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STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Apr. 03, 2026
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 |  |
| April 3, 2026 |  | March 28, 2025 |  |  |  |
Cost of sales | $ | 1,408 |  |  | $ | 1,423 |  |  |  |  |
Selling, general and administrative | 4,704 |  |  | 5,048 |  |  |  |  |
Research, development and engineering | 335 |  |  | 380 |  |  |  |  |
Restructuring and other charges | 215 |  |  | 29 |  |  |  |  |
Total stock-based compensation expense | $ | 6,662 |  |  | $ | 6,880 |  |  |  |  |
Schedule of Share-Based Compensation, Stock Options Activity | The following table summarizes the Company’s stock option activity for the three month period ended April 3, 2026:
| Number of Stock Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life (In Years) |  | Aggregate Intrinsic Value (In Millions)
Outstanding at December 31, 2025 | 20,229 |  |  | $ | 37.48 |  |  |  |  |
Exercised | (2,883) |  |  | 48.43 |  |  |  |  |
Outstanding and exercisable at April 3, 2026 | 17,346 |  |  | $ | 35.66 |  |  | 1.1 |  | $ | 0.9 |
Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity | The following table summarizes RSU activity for the three month period ended April 3, 2026:
| Time-Vested Activity |  | Weighted Average Grant Date Fair Value
Nonvested at December 31, 2025 | 296,384 |  |  | $ | 107.27 |
Granted | 154,824 |  |  | 85.78 |
Vested | (164,059) |  |  | 98.53 |
Forfeited | (7,288) |  |  | 106.45 |
Nonvested at April 3, 2026 | 279,861 |  |  | $ | 100.52 |
The following table summarizes PRSU activity for the three month period ended April 3, 2026:
| Performance- Vested Activity |  | Weighted Average Grant Date Fair Value
Nonvested at December 31, 2025 | 215,385 |  |  | $ | 109.23 |
Granted | 94,524 |  |  | 91.17 |
Performance adjustment(a) | 66,924 |  |  | 74.34 |
Vested | (146,201) |  |  | 74.34 |
Forfeited | (24,790) |  |  | 185.47 |
Nonvested at April 3, 2026 | 205,842 |  |  | $ | 105.19 |
__________ (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:
| Three Months Ended
| April 3, 2026 |  | March 28, 2025
Weighted average fair value | $ | 97.28 |  |  | $ | 162.62 |
Risk-free interest rate | 3.64 | % |  | 4.29 | %
Expected volatility | 37 | % |  | 33 | %
Expected life (in years) | 3.0 |  | 3.0
Expected dividend yield | — | % |  | — | %

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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