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ACQUISITIONS (Tables)
 9 Months Ended
Sep. 28, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Asset Acquisition, Contingent Consideration
Changes in the contingent consideration liability for the third quarter and nine months ended September 28, 2025 and September 29, 2024 are as follows:
Third Quarter Ended
Nine Months Ended
($ in thousands)September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Fair value at beginning of period$3,776 $1,800 $3,608 $8,510 
Additions500 3,001 2,300 3,131 
Fair value adjustments(1,098)— (2,698)(1,900)
Settlements(16)(36)(48)(4,976)
Fair value at end of period$3,162 $4,765 $3,162 $4,765 
The following table shows the balance sheet location of the fair value of contingent consideration and the maximum amount of contingent consideration payments the Company may be subject to:
($ in thousands)September 28, 2025December 31, 2024
Accrued liabilities$800 $1,665 
Other long-term liabilities2,362 1,943 
Total fair value of contingent consideration$3,162 $3,608 
Maximum amount of contingent consideration$7,360 $8,618 
Schedule of Business Combination
The Company completed seven acquisitions in the year ended December 31, 2024, including the following previously announced acquisitions (collectively, the “2024 Acquisitions”):
CompanySegmentDescription
Sportech, LLC ("Sportech")ManufacturingLeading designer and manufacturer of high-value, complex component solutions sold to powersports original equipment manufacturers ("OEMs"), adjacent market OEMs and the aftermarket, including integrated door systems, roofs, canopies, bumpers, windshields, fender flares and cowls, based in Elk River, Minnesota, acquired in January 2024.
ICON Direct LLC, doing business as RecPro ("RecPro") DistributionLeading e-commerce business and aftermarket platform specializing in creating and marketing component products, systems, and solutions for the RV and marine end markets, based in Bristol, Indiana, acquired in September 2024.
Schedule of Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of the assets acquired and the liabilities assumed as of the date of each of the 2025 Acquisitions and 2024 Acquisitions:
2025
Acquisitions		2024
Acquisitions
($ in thousands)TotalSportechAll OthersTotal
Consideration:
Cash, net of cash acquired$66,012 $319,073 $96,998 $416,071 
Working capital holdback and other, net481 — — — 
Contingent consideration (1)
1,202 — 2,030 2,030 
Total consideration$67,695 $319,073 $99,028 $418,101 
Assets Acquired:
Trade receivables$3,896 $21,587 $2,256 $23,843 
Inventories10,317 20,611 19,011 39,622 
Prepaid expenses & other349 1,719 3,495 5,214 
Property, plant & equipment24,967 18,766 6,997 25,763 
Operating lease right-of-use assets— 15,096 1,283 16,379 
Identifiable intangible assets:
Customer relationships12,390 152,000 17,560 169,560 
Non-compete agreements1,100 2,000 2,375 4,375 
Patents and developed technology4,330 17,500 600 18,100 
Trademarks2,250 20,500 8,000 28,500 
Liabilities Assumed:
Current portion of operating lease obligations— (1,437)(586)(2,023)
Accounts payable & accrued liabilities(8,600)(32,398)(4,312)(36,710)
Operating lease obligations— (13,658)(699)(14,357)
Deferred tax liabilities— (21,288)— (21,288)
Total fair value of net assets acquired50,999 200,998 55,980 256,978 
Goodwill (2)
16,696 118,075 43,048 161,123 
Total purchase price allocation$67,695 $319,073 $99,028 $418,101 
(1)These amounts reflect the acquisition date fair value of contingent consideration based on expected future results relating to certain acquisitions.
(2)Goodwill is tax-deductible for the 2025 Acquisitions and 2024 Acquisitions, except for Sportech which is only partially tax-deductible.
Schedule of Pro Forma Information In addition, the pro forma information includes incremental amortization expense, in the aggregate, related to intangible assets acquired in connection with the transactions of $0.1 million and $0.6 million for the third quarter and nine months ended September 28, 2025, respectively, and $0.6 million and $3.2 million for the third quarter and nine months ended September 29, 2024, respectively.
 
Third Quarter Ended
Nine Months Ended
($ in thousands, except per share data)September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Revenue$978,191 $944,823 $3,041,645 $2,984,213 
Net income$35,941 $41,031 $107,714 $125,789 
Basic earnings per common share$1.11 $1.26 $3.31 $3.86 
Diluted earnings per common share$1.02 $1.21 $3.13 $3.76