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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables) | 6 Months Ended
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Jun. 27, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The following tables provide information regarding assets and liabilities recorded at fair value on a recurring basis (in thousands):
| Fair Value |  | Quoted Prices in Active Markets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
June 27, 2025 |  |  |  |  |  |  |
Assets: Foreign currency hedging contracts | $ | 6,488 |  |  | $ | — |  |  | $ | 6,488 |  |  | $ | — |
Liabilities: Contingent consideration | 3,136 |  |  | — |  |  | — |  |  | 3,136 |
December 31, 2024 |  |  |  |  |  |  |
Liabilities: Foreign currency hedging contracts | $ | 6,482 |  |  | $ | — |  |  | $ | 6,482 |  |  | $ | — |
Liabilities: Contingent consideration | 904 |  |  | — |  |  | — |  |  | 904 |
Information regarding outstanding foreign currency forward contracts as of June 27, 2025 is as follows (dollars in thousands):
Notional Amount |  | Maturity Date |  | $/Foreign Currency |  | Fair Value |  | Balance Sheet Location
$ | 31,756 |  |  | Apr 2026 |  | 1.0874 |  | Euro |  | $ | 2,654 |  |  | Prepaid expenses and other current assets
7,266 |  |  | Apr 2026 |  | 0.0232 |  | UYU Peso |  | 509 |  |  | Prepaid expenses and other current assets
3,094 |  |  | Apr 2026 |  | 0.2275 |  | MYR Ringgit |  | 137 |  |  | Prepaid expenses and other current assets
48,004 |  |  | May 2026 |  | 0.0494 |  | MXN Peso |  | 2,851 |  |  | Prepaid expenses and other current assets
6,687 |  |  | Oct 2026 |  | 0.0481 |  | MXN Peso |  | 337 |  |  | Other long-term assets
Information regarding outstanding foreign currency forward contracts as of December 31, 2024 is as follows (dollars in thousands):
Notional Amount |  | Maturity Date |  | $/Foreign Currency |  | Fair Value |  | Balance Sheet Location
$ | 60,589 |  |  | Dec 2025 |  | 1.0831 |  | Euro |  | $ | 1,950 |  |  | Accrued expenses and other current liabilities
10,690 |  |  | Dec 2025 |  | 0.0248 |  | UYU Peso |  | 248 |  |  | Accrued expenses and other current liabilities
51,341 |  |  | Dec 2025 |  | 0.0566 |  | MXN Peso |  | 3,893 |  |  | Accrued expenses and other current liabilities
10,322 |  |  | Jul 2026 |  | 0.0566 |  | MXN Peso |  | 391 |  |  | Other long-term liabilities
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following tables present the effect of cash flow hedge derivative instruments on the Company’s Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 27, 2025 and June 28, 2024 (in thousands):
|  | Three Months Ended
|  | June 27, 2025 |  | June 28, 2024
|  | Total |  | Amount of Gain (Loss) on Cash Flow Hedge Activity |  | Total |  | Amount of Gain (Loss) on Cash Flow Hedge Activity
Sales |  | $ | 476,494 |  |  | $ | 725 |  |  | $ | 427,886 |  |  | $ | (76) |
Cost of sales |  | 347,342 |  |  | 277 |  |  | 310,509 |  |  | 449 |
Operating expenses |  | 69,814 |  |  | (1) |  |  | 62,883 |  |  | 66 |
|  | Six Months Ended
|  | June 27, 2025 |  | June 28, 2024
|  | Total |  | Amount of Gain (Loss) on Cash Flow Hedge Activity |  | Total |  | Amount of Gain (Loss) on Cash Flow Hedge Activity
Sales |  | $ | 913,886 |  |  | $ | 142 |  |  | $ | 835,682 |  |  | $ | (66) |
Cost of sales |  | 664,416 |  |  | (416) |  |  | 610,032 |  |  | 806 |
Operating expenses |  | 140,580 |  |  | (18) |  |  | 132,455 |  |  | 130 |
(14.) FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Continued)
|  | Unrealized Gain (Loss) Recognized in OCI |  | Realized Gain (Loss) Reclassified from AOCI
|  | Three Months Ended |  | Location in Statements of Operations and Comprehensive Income |  | Three Months Ended
|  | June 27, 2025 |  | June 28, 2024 |  |  | June 27, 2025 |  | June 28, 2024
Foreign exchange contracts |  | $ | 2,938 |  |  | $ | (295) |  |  | Sales |  | $ | 725 |  |  | $ | (76) |
Foreign exchange contracts |  | 5,214 |  |  | (3,209) |  |  | Cost of sales |  | 277 |  |  | 449 |
Foreign exchange contracts |  | 126 |  |  | (293) |  |  | Operating expenses |  | (1) |  |  | 66 |
|  | Six Months Ended |  | Location in Statements of Operations and Comprehensive Income |  | Six Months Ended
|  | June 27, 2025 |  | June 28, 2024 |  |  | June 27, 2025 |  | June 28, 2024
Foreign exchange contracts |  | $ | 4,746 |  |  | $ | (1,554) |  |  | Sales |  | $ | 142 |  |  | $ | (66) |
Foreign exchange contracts |  | 7,633 |  |  | (493) |  |  | Cost of sales |  | (416) |  |  | 806 |
Foreign exchange contracts |  | 299 |  |  | 56 |  |  | Operating expenses |  | (18) |  |  | 130 |
Schedule of Estimated Fair Values for Contingent Consideration | The following table presents the changes in the estimated fair values of the Company’s liabilities for contingent consideration measured using significant unobservable inputs (Level 3) for the three and six months ended June 27, 2025 and June 28, 2024 (in thousands):
| Three Months Ended |  | Six Months Ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
Fair value measurement at beginning of period | $ | 3,445 |  |  | $ | 4,454 |  |  | $ | 904 |  |  | $ | 876 |
Amount recorded for current year acquisitions | — |  |  | — |  |  | 2,541 |  |  | 3,578 |
Fair value measurement adjustment | (309) |  |  | — |  |  | (309) |  |  | — |
Fair value measurement at end of period | $ | 3,136 |  |  | $ | 4,454 |  |  | $ | 3,136 |  |  | $ | 4,454 |
Schedule of Equity Method Investments | Equity investments comprise the following (in thousands):
|  |  |  |  | June 27, 2025 |  | December 31, 2024
Equity method investment |  |  |  |  | $ | 7,332 |  |  | $ | 7,237 |
Non-marketable equity securities |  |  |  |  | 180 |  |  | 180 |
Total equity investments |  |  |  |  | $ | 7,512 |  |  | $ | 7,417 |
The components of (Gain) loss on equity investments for each period were as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
Equity method investment (gain) loss | $ | 8 |  |  | $ | 7 |  |  | $ | (173) |  |  | $ | (1,129) |

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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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