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v3.25.1

Other Comprehensive Income | 3 Months Ended
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Mar. 29, 2025
Disclosure Other Comprehensive Income Additional Information [Abstract] |
Other Comprehensive Income | Other Comprehensive Income Changes in accumulated other comprehensive income(1) were as follows (in thousands):
| Currency Translation Adjustment |  | Pension Benefit Costs |  | Unrealized Gain/(Loss) Interest Rate Swap |  |  |  | Total
Balance as of December 28, 2024 | $ | (213,255) |  |  | $ | (78,534) |  |  | $ | 22,399 |  |  |  |  | $ | (269,390) |
Other comprehensive income before reclassification | 46,829 |  |  | (2,464) |  |  | (788) |  |  |  |  | 43,577 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 512 |  |  | (4,661) |  |  |  |  | (4,149) |
Net current-period other comprehensive income | $ | 46,829 |  |  | $ | (1,952) |  |  | $ | (5,449) |  |  |  |  | $ | 39,428 |
Balance as of March 29, 2025 | $ | (166,426) |  |  | $ | (80,486) |  |  | $ | 16,950 |  |  |  |  | $ | (229,962) |
Balance as of December 30, 2023 | $ | (145,490) |  |  | $ | (109,713) |  |  | $ | 32,005 |  |  |  |  | $ | (223,198) |
Other comprehensive income before reclassification | (26,486) |  |  | 619 |  |  | 10,956 |  |  |  |  | (14,911) |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 432 |  |  | (7,566) |  |  |  |  | (7,134) |
Net current-period other comprehensive income | $ | (26,486) |  |  | $ | 1,051 |  |  | $ | 3,390 |  |  |  |  | $ | (22,045) |
Balance as of March 30, 2024 | $ | (171,976) |  |  | $ | (108,662) |  |  | $ | 35,395 |  |  |  |  | $ | (245,243) |
(1) As of March 29, 2025, pension and unrealized loss on interest rate swap amounts, net of tax, were $14.1 million and $6.3 million, respectively. During the three months ended March 29, 2025, the adjustments to pension and unrealized loss on interest rate swap amounts, net of tax, were $0.3 million and $(1.7) million, respectively. As of March 30, 2024, pension and unrealized gain on interest rate swap amounts, net of tax, were $4.2 million and $11.1 million, respectively. During the three months ended March 30, 2024, the adjustments to pension and unrealized gain on interest rate swap amounts, net of tax, were $0.2 million and $0.1 million, respectively. Components of other comprehensive income were as follows (in thousands):
|  |  | Three Months Ended
|  |  |  |  | Mar 29, 2025 |  | Mar 30, 2024
Net earnings |  |  |  |  | $ | 92,352 |  |  | $ | 86,568 |
Currency translation adjustment |  |  |  |  | 46,829 |  |  | (26,486) |
Pension liability adjustment, net of tax |  |  |  |  | (1,952) |  |  | 1,051 |
Unrealized (loss) gain on interest rate swaps, net of tax |  |  |  |  | (5,449) |  |  | 3,390 |
Comprehensive income |  |  |  |  | $ | 131,780 |  |  | $ | 64,523 |

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- Definition Disclosure - Other Comprehensive Income - Additional Information [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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