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Segment Information and Geographic Data (Tables)
3 Months Ended
Mar. 28, 2026
Segment Reporting [Abstract]  
Schedule of Net Sales (Revenue), Gross Profit, and Operating Income Net sales, cost of goods sold, gross profit, significant segment expenses, and operating income (loss) for each of the Company’s five reportable segments are presented below.

 

 

 

Fitness

 

 

Outdoor

 

 

Aviation

 

 

Marine

 

 

Auto OEM

 

 

Total

 

13-Weeks Ended March 28, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

546,822

 

 

$

417,530

 

 

$

263,841

 

 

$

355,016

 

 

$

170,280

 

 

$

1,753,489

 

Cost of goods sold

 

 

208,300

 

 

 

139,587

 

 

 

66,532

 

 

 

157,640

 

 

 

139,141

 

 

 

711,200

 

Gross profit

 

 

338,522

 

 

 

277,943

 

 

 

197,309

 

 

 

197,376

 

 

 

31,139

 

 

 

1,042,289

 

Research and development expense

 

 

62,304

 

 

 

70,296

 

 

 

89,460

 

 

 

48,952

 

 

 

24,806

 

 

 

295,818

 

Selling, general and administrative expenses

 

 

118,598

 

 

 

88,856

 

 

 

36,915

 

 

 

57,667

 

 

 

12,770

 

 

 

314,806

 

Operating income (loss)

 

$

157,620

 

 

$

118,791

 

 

$

70,934

 

 

$

90,757

 

 

$

(6,437

)

 

$

431,665

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13-Weeks Ended March 29, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

384,722

 

 

$

438,496

 

 

$

223,114

 

 

$

319,438

 

 

$

169,329

 

 

$

1,535,099

 

Cost of goods sold

 

 

164,580

 

 

 

155,960

 

 

 

55,212

 

 

 

135,505

 

 

 

139,297

 

 

 

650,554

 

Gross profit

 

 

220,142

 

 

 

282,536

 

 

 

167,902

 

 

 

183,933

 

 

 

30,032

 

 

 

884,545

 

Research and development expense

 

 

50,457

 

 

 

63,063

 

 

 

84,198

 

 

 

43,986

 

 

 

26,416

 

 

 

268,120

 

Selling, general and administrative expenses

 

 

91,973

 

 

 

90,685

 

 

 

35,348

 

 

 

53,082

 

 

 

12,513

 

 

 

283,601

 

Operating income (loss)

 

$

77,712

 

 

$

128,788

 

 

$

48,356

 

 

$

86,865

 

 

$

(8,897

)

 

$

332,824

 

Schedule of Net Sales to External Customers by Geographic Region

Net sales to external customers by geographic region for the 13-week periods ended March 28, 2026 and March 29, 2025 are presented below. Note that Americas includes North America and South America, EMEA includes Europe, the Middle East and Africa, and APAC includes Asia Pacific and Australian Continent.

 

 

 

13-Weeks Ended

 

 

 

March 28, 2026

 

 

March 29, 2025

 

Americas (1)

 

$

821,629

 

 

$

745,733

 

EMEA

 

 

656,844

 

 

 

568,953

 

APAC

 

 

275,016

 

 

 

220,413

 

Net sales to external customers

 

$

1,753,489

 

 

$

1,535,099

 

 

 

 

 

 

 

 

(1) The United States is the only country which constitutes greater than 10% of net sales to external customers.