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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

9 Months Ended

Sep. 27, 2025

Segment Reporting [Abstract]

Schedule of Revenue and Other Financial Information by Business Segment

The following table presents the results of operations by reportable segment:

			Three Months Ended												Nine Months Ended
			September 27, 2025						September 28, 2024						September 27, 2025						September 28, 2024
			(in thousands)
RMS
Revenue			$	213,474					$	197,824					$	639,818					$	625,120
Cost of revenue (excluding amortization of intangible assets)			148,004						137,906						430,435						421,773
Selling, general and administrative			24,934						26,453						77,509						84,943
Amortization of intangible assets			5,983						5,921						17,930						17,763
Operating income			$	34,553					$	27,544					$	113,944					$	100,641
DSA
Revenue			$	600,685					$	615,060					$	1,811,323					$	1,847,931
Cost of revenue (excluding amortization of intangible assets)			408,112						409,684						1,250,162						1,246,560
Selling, general and administrative			56,266						63,260						181,829						174,598
Amortization of intangible assets			13,154						15,680						39,446						47,122
Operating income			$	123,153					$	126,436					$	339,886					$	379,651
Manufacturing
Revenue			$	190,693					$	196,879					$	570,014					$	574,389
Cost of revenue (excluding amortization of intangible assets)			109,944						113,152						326,967						331,530
Selling, general and administrative			32,556						32,737						99,004						99,397
Amortization of intangible assets			8,267						10,802						100,676						32,363
Operating income			$	39,926					$	40,188					$	43,367					$	111,099
Unallocated Corporate (1)
Selling, general and administrative			$	63,833					$	76,763					$	188,595					$	196,357
Operating loss			$	(63,833)					$	(76,763)					$	(188,595)					$	(196,357)
(1) Operating income for unallocated corporate consists of costs associated with departments such as senior executives, corporate accounting, legal, tax, human resources, treasury, and investor relations.

			Three Months Ended												Nine Months Ended
			September 27, 2025						September 28, 2024						September 27, 2025						September 28, 2024
			(in thousands)
Revenue
RMS			$	213,474					$	197,824					$	639,818					$	625,120
DSA			600,685						615,060						1,811,323						1,847,931
Manufacturing			190,693						196,879						570,014						574,389
Total revenue			$	1,004,852					$	1,009,763					$	3,021,155					$	3,047,440
Operating Income (Loss)
RMS			$	34,553					$	27,544					$	113,944					$	100,641
DSA			123,153						126,436						339,886						379,651
Manufacturing			39,926						40,188						43,367						111,099
Segment operating income			197,632						194,168						497,197						591,391
Unallocated Corporate			(63,833)						(76,763)						(188,595)						(196,357)
Operating income			$	133,799					$	117,405					$	308,602					$	395,034
Other income (expense):
Interest income			1,422						1,528						3,923						6,740
Interest expense			(25,403)						(30,284)						(83,254)						(98,054)
Other income (expense), net			(22,618)						2,592						(34,675)						6,185
Income before income taxes			$	87,200					$	91,241					$	194,596					$	309,905

Capital expenditures and depreciation and amortization (related to both intangible assets and certain assets acquired in business combinations) by reportable segment are as follows:

			RMS						DSA						Manufacturing						Unallocated Corporate						Consolidated
			(in thousands)
Capital Expenditures
Three Months Ended:
September 27, 2025			$	3,173					$	25,709					$	5,191					$	1,507					$	35,580
September 28, 2024			7,186						22,773						8,735						27						38,721
Nine Months Ended:
September 27, 2025			$	14,099					$	78,730					$	33,631					$	3,742					$	130,202
September 28, 2024			36,543						91,176						28,180						1,452						157,351
Depreciation and amortization (1)
Three Months Ended:
September 27, 2025			$	21,939					$	44,001					$	17,377					$	1,847					$	85,164
September 28, 2024			18,389						47,751						20,298						1,760						88,198
Nine Months Ended:
September 27, 2025			$	63,410					$	128,660					$	127,343					$	5,622					$	325,035
September 28, 2024			53,050						141,269						60,176						5,142						259,637
(1) Depreciation and amortization includes both inventory step up amortization expense and biological assets amortization expense.

Schedule of Revenue by Geographic Area

The following table disaggregates the Company’s revenue by reportable segment and timing of transfer of products or services:

			Three Months Ended												Nine Months Ended
			September 27, 2025						September 28, 2024						September 27, 2025						September 28, 2024
			(in thousands)
Timing of Revenue Recognition:
RMS
Services and products transferred over time			$	96,080					$	93,446					$	290,832					$	285,794
Services and products transferred at a point in time			117,394						104,378						348,986						339,326
Total RMS revenue			213,474						197,824						639,818						625,120
DSA
Services and products transferred over time			600,080						613,388						1,809,465						1,844,298
Services and products transferred at a point in time			605						1,672						1,858						3,633
Total DSA revenue			600,685						615,060						1,811,323						1,847,931
Manufacturing
Services and products transferred over time			92,250						107,284						290,334						311,823
Services and products transferred at a point in time			98,443						89,595						279,680						262,566
Total Manufacturing revenue			190,693						196,879						570,014						574,389
Total revenue			$	1,004,852					$	1,009,763					$	3,021,155					$	3,047,440

Revenue by geographic area is as follows:

			U.S.						Europe						Canada						Asia Pacific						Other (1)						Consolidated
			(in thousands)
Three Months Ended:
September 27, 2025			$	537,605					$	277,690					$	116,809					$	51,664					$	21,084					$	1,004,852
September 28, 2024			559,277						267,123						127,088						45,009						11,266						1,009,763
Nine Months Ended:
September 27, 2025			$	1,624,420					$	822,799					$	377,747					$	148,109					$	48,080					$	3,021,155
September 28, 2024			1,693,021						814,819						362,733						141,168						35,699						3,047,440
(1) The Other category represents operations located in Brazil, Israel, and Mauritius.

Schedule of Long-Lived Assets by Geographic Area

Long-lived assets by geographic area are as follows:

			U.S.						Europe						Canada						Asia Pacific						Other						Consolidated
			(in thousands)
Long-lived assets
September 27, 2025			$	888,989					$	446,629					$	153,670					$	61,551					$	40,786					$	1,591,625
December 28, 2024			941,621						412,967						147,039						66,046						36,341						1,604,014

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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-Topic 606
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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