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BUSINESS COMBINATIONS (Tables) | 6 Months Ended
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Jul. 03, 2026
Business Combination [Abstract] |
Schedule of consideration for the acquisition | ​
​ | ​ | ​ | ​
​ | ​ ​ ​ | Burton
​ | ​ | (in thousands)
Cash consideration | ​ | $ | 52,000
Other working capital adjustments and holdbacks | ​ | ​ | 1,228
Issuance of common stock | ​ | ​ | 9,572
Contingent consideration | ​ | ​ | 9,394
Total consideration | ​ | $ | 72,194
Schedule of acquired assets recorded at their estimated fair value as of the acquisition date | ​
​ | ​ | ​ | ​
​ | ​ ​ ​ | Burton
​ | ​ | (in thousands)
Current assets | ​ | $ | 19,418
Non-current assets (1) | ​ | ​ | 24
Current liabilities | ​ | ​ | (19,170)
Non-current liabilities | ​ | ​ | (447)
Backlog | ​ | ​ | 3,618
Customer relationships | ​ | ​ | 28,948
Tradename | ​ | ​ | 3,619
Non-compete | ​ | ​ | 3,618
Goodwill | ​ | ​ | 32,566
Net assets acquired | ​ | $ | 72,194
​
| (1) | Excluded from non-current assets are backlog, customer relationships, tradename, non-compete and goodwill.
Schedule of unaudited pro forma financial information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | July 3, | ​ | July 4, | ​ | July 3, | ​ | July 4,
​ | ​ ​ ​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​ | 2026 | ​ ​ ​ | 2025
​ | ​ | (in thousands, except per share data)
​ | ​ | (Unaudited)
Pro forma revenue | ​ | $ | 240,611 | ​ | $ | 199,241 | ​ | $ | 424,475 | ​ | $ | 377,395
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Pro forma income (loss) from operations | ​ | $ | 20,497 | ​ | $ | 13,704 | ​ | $ | 30,077 | ​ | $ | 22,628
Pro forma net income (loss) (1) | ​ | $ | 25,318 | ​ | $ | 18,299 | ​ | $ | 36,683 | ​ | $ | 13,235
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings (Loss) per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 1.68 | ​ | $ | 1.27 | ​ | $ | 2.46 | ​ | $ | 0.93
Diluted | ​ | $ | 1.64 | ​ | $ | 1.23 | ​ | $ | 2.38 | ​ | $ | 0.90
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | ​ | 15,043 | ​ | ​ | 14,444 | ​ | ​ | 14,891 | ​ | ​ | 14,298
Diluted | ​ | ​ | 15,423 | ​ | ​ | 14,917 | ​ | ​ | 15,404 | ​ | ​ | 14,778
​
| (1) | Adjustments to pro forma net income included income from operations, amortization and interest expense.

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