CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Thousands |
Total |
Common Stock |
Additional Paid-in Capital |
Retained Earnings |
Accumulated Other Comprehensive Loss |
Noncontrolling Interest |
| Balance, beginning at Dec. 31, 2023 |
$ 3,420,701
|
$ 55
|
$ 2,900,747
|
$ 542,471
|
$ (24,881)
|
$ 2,309
|
| Balance, beginning (in shares) at Dec. 31, 2023 |
|
54,597,142
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(71,841)
|
|
|
(71,998)
|
|
157
|
| Other comprehensive (loss) income, net of tax |
(40,548)
|
|
|
|
(40,497)
|
(51)
|
| Payments of tax withholding for stock-based awards |
|
|
(4,772)
|
|
|
|
| Common stock-based award activity (in shares) |
|
243,439
|
|
|
|
|
| Common stock-based award activity |
7,302
|
|
7,302
|
|
|
|
| Balance, ending at Mar. 29, 2024 |
3,310,842
|
$ 55
|
2,903,277
|
470,473
|
(65,378)
|
2,415
|
| Balance, ending (in shares) at Mar. 29, 2024 |
|
54,840,581
|
|
|
|
|
| Balance, beginning at Dec. 31, 2023 |
3,420,701
|
$ 55
|
2,900,747
|
542,471
|
(24,881)
|
2,309
|
| Balance, beginning (in shares) at Dec. 31, 2023 |
|
54,597,142
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(121,615)
|
|
|
|
|
|
| Other comprehensive (loss) income, net of tax |
(30,038)
|
|
|
|
|
|
| Balance, ending at Sep. 27, 2024 |
3,333,299
|
$ 56
|
2,964,997
|
420,314
|
(54,951)
|
2,883
|
| Balance, ending (in shares) at Sep. 27, 2024 |
|
55,866,099
|
|
|
|
|
| Balance, beginning at Mar. 29, 2024 |
3,310,842
|
$ 55
|
2,903,277
|
470,473
|
(65,378)
|
2,415
|
| Balance, beginning (in shares) at Mar. 29, 2024 |
|
54,840,581
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(18,512)
|
|
|
(18,638)
|
|
126
|
| Other comprehensive (loss) income, net of tax |
(11,369)
|
|
|
|
(11,352)
|
(17)
|
| Common stock-based award activity (in shares) |
|
25,779
|
|
|
|
|
| Common stock-based award activity |
7,977
|
$ 0
|
7,977
|
|
|
|
| Balance, ending at Jun. 28, 2024 |
3,288,938
|
$ 55
|
2,911,254
|
451,835
|
(76,730)
|
2,524
|
| Balance, ending (in shares) at Jun. 28, 2024 |
|
54,866,360
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(31,262)
|
|
|
(31,521)
|
|
259
|
| Other comprehensive (loss) income, net of tax |
21,879
|
|
|
|
21,779
|
100
|
| Common stock issued for acquisition (in shares) |
|
971,343
|
|
|
|
|
| Payments of tax withholding for stock-based awards |
45,575
|
$ 1
|
45,574
|
|
|
|
| Common stock-based award activity (in shares) |
|
28,396
|
|
|
|
|
| Common stock-based award activity |
8,169
|
|
8,169
|
|
|
|
| Balance, ending at Sep. 27, 2024 |
3,333,299
|
$ 56
|
2,964,997
|
420,314
|
(54,951)
|
2,883
|
| Balance, ending (in shares) at Sep. 27, 2024 |
|
55,866,099
|
|
|
|
|
| Balance, beginning at Dec. 31, 2024 |
2,564,329
|
$ 56
|
2,973,121
|
(283,023)
|
(127,892)
|
2,067
|
| Balance, beginning (in shares) at Dec. 31, 2024 |
|
55,876,517
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(55,705)
|
|
|
(55,966)
|
|
261
|
| Other comprehensive (loss) income, net of tax |
63,024
|
|
|
|
62,902
|
122
|
| Common stock issued for acquisition (in shares) |
|
971,343
|
|
|
|
|
| Payments of tax withholding for stock-based awards |
44,410
|
$ 1
|
44,409
|
|
|
|
| Payments of tax withholding for stock-based awards |
(3,447)
|
|
(3,447)
|
|
|
|
| Common stock-based award activity (in shares) |
|
270,781
|
|
|
|
|
| Common stock-based award activity |
7,607
|
|
7,607
|
|
|
|
| Balance, ending at Apr. 04, 2025 |
2,620,218
|
$ 57
|
3,021,690
|
(338,989)
|
(64,990)
|
2,450
|
| Balance, ending (in shares) at Apr. 04, 2025 |
|
57,118,641
|
|
|
|
|
| Balance, beginning at Dec. 31, 2024 |
2,564,329
|
$ 56
|
2,973,121
|
(283,023)
|
(127,892)
|
2,067
|
| Balance, beginning (in shares) at Dec. 31, 2024 |
|
55,876,517
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(663,166)
|
|
|
|
|
|
| Other comprehensive (loss) income, net of tax |
55,447
|
|
|
|
|
|
| Balance, ending at Oct. 03, 2025 |
2,023,678
|
$ 57
|
3,040,188
|
(946,874)
|
(72,691)
|
2,998
|
| Balance, ending (in shares) at Oct. 03, 2025 |
|
57,189,761
|
|
|
|
|
| Balance, beginning at Apr. 04, 2025 |
2,620,218
|
$ 57
|
3,021,690
|
(338,989)
|
(64,990)
|
2,450
|
| Balance, beginning (in shares) at Apr. 04, 2025 |
|
57,118,641
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(36,548)
|
|
|
(36,739)
|
|
191
|
| Other comprehensive (loss) income, net of tax |
(12,113)
|
|
|
|
(12,245)
|
132
|
| Common stock-based award activity (in shares) |
|
40,837
|
|
|
|
|
| Common stock-based award activity |
9,403
|
|
9,403
|
|
|
|
| Balance, ending at Jul. 04, 2025 |
2,580,960
|
$ 57
|
3,031,093
|
(375,728)
|
(77,235)
|
2,773
|
| Balance, ending (in shares) at Jul. 04, 2025 |
|
57,159,478
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
| Net income (loss) |
(570,913)
|
|
|
(571,146)
|
|
233
|
| Other comprehensive (loss) income, net of tax |
4,536
|
|
|
|
4,544
|
(8)
|
| Payments of tax withholding for stock-based awards |
(57)
|
|
(57)
|
|
|
|
| Common stock-based award activity (in shares) |
|
30,283
|
|
|
|
|
| Common stock-based award activity |
9,152
|
|
9,152
|
|
|
|
| Balance, ending at Oct. 03, 2025 |
$ 2,023,678
|
$ 57
|
$ 3,040,188
|
$ (946,874)
|
$ (72,691)
|
$ 2,998
|
| Balance, ending (in shares) at Oct. 03, 2025 |
|
57,189,761
|
|
|
|
|