre-existing warranties were not material and aggregated with accruals for new warranty contracts in the ‘accrual for products sold’ line.

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249 + Details
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