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STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 27, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Employee Service Share-Based Compensation, Allocation of Recognized Period Costs

The classification of stock-based compensation expense was as follows (in thousands):

			Three Months Ended												Six Months Ended
			June 27, 2025						June 28, 2024						June 27, 2025						June 28, 2024
RSUs and PRSUs			$	5,656					$	5,745					$	12,536					$	12,491
Discontinued operations			—						21						—						123
Total stock-based compensation expense			$	5,656					$	5,766					$	12,536					$	12,614
Cost of sales			$	1,083					$	821					$	2,506					$	2,080
Selling, general and administrative			4,360						4,679						9,408						9,780
Research, development and engineering			267						230						647						596
Restructuring and other charges			(54)						15						(25)						35
Discontinued operations			—						21						—						123
Total stock-based compensation expense			$	5,656					$	5,766					$	12,536					$	12,614

Schedule of Share-Based Compensation, Stock Options Activity

The following table summarizes the Company’s stock option activity for the six month period ended June 27, 2025:

			Number of Stock Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life (In Years)						Aggregate Intrinsic Value (In Millions)
Outstanding at December 31, 2024			130,083						$	39.63
Exercised			(106,971)						39.80
Outstanding and exercisable at June 27, 2025			23,112						$	38.84					1.6						$	1.8

Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity

The following table summarizes RSU activity for the six month period ended June 27, 2025:

			Time-Vested Activity						Weighted Average Grant Date Fair Value
Nonvested at December 31, 2024			313,404						$	88.36
Granted			139,512						133.58
Vested			(133,772)						88.23
Forfeited			(12,935)						103.38
Nonvested at June 27, 2025			306,209						$	108.38

The following table summarizes PRSU activity for the six month period ended June 27, 2025:

			Performance- Vested Activity						Weighted Average Grant Date Fair Value
Nonvested at December 31, 2024			237,898						$	88.95
Granted			65,974						149.99
Performance adjustment(a)			76,520						83.36
Vested			(153,040)						83.36
Forfeited			(11,074)						94.99
Nonvested at June 27, 2025			216,278						$	109.24

__________

(a)Represents additional PRSUs earned related to above-target achievement of performance conditions, the achievement of which was based upon predefined performance targets established by the Compensation Committee at the initial grant date.

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

The weighted average fair value and assumptions used to value the PRSU awards granted with market-based performance conditions are as follows:

			Six Months Ended
			June 27, 2025						June 28, 2024
Weighted average fair value			$	162.62					$	117.96
Risk-free interest rate			4.29		%				4.13		%
Expected volatility			33		%				34		%
Expected life (in years)			3.0						3.0
Expected dividend yield			—		%				—		%

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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