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Revenues | 12 Months Ended
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Dec. 29, 2025
Revenue from Contract with Customer [Abstract] |
Revenues | (2) Revenues For contracts in which anticipated total costs exceed the total expected revenue, an estimated loss is recognized in the period when identifiable. A provision for the entire amount of the estimated loss is recorded on a cumulative basis. The estimated remaining costs to complete for loss contracts as of December 29, 2025 and December 30, 2024 were $33,163 and $36,976, respectively. As of December 29, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations for long‑term contracts was $415,062. The Company expects to recognize revenue on approximately 62% of the remaining performance obligations for the Company’s long-term contracts over the next 12 months with the remaining amount expected to be recognized thereafter. The remaining performance obligations for the Company’s short‑term contracts are expected to be recognized within one year, and the Company is applying the optional exemption to not disclose the amount of transaction price allocated to the remaining performance obligations for contracts with an expected duration of one year or less. Contract Balances As of December 29, 2025, total contract assets were $472,255, of which $468,006 are expected to be collected within one year and recorded as contract assets and $4,249 are expected to be collected after one year and included as a component of deposits and other non-current assets on the consolidated balance sheets. As of December 30, 2024, total contract assets were $386,817, of which $381,382 were expected to be collected within one year and recorded as contract assets and $5,435 were expected to be collected after one year and included as a component of deposits and other non-current assets on the consolidated balance sheets. The increase in total contract assets in 2025 is primarily due to recognition of revenues for which invoicing had not yet occurred. In 2025, there were no material impairment losses on contract assets. Contract liabilities were $175,627 and $170,915 as of December 29, 2025 and December 30, 2024, respectively, and represent customer advances for work yet to be performed. The contract liabilities increased by $4,712 due to timing of customer billings and/or payments. Revenue recognized for the year ended December 29, 2025 from amounts recorded as contract liabilities as of December 30, 2024 was $106,638. Disaggregated Revenue Revenue from products and services transferred to customers over time and at a point in time accounted for 96% and 4%, respectively, of the Company’s revenue in 2025, 2024, and 2023. Disaggregated revenue by principal end markets within reportable segments was as follows:
|  | For the Year Ended December 29, 2025 |
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Total |
|  | (In thousands) |
End Markets (1): |  |  |  |  |  |  |  |  |  |  |  |
Aerospace and Defense |  | $ | 1,281,536 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,281,536 |
Automotive |  |  | — |  |  |  | 302,194 |  |  |  | — |  |  |  | 302,194 |
Data Center Computing |  |  | — |  |  |  | 682,374 |  |  |  | 1,019 |  |  |  | 683,393 |
Medical/Industrial/Instrumentation |  |  | — |  |  |  | 405,132 |  |  |  | 4,329 |  |  |  | 409,461 |
Networking |  |  | — |  |  |  | 195,151 |  |  |  | 34,610 |  |  |  | 229,761 |
Total |  | $ | 1,281,536 |  |  | $ | 1,584,851 |  |  | $ | 39,958 |  |  | $ | 2,906,345 |
|  | For the Year Ended December 30, 2024 |
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Total |
|  | (In thousands) |
End Markets (1): |  |  |  |  |  |  |  |  |  |  |  |
Aerospace and Defense |  | $ | 1,130,781 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,130,781 |
Automotive |  |  | — |  |  |  | 315,125 |  |  |  | — |  |  |  | 315,125 |
Data Center Computing |  |  | — |  |  |  | 500,798 |  |  |  | 619 |  |  |  | 501,417 |
Medical/Industrial/Instrumentation |  |  | — |  |  |  | 332,346 |  |  |  | 2,809 |  |  |  | 335,155 |
Networking |  |  | — |  |  |  | 126,565 |  |  |  | 33,710 |  |  |  | 160,275 |
Total |  | $ | 1,130,781 |  |  | $ | 1,274,834 |  |  | $ | 37,138 |  |  | $ | 2,442,753 |
|  | For the Year Ended January 1, 2024 |
|  | A&D |  |  | Commercial |  |  | RF&S Components |  |  | Total |
|  | (In thousands) |
End Markets (1): |  |  |  |  |  |  |  |  |  |  |  |
Aerospace and Defense |  | $ | 1,030,491 |  |  | $ | — |  |  | $ | 18 |  |  | $ | 1,030,509 |
Automotive |  |  | — |  |  |  | 351,477 |  |  |  | — |  |  |  | 351,477 |
Data Center Computing |  |  | — |  |  |  | 313,378 |  |  |  | 51 |  |  |  | 313,429 |
Medical/Industrial/Instrumentation |  |  | — |  |  |  | 357,264 |  |  |  | 3,448 |  |  |  | 360,712 |
Networking |  |  | — |  |  |  | 141,436 |  |  |  | 35,004 |  |  |  | 176,440 |
Total |  | $ | 1,030,491 |  |  | $ | 1,163,555 |  |  | $ | 38,521 |  |  | $ | 2,232,567 |
(1) The end market revenue for the years ended December 30, 2024 and January 1, 2024 has been recast to reflect certain adjustments to allocations resulting from the segment reorganization that occurred during the quarter ended June 30, 2025. The end market revenue excludes intersegment sales totaling $11,893, $10,220, and $16,707 for the years ended December 29, 2025, December 30, 2024, and January 1, 2024, respectively. See Note 4, Segment Information, for further information.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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