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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 25, 2021
Income Tax Disclosure [Abstract] |
Schedule of Income Before Income Tax, Domestic and Foreign | Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries are as follows:
| 2021 |  | 2020 |  | 2019
United States | $ | 202,051 |  |  | $ | 169,281 |  |  | $ | 166,108 |
Foreign | 58,032 |  |  | 23,487 |  |  | 33,750 |
| $ | 260,083 |  |  | $ | 192,768 |  |  | $ | 199,858 |
Schedule of Income Tax Expense (Benefit) | Income tax expense (benefit) consists of:
| 2021 |  | 2020 |  | 2019
Current: |  |  |  |  |
Federal | $ | 30,031 |  |  | $ | 30,431 |  |  | $ | 27,809 |
State | 8,891 |  |  | 8,302 |  |  | 5,568 |
Foreign | 20,644 |  |  | 12,730 |  |  | 13,130 |
| 59,566 |  |  | 51,463 |  |  | 46,507 |
Non-current: | 1,777 |  |  | (451) |  |  | (240) |
Deferred: |  |  |  |  |
Federal | 4,587 |  |  | (6,086) |  |  | 47 |
State | 558 |  |  | (822) |  |  | 160 |
Foreign | (5,074) |  |  | 5,511 |  |  | 1,279 |
| 71 |  |  | (1,397) |  |  | 1,486 |
| $ | 61,414 |  |  | $ | 49,615 |  |  | $ | 47,753 |
Schedule of Reconciliation of Statutory Federal Income Tax Rate and Effective Tax Rate | The reconciliations of the statutory federal income tax rate and the effective tax rate follows:
| 2021 |  | 2020 |  | 2019
Statutory federal income tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal benefit | 2.9 |  |  | 3.5 |  |  | 2.5 |
Carryforwards, credits and changes in valuation allowances | 1.5 |  |  | (1.6) |  |  | (1.0) |
Foreign tax rate differences | (0.1) |  |  | (1.7) |  |  | 0.3 |
Changes in unrecognized tax benefits | 0.7 |  |  | 0.2 |  |  | (0.1) |
Goodwill and intangible impairment | — |  |  | 2.4 |  |  | — |
Other | (2.4) |  |  | 1.9 |  |  | 1.2 |
| 23.6 | % |  | 25.7 | % |  | 23.9 | %
Schedule of Tax Effects of Significant Items Comprising Net Deferred Income Tax Liabilities | The tax effects of significant items comprising the Company’s net deferred income tax assets/liabilities are as follows:
| 2021 |  | 2020
Deferred income tax assets: |  |  |
Accrued expenses and allowances | $ | 21,241 |  |  | $ | 17,203 |
Tax credits and loss carryforwards | 83,690 |  |  | 81,912 |
Defined benefit pension liability | 134 |  |  | 30,623 |
Inventory allowances | 2,818 |  |  | — |
Accrued compensation and benefits | 24,302 |  |  | 23,545 |
Lease liabilities | 41,128 |  |  | 23,715 |
Deferred compensation | 10,893 |  |  | 13,883 |
Gross deferred income tax assets | 184,206 |  |  | 190,881 |
Valuation allowance | (54,256) |  |  | (44,451) |
Net deferred income tax assets | 129,950 |  |  | 146,430 |
Deferred income tax liabilities: |  |  |
Property, plant and equipment | 37,686 |  |  | 35,701 |
Intangible assets | 48,244 |  |  | 43,699 |
Inventory allowances | — |  |  | 5,705 |
Lease assets | 41,128 |  |  | 23,715 |
Other deferred tax liabilities | 5,041 |  |  | 5,248 |
Total deferred income tax liabilities | 132,099 |  |  | 114,068 |
Net deferred income tax asset (liability) | $ | (2,149) |  |  | $ | 32,362 |
Schedule of Deferred Income Tax Assets (Liabilities) Presented on the Consolidated Balance Sheets | Deferred income tax assets (liabilities) are presented as follows on the Consolidated Balance Sheets:
Balance Sheet Caption | 2021 |  | 2020
Other assets | $ | 45,700 |  |  | $ | 74,051 |
Deferred income taxes | (47,849) |  |  | (41,689) |
Net deferred income tax asset (liability) | $ | (2,149) |  |  | $ | 32,362 |
Schedule of Activity Related to Unrecognized Tax Benefits | The following summarizes the activity related to our unrecognized tax benefits in 2021 and 2020, in thousands:
| 2021 |  | 2020
Gross unrecognized tax benefits—beginning of year | $ | 1,864 |  |  | $ | 2,300 |
Gross increases—tax positions in prior period | 1,315 |  |  | — |
Gross decreases—tax positions in prior period | (6) |  |  | (1) |
Gross increases—current‑period tax positions | 240 |  |  | 398 |
Settlements with taxing authorities | — |  |  | (183) |
Lapse of statute of limitations | (749) |  |  | (650) |
Gross unrecognized tax benefits—end of year | $ | 2,664 |  |  | $ | 1,864 |

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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32840-109319 + Details
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