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Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 28, 2025
Stockholders' Equity Note [Abstract] |
Schedule of Shareholders' Equity | The following tables depict the activity in the accounts which make up shareholders’ equity for the three and nine months ended September 28, 2025 and September 29, 2024:
| SHARES |  | COMMON STOCK |  | ADDITIONAL PAID-IN CAPITAL |  | RETAINED EARNINGS |  | FOREIGN CURRENCY TRANSLATION ADJUSTMENT |  | PENSION LIABILITY |  | TOTAL
| (in thousands, except per share data)
Balance, at December 29, 2024 | 58,304 |  |  | $ | 5,830 |  |  | $ | 261,028 |  |  | $ | 405,441 |  |  | $ | (143,317) |  |  | $ | (39,834) |  |  | $ | 489,148 |
Net income | — |  |  | — |  |  | — |  |  | 13,002 |  |  | — |  |  | — |  |  | 13,002 |
Issuances of stock related to restricted share units and performance shares | 658 |  |  | 66 |  |  | (66) |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (641) |  |  | — |  |  | — |  |  | (641) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | (352) |  |  | (35) |  |  | (3,546) |  |  | — |  |  | — |  |  | — |  |  | (3,581) |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 15,834 |  |  | — |  |  | 15,834 |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (695) |  |  | (695) |
Balance, at March 30, 2025 | 58,610 |  |  | $ | 5,861 |  |  | $ | 257,416 |  |  | $ | 417,802 |  |  | $ | (127,483) |  |  | $ | (40,529) |  |  | $ | 513,067 |
Net income | — |  |  | — |  |  | — |  |  | 32,561 |  |  | — |  |  | — |  |  | 32,561 |
Issuances of stock related to restricted share units and performance shares | 1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (586) |  |  | — |  |  | — |  |  | (586) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | — |  |  | — |  |  | 2,765 |  |  | — |  |  | — |  |  | — |  |  | 2,765 |
Share repurchases | (218) |  |  | (22) |  |  | (4,423) |  |  | — |  |  | — |  |  | — |  |  | (4,445) |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 33,445 |  |  | — |  |  | 33,445 |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,782) |  |  | (1,782) |
Balance, at June 29, 2025 | 58,393 |  |  | $ | 5,839 |  |  | $ | 255,758 |  |  | $ | 449,777 |  |  | $ | (94,038) |  |  | $ | (42,311) |  |  | $ | 575,025 |
Net income | — |  |  | — |  |  | — |  |  | 46,146 |  |  | — |  |  | — |  |  | 46,146 |
Issuances of stock related to restricted share units and performance shares | 54 |  |  | 5 |  |  | (5) |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.02 per common share | — |  |  | — |  |  | — |  |  | (1,170) |  |  | — |  |  | — |  |  | (1,170) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | (24) |  |  | (2) |  |  | 2,991 |  |  | — |  |  | — |  |  | — |  |  | 2,989 |
Share repurchases | (32) |  |  | (3) |  |  | (695) |  |  | — |  |  | — |  |  | — |  |  | (698) |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (2,356) |  |  | — |  |  | (2,356) |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,015 |  |  | 1,015 |
Balance, at September 28, 2025 | 58,391 |  |  | $ | 5,839 |  |  | $ | 258,049 |  |  | $ | 494,753 |  |  | $ | (96,394) |  |  | $ | (41,296) |  |  | $ | 620,951 |
| SHARES |  | COMMON STOCK |  | ADDITIONAL PAID-IN CAPITAL |  | RETAINED EARNINGS |  | FOREIGN CURRENCY TRANSLATION ADJUSTMENT |  | PENSION LIABILITY |  | TOTAL
| (in thousands, except per share data)
Balance, at December 31, 2023 | 58,112 |  |  | $ | 5,811 |  |  | $ | 252,909 |  |  | $ | 320,833 |  |  | $ | (119,590) |  |  | $ | (34,016) |  |  | $ | 425,947 |
Net income | — |  |  | — |  |  | — |  |  | 14,179 |  |  | — |  |  | — |  |  | 14,179 |
Issuances of stock related to restricted share units and performance shares | 472 |  |  | 47 |  |  | (47) |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (589) |  |  | — |  |  | — |  |  | (589) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | (311) |  |  | (31) |  |  | (324) |  |  | — |  |  | — |  |  | — |  |  | (355) |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (11,092) |  |  | — |  |  | (11,092) |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 458 |  |  | 458 |
Balance, at March 31, 2024 | 58,273 |  |  | $ | 5,827 |  |  | $ | 252,538 |  |  | $ | 334,423 |  |  | $ | (130,682) |  |  | $ | (33,558) |  |  | $ | 428,548 |
Net income | — |  |  | — |  |  | — |  |  | 22,558 |  |  | — |  |  | — |  |  | 22,558 |
Issuances of stock related to restricted share units and performance shares | 4 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Restricted stock issuances | 58 |  |  | 6 |  |  | 941 |  |  | — |  |  | — |  |  | — |  |  | 947 |
Unrecognized compensation expense related to restricted stock awards | — |  |  | — |  |  | (946) |  |  | — |  |  | — |  |  | — |  |  | (946) |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (584) |  |  | — |  |  | — |  |  | (584) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | (32) |  |  | (3) |  |  | 2,133 |  |  | — |  |  | — |  |  | — |  |  | 2,130 |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | (2,022) |  |  | — |  |  | (2,022) |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 534 |  |  | 534 |
Balance, at June 30, 2024 | 58,303 |  |  | $ | 5,830 |  |  | $ | 254,666 |  |  | $ | 356,397 |  |  | $ | (132,704) |  |  | $ | (33,024) |  |  | $ | 451,165 |
Net income | — |  |  | — |  |  | — |  |  | 28,443 |  |  | — |  |  | — |  |  | 28,443 |
Issuances of stock related to restricted share units | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Cash dividends declared, $0.01 per common share | — |  |  | — |  |  | — |  |  | (582) |  |  | — |  |  | — |  |  | (582) |
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings | (2) |  |  | — |  |  | 2,616 |  |  | — |  |  | — |  |  | — |  |  | 2,616 |
Foreign currency translation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | 21,131 |  |  | — |  |  | 21,131 |
Pension liability adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,210) |  |  | (1,210) |
Balance, at September 29, 2024 | 58,304 |  |  | $ | 5,830 |  |  | $ | 257,282 |  |  | $ | 384,258 |  |  | $ | (111,573) |  |  | $ | (34,234) |  |  | $ | 501,563 |
Schedule of Restricted Share Units Outstanding and Activity | The following table summarizes restricted share units outstanding as of September 28, 2025, as well as activity during the nine months then ended:
| Restricted Share Units |  | Weighted Average Grant Date Fair Value
Outstanding at December 29, 2024 | 823,300 |  |  | $ | 11.76 |
Granted | 320,900 |  |  | 21.67 |
Vested | (338,000) |  |  | 11.88 |
Forfeited or canceled | (25,200) |  |  | 16.97 |
Outstanding at September 28, 2025 | 781,000 |  |  | $ | 15.61 |
Schedule of Performance Shares Outstanding and Activity | The following table summarizes the performance shares outstanding as of September 28, 2025, as well as the activity during the nine months then ended:
| Performance Shares |  | Weighted Average Grant Date Fair Value
Outstanding at December 29, 2024 | 1,171,700 |  |  | $ | 12.23 |
Granted | 303,200 |  |  | 19.94 |
Vested | (375,500) |  |  | 12.99 |
Forfeited or canceled | (19,300) |  |  | 17.87 |
Outstanding at September 28, 2025 | 1,080,100 |  |  | $ | 14.03 |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
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