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v3.25.4

Segment Information (Tables) | 12 Months Ended
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Dec. 29, 2025
Segment Reporting [Abstract] |
Reconciliations of Net Sales and Segment Operating Income | Reconciliations of net sales and segment operating income were as follows:
|  | For the Year Ended December 29, 2025
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Eliminations |  |  | Total
|  | (In thousands, except margin rates)
Net sales |  | $ | 1,281,536 |  |  | $ | 1,584,851 |  |  | $ | 39,958 |  |  | $ | — |  |  | $ | 2,906,345 |  |
Intersegment sales |  |  | 10,987 |  |  |  | 850 |  |  |  | 56 |  |  |  | (11,893 | ) |  |  | — |  |
Segment sales |  | $ | 1,292,523 |  |  | $ | 1,585,701 |  |  | $ | 40,014 |  |  | $ | (11,893 | ) |  | $ | 2,906,345 |  |
|  | Net Sales |  |  | Cost of Goods Sold |  |  | Operating Expenses |  |  | Operating Income |  |  | Operating Margin
A&D |  | $ | 1,292,523 |  |  | $ | (988,792 | ) |  | $ | (119,918 | ) |  | $ | 183,813 |  |  |  | 14.2 |  | %
Commercial |  |  | 1,585,701 |  |  |  | (1,271,779 | ) |  |  | (75,141 | ) |  |  | 238,781 |  |  |  | 15.1 |  |
RF&S Components |  |  | 40,014 |  |  |  | (19,640 | ) |  |  | (9,121 | ) |  |  | 11,253 |  |  |  | 28.1 |  |
Total segment |  |  | 2,918,238 |  |  |  | (2,280,211 | ) |  |  | (204,180 | ) |  |  | 433,847 |  |  |  | 14.9 |  |
Eliminations |  |  | (11,893 | ) |  |  |  |  |  |  |  |  | — |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring |  |  |  |  |  |  |  |  |  |  |  | (2,847 | ) |  |  |  |
Acquisition-related and other charges |  |  |  |  |  |  |  |  |  |  |  | (15 | ) |  |  |  |
Stock-based compensation |  |  |  |  |  |  |  |  |  |  |  | (41,668 | ) |  |  |  |
Other corporate expenses |  |  |  |  |  |  |  |  |  |  |  | (87,736 | ) |  |  |  |
Amortization of definite-lived intangibles |  |  |  |  |  |  |  |  |  |  |  | (36,897 | ) |  |  |  |
Consolidated |  | $ | 2,906,345 |  |  |  |  |  |  |  |  |  | 264,684 |  |  |  | 9.1 |  | %
Interest expense |  |  |  |  |  |  |  |  |  |  |  | (45,334 | ) |  |  |  |
Other, net |  |  |  |  |  |  |  |  |  |  |  | (9,013 | ) |  |  |  |
Income before income taxes |  |  |  |  |  |  |  |  |  |  | $ | 210,337 |  |  |  |  |
|  | For the Year Ended December 30, 2024
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Eliminations |  |  | Total
|  | (In thousands, except margin rates)
Net sales |  | $ | 1,130,781 |  |  | $ | 1,274,834 |  |  | $ | 37,138 |  |  | $ | — |  |  | $ | 2,442,753 |  |
Intersegment sales |  |  | 9,174 |  |  |  | 867 |  |  |  | 179 |  |  |  | (10,220 | ) |  |  | — |  |
Segment sales |  | $ | 1,139,955 |  |  | $ | 1,275,701 |  |  | $ | 37,317 |  |  | $ | (10,220 | ) |  | $ | 2,442,753 |  |
|  | Net Sales |  |  | Cost of Goods Sold |  |  | Operating Expenses |  |  | Operating Income |  |  | Operating Margin
A&D |  | $ | 1,139,955 |  |  | $ | (883,450 | ) |  | $ | (114,705 | ) |  | $ | 141,800 |  |  |  | 12.4 |  | %
Commercial |  |  | 1,275,701 |  |  |  | (1,029,647 | ) |  |  | (66,272 | ) |  |  | 179,782 |  |  |  | 14.1 |  |
RF&S Components |  |  | 37,317 |  |  |  | (19,139 | ) |  |  | (9,512 | ) |  |  | 8,666 |  |  |  | 23.2 |  |
Total segment |  |  | 2,452,973 |  |  |  | (1,932,236 | ) |  |  | (190,489 | ) |  |  | 330,248 |  |  |  | 13.5 |  |
Eliminations |  |  | (10,220 | ) |  |  |  |  |  |  |  |  | — |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring |  |  |  |  |  |  |  |  |  |  |  | (11,200 | ) |  |  |  |
Impairment of goodwill |  |  |  |  |  |  |  |  |  |  |  | (32,600 | ) |  |  |  |
Gain on sale of property, plant, and equipment |  |  |  |  |  |  |  |  |  |  |  | 15,669 |  |  |  |  |
Acquisition-related and other charges |  |  |  |  |  |  |  |  |  |  |  | (14,524 | ) |  |  |  |
Stock-based compensation |  |  |  |  |  |  |  |  |  |  |  | (29,780 | ) |  |  |  |
Other corporate expenses |  |  |  |  |  |  |  |  |  |  |  | (96,878 | ) |  |  |  |
Amortization of definite-lived intangibles |  |  |  |  |  |  |  |  |  |  |  | (44,892 | ) |  |  |  |
Consolidated |  | $ | 2,442,753 |  |  |  |  |  |  |  |  |  | 116,043 |  |  |  | 4.8 |  | %
Interest expense |  |  |  |  |  |  |  |  |  |  |  | (47,515 | ) |  |  |  |
Other, net |  |  |  |  |  |  |  |  |  |  |  | 15,421 |  |  |  |  |
Income before income taxes |  |  |  |  |  |  |  |  |  |  | $ | 83,949 |  |  |  |  |
|  | For the Year Ended January 1, 2024
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Eliminations |  |  | Total
|  | (In thousands, except margin rates)
Net sales |  | $ | 1,030,491 |  |  | $ | 1,163,555 |  |  | $ | 38,521 |  |  | $ | — |  |  | $ | 2,232,567 |  |
Intersegment sales |  |  | 15,492 |  |  |  | 1,117 |  |  |  | 98 |  |  |  | (16,707 | ) |  |  | — |  |
Segment sales |  | $ | 1,045,983 |  |  | $ | 1,164,672 |  |  | $ | 38,619 |  |  | $ | (16,707 | ) |  | $ | 2,232,567 |  |
|  | Net Sales |  |  | Cost of Goods Sold |  |  | Operating Expenses |  |  | Operating Income |  |  | Operating Margin
A&D |  | $ | 1,045,983 |  |  | $ | (847,452 | ) |  | $ | (103,510 | ) |  | $ | 95,021 |  |  |  | 9.1 |  | %
Commercial |  |  | 1,164,672 |  |  |  | (930,144 | ) |  |  | (63,149 | ) |  |  | 171,379 |  |  |  | 14.7 |  |
RF&S Components |  |  | 38,619 |  |  |  | (17,540 | ) |  |  | (10,124 | ) |  |  | 10,955 |  |  |  | 28.4 |  |
Total segment |  |  | 2,249,274 |  |  |  | (1,795,136 | ) |  |  | (176,783 | ) |  |  | 277,355 |  |  |  | 12.3 |  |
Eliminations |  |  | (16,707 | ) |  |  |  |  |  |  |  |  | — |  |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring |  |  |  |  |  |  |  |  |  |  |  | (24,352 | ) |  |  |  |
Impairment of goodwill |  |  |  |  |  |  |  |  |  |  |  | (44,100 | ) |  |  |  |
Gain on sale of property, plant, and equipment |  |  |  |  |  |  |  |  |  |  |  | 195 |  |  |  |  |
Acquisition-related and other charges |  |  |  |  |  |  |  |  |  |  |  | (4,529 | ) |  |  |  |
Stock-based compensation |  |  |  |  |  |  |  |  |  |  |  | (22,887 | ) |  |  |  |
Other corporate expenses |  |  |  |  |  |  |  |  |  |  |  | (77,790 | ) |  |  |  |
Amortization of definite-lived intangibles |  |  |  |  |  |  |  |  |  |  |  | (61,576 | ) |  |  |  |
Consolidated |  | $ | 2,232,567 |  |  |  |  |  |  |  |  |  | 42,316 |  |  |  | 1.9 |  | %
Interest expense |  |  |  |  |  |  |  |  |  |  |  | (48,124 | ) |  |  |  |
Loss on extinguishment of debt |  |  |  |  |  |  |  |  |  |  |  | (1,154 | ) |  |  |  |
Gain on sale of subsidiary |  |  |  |  |  |  |  |  |  |  |  | 1,270 |  |  |  |  |
Other, net |  |  |  |  |  |  |  |  |  |  |  | 5,989 |  |  |  |  |
Income before income taxes |  |  |  |  |  |  |  |  |  |  | $ | 297 |  |  |  |  |
Depreciation Expense by Reportable Segment | Depreciation expense by reportable segment was as follows:
|  | For the Year Ended |
|  | December 29, 2025 |  |  | December 30, 2024 |  |  | January 1, 2024 |
|  | (In thousands) |
A&D |  | $ | 33,770 |  |  | $ | 36,998 |  |  | $ | 42,587 |
Commercial |  |  | 68,904 |  |  |  | 58,234 |  |  |  | 48,370 |
RF&S Components |  |  | 1,765 |  |  |  | 1,693 |  |  |  | 1,833 |
Segment total |  |  | 104,439 |  |  |  | 96,925 |  |  |  | 92,790 |
Corporate |  |  | 5,835 |  |  |  | 8,308 |  |  |  | 6,365 |
Total |  | $ | 110,274 |  |  | $ | 105,233 |  |  | $ | 99,155 |
Net Sales | Net sales are attributed to countries by the invoiced location and were as follows:
|  | For the Year Ended |
|  | December 29, 2025 |  |  | December 30, 2024 |  |  | January 1, 2024 |
|  | (In thousands) |
United States |  | $ | 1,554,258 |  |  | $ | 1,232,288 |  |  | $ | 1,263,065 |
Taiwan |  |  | 256,995 |  |  |  | 274,345 |  |  |  | 177,042 |
Other |  |  | 1,095,092 |  |  |  | 936,120 |  |  |  | 792,460 |
Total net sales |  | $ | 2,906,345 |  |  | $ | 2,442,753 |  |  | $ | 2,232,567 |
Shedule of Long-Lived Assets | Long-lived assets include property, plant, and equipment, goodwill, and definite-lived intangibles and were as follows:
|  | As of |
|  | December 29, 2025 |  |  | December 30, 2024 |
|  | (In thousands) |
United States |  | $ | 876,099 |  |  | $ | 1,171,611 |
China |  |  | 732,843 |  |  |  | 357,159 |
Other |  |  | 226,825 |  |  |  | 203,141 |
Total |  | $ | 1,835,767 |  |  | $ | 1,731,911 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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