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v3.25.2

Segment Information - Segment Reporting Information, by Segment (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | 30 Months Ended
--- | --- | --- | ---
Jun. 28, 2025 USD ($) | Mar. 29, 2025 USD ($) | Jun. 29, 2024 USD ($) | Jun. 28, 2025 USD ($) | Jun. 29, 2024 USD ($) property | Jun. 28, 2025 USD ($)
Segment Reporting Information |  |  |  |  |  |
Net sales | $ 613,413 |  | $ 558,489 | $ 1,167,720 | $ 1,093,874 |
Other segment expenses (b) | 516,615 |  | 487,543 | 992,165 | 964,123 |
Segment operating income | 92,778 |  | 65,506 | 162,928 | 120,458 |
Interest expense | 8,568 |  | 9,975 | 17,443 | 19,586 |
Foreign exchange loss (gain) | 10,448 |  | (315) | 15,291 | (5,357) |
Other income, net | (4,452) |  | (5,298) | (7,967) | (10,619) |
Income before income taxes | 78,214 |  | 61,144 | 138,161 | 116,848 |
Restructuring charges | 2,506 |  | 5,252 | 11,389 | 7,556 |
Dortmund Fab |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Acquisition related costs |  |  |  |  | 100 | $ 3,500
Inventory adjustment |  | $ 500 |  |  |  |
Operating Income (Loss) |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Acquisition related costs | 1,500 |  | 800 | 1,600 | 1,800 |
Operating Segments |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Segment operating income | 96,798 |  | 70,946 | 175,555 | 129,751 |
Other |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Segment operating income | (4,020) |  | (5,440) | (12,627) | (9,293) |
Electronics |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Net sales | 335,666 |  | 305,639 | 642,915 | 596,744 |
Other segment expenses (b) | 285,805 |  | 259,474 | 546,288 | 512,776 |
Restructuring charges | 1,107 |  | 4,588 | 6,422 | 5,244 |
Electronics | Operating Segments |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Segment operating income | 49,861 |  | 46,165 | 96,627 | 83,968 |
Transportation |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Net sales | 179,400 |  | 168,964 | 341,262 | 339,331 |
Other segment expenses (b) | 151,326 |  | 153,730 | 294,271 | 307,891 |
Restructuring charges | 1,375 |  | 646 | 4,530 | 1,878 |
Impairment |  | $ 100 |  |  |  |
Gain on sale of properties |  |  | 700 |  | $ 1,000 |
Number of properties sold (property) | property |  |  |  |  | 2 |
Transportation | Operating Segments |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Segment operating income | 28,074 |  | 15,234 | 46,991 | $ 31,440 |
Industrial |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Net sales | 98,347 |  | 83,886 | 183,543 | 157,799 |
Other segment expenses (b) | 79,484 |  | 74,339 | 151,606 | 143,456 |
Restructuring charges | 24 |  | 18 | 437 | 434 |
Industrial | Operating Segments |  |  |  |  |  |
Segment Reporting Information |  |  |  |  |  |
Segment operating income | $ 18,863 |  | $ 9,547 | $ 31,937 | $ 14,343 |

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