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STOCK-BASED COMPENSATION (Tables)

3 Months Ended

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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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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