INTERFACE INC, 10-Q filed on 5/12/2026
Quarterly Report
v3.26.1
Cover Page - shares
 3 Months Ended
Apr. 05, 2026
May 07, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Apr. 05, 2026  
Document Transition Report false  
Entity File Number 001-33994  
Entity Registrant Name INTERFACE INC  
Entity Incorporation, State or Country Code GA  
Entity Tax Identification Number 58-1451243  
Entity Address, Address Line One 1280 West Peachtree Street  
Entity Address, City or Town Atlanta  
Entity Address, State or Province GA  
Entity Address, Postal Zip Code 30309  
City Area Code 770  
Local Phone Number 437-6800  
Title of 12(b) Security Common Stock, $0.10 Par Value Per Share  
Trading Symbol TILE  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   58,056,192
Entity Central Index Key 0000715787  
Amendment Flag false  
Current Fiscal Year End Date --01-03  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2026  
v3.26.1
Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Current assets    
Cash and cash equivalents $ 61,231 $ 71,323
Accounts receivable, net 163,303 174,457
Inventories, net 294,193 275,014
Prepaid expenses and other current assets 43,532 34,048
Total current assets 562,259 554,842
Property, plant and equipment, net 311,225 309,449
Operating lease right-of-use assets 73,395 78,191
Deferred tax assets 24,923 25,272
Goodwill and intangible assets, net 159,672 163,012
Other assets 74,314 75,756
Total assets 1,205,788 1,206,522
Current liabilities    
Accounts payable 88,123 64,768
Accrued expenses 119,678 147,770
Current portion of operating lease liabilities 14,698 15,748
Current portion of long-term debt 8,789 8,778
Total current liabilities 231,288 237,064
Long-term debt 187,698 172,801
Operating lease liabilities 63,238 67,205
Deferred income taxes 23,199 23,365
Other long-term liabilities 65,780 65,413
Total liabilities 571,203 565,848
Commitments and contingencies (Note 14)
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at April 5, 2026 and December 28, 2025 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,055 and 57,891 shares issued and outstanding at April 5, 2026 and December 28, 2025, respectively 5,805 5,789
Additional paid-in capital 228,032 248,910
Retained earnings 539,709 517,980
Accumulated other comprehensive loss – foreign currency translation (101,035) (92,691)
Accumulated other comprehensive loss – pension liability (37,926) (39,314)
Total shareholders’ equity 634,585 640,674
Total liabilities and shareholders’ equity $ 1,205,788 $ 1,206,522
v3.26.1
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Income Statement [Abstract]    
Net sales $ 331,037 $ 297,413
Cost of sales 204,314 186,450
Gross profit 126,723 110,963
Selling, general and administrative expenses 94,393 87,736
Operating income 32,330 23,227
Interest expense 2,665 4,415
Other expense, net 774 1,703
Income before income tax expense 28,891 17,109
Income tax expense 5,280 4,107
Net income $ 23,611 $ 13,002
Earnings (loss) per share – basic (in dollars per share) $ 0.41 $ 0.22
Earnings (loss) per share – diluted (in dollars per share) $ 0.40 $ 0.22
Common shares outstanding – basic (in shares) 58,098 58,434
Common shares outstanding – diluted (in shares) 59,010 59,173
v3.26.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Statement of Comprehensive Income [Abstract]    
Net income $ 23,611 $ 13,002
Other comprehensive (loss) income, after tax:    
Foreign currency translation adjustment (8,344) 15,834
Pension liability adjustment 1,388 (695)
Other comprehensive (loss) income (6,956) 15,139
Comprehensive income $ 16,655 $ 28,141
v3.26.1
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
OPERATING ACTIVITIES:    
Net income $ 23,611 $ 13,002
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 9,876 9,401
Share-based compensation expense 5,033 4,145
Deferred income taxes 677 (837)
Other 461 3,070
Amortization of acquired intangible assets 0 1,255
Working capital changes:    
Accounts receivable 10,465 10,675
Inventories (21,185) (16,339)
Prepaid expenses and other current assets (9,737) (3,438)
Accounts payable and accrued expenses (5,663) (9,195)
Cash provided by operating activities 13,538 11,739
INVESTING ACTIVITIES:    
Capital expenditures (10,327) (7,467)
Cash used in investing activities (10,327) (7,467)
FINANCING ACTIVITIES:    
Borrowings of long-term debt 41,752 0
Repayments of long-term debt (27,076) (122)
Repurchases of common stock (12,000) 0
Tax withholding payments for share-based compensation (13,937) (7,730)
Dividends paid (138) (54)
Finance lease payments (983) (762)
Cash used in financing activities (12,382) (8,668)
Net cash used in operating, investing and financing activities (9,171) (4,396)
Effect of exchange rate changes on cash (921) 2,927
CASH AND CASH EQUIVALENTS:    
Net decrease (10,092) (1,469)
Balance, beginning of period 71,323 99,226
Balance, end of period $ 61,231 $ 97,757
v3.26.1
Consolidated Condensed Balance Sheets (Parenthetical) - $ / shares
Apr. 05, 2026
Dec. 28, 2025
Statement of Financial Position [Abstract]    
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00
Preferred stock, shares authorized (in shares) 5,000,000 5,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0.10 $ 0.10
Common stock, shares authorized (in shares) 120,000,000 120,000,000
Common stock, shares issued (in shares) 58,055,000 57,891,000
Common stock, shares outstanding (in shares) 58,055,000 57,891,000
v3.26.1
Summary of Significant Accounting Policies
 3 Months Ended
Apr. 05, 2026
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation
References in this Quarterly Report on Form 10-Q to “Interface,” “the Company,” “we,” “our,” “ours” and “us” refer to Interface, Inc. and its subsidiaries or any of them, unless the context requires otherwise.
As contemplated by the Securities and Exchange Commission (the “Commission”) instructions to Form 10-Q, the following footnotes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to the Company’s year-end financial statements and notes thereto contained in its Annual Report on Form 10-K for the fiscal year ended December 28, 2025, as filed with the Commission.
The financial information included in this report has been prepared by the Company. In the opinion of management, the financial information included in this report contains all adjustments necessary for a fair presentation of the results for the interim periods. All such adjustments are of a normal recurring nature unless otherwise disclosed. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The December 28, 2025, consolidated condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (“GAAP”).
The three-month period ended April 5, 2026 includes 14 weeks, and the three-month period ended March 30, 2025 includes 13 weeks.
Risks and Uncertainties
Ongoing global economic challenges including but not limited to inflation, government-imposed tariffs, supply chain disruptions, disruptions in global energy markets, the Russia-Ukraine war and conflicts in the Middle East, and slow market conditions in certain parts of the globe could cause economic uncertainty and volatility. The Company considered these impacts and subsequent general uncertainties and volatility in the global economy on the assumptions and estimates used herein. These uncertainties could result in a future material adverse effect to the amounts reported within the Company’s consolidated condensed financial statements if actual results differ from these estimates.
Recently Issued Accounting Pronouncements – Not Yet Adopted
In September 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2025-06 - “Intangibles - Goodwill and Other Internal Use Software (Topic 350-40)”. This ASU amends the accounting for internal-use software costs by removing reference to prescriptive and sequential software development stages used to evaluate capitalizable costs. The ASU requires entities to consider whether significant uncertainties associated with development activities have been resolved prior to capitalization of software costs and aligns disclosure requirements with Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment”. The new guidance in ASU 2025-06 is effective for annual periods beginning after December 15, 2027, and interim periods within those annual reporting periods, and may be applied prospectively, retrospectively, or using a modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the impact of this ASU to its consolidated financial statements.
In November 2024, the FASB issued ASU 2024-03, “Income Statement Reporting - Comprehensive Income - Expense Disaggregation (Topic 220-40)”. This ASU requires public entities to provide additional footnote disclosures to disaggregate the cost and expense line items presented in the income statement into specific categories including (a) purchases of inventory; (b) employee compensation; (c) depreciation; and (d) intangible asset amortization. The ASU also requires qualitative disclosure of other relevant expense categories not separately disclosed, the total amount of selling expenses, and the definition of selling expenses in annual reporting periods. The new guidance in ASU 2024-03 is effective for annual periods beginning after December 15, 2026 and interim periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of this ASU to its consolidated financial statements.
Risks and Uncertainties
Risks and Uncertainties
Ongoing global economic challenges including but not limited to inflation, government-imposed tariffs, supply chain disruptions, disruptions in global energy markets, the Russia-Ukraine war and conflicts in the Middle East, and slow market conditions in certain parts of the globe could cause economic uncertainty and volatility. The Company considered these impacts and subsequent general uncertainties and volatility in the global economy on the assumptions and estimates used herein. These uncertainties could result in a future material adverse effect to the amounts reported within the Company’s consolidated condensed financial statements if actual results differ from these estimates.
v3.26.1
Revenue Recognition
 3 Months Ended
Apr. 05, 2026
Revenues [Abstract]  
Revenue Recognition REVENUE RECOGNITION
The Company generates revenue from sales of modular carpet, resilient flooring, rubber flooring, and other flooring-related material, and from the installation of carpet and other flooring-related material. A summary of these revenue streams, as a percentage of net sales, for the three months ended April 5, 2026 and March 30, 2025 is as follows:
Three Months Ended
April 5, 2026March 30, 2025
Revenue from the sale of flooring material98%98%
Revenue from installation of flooring material2%2%
Disaggregation of Revenue
For the three months ended April 5, 2026 and March 30, 2025, revenue from the Company’s customers is broken down by geography as follows:
Three Months Ended
GeographyApril 5, 2026March 30, 2025
Americas59%60%
Europe31%30%
Asia-Pacific10%10%
Revenue from the Company’s customers in the Americas corresponds to the AMS reportable segment, and the EAAA reportable segment includes revenue from the Europe and Asia-Pacific geographies. See Note 10 entitled “Segment Information” for additional information.
For the three months ended April 5, 2026 and March 30, 2025, revenue by material market segment as a percentage of consolidated totals is as follows:
Three Months Ended
Market SegmentApril 5, 2026March 30, 2025
Corporate Office
47%45%
Education
17%18%
Healthcare
10%10%
Other
26%27%
v3.26.1
Inventories
 3 Months Ended
Apr. 05, 2026
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories are summarized as follows:
April 5, 2026December 28, 2025
(in thousands)
Finished goods$218,259 $205,115 
Work-in-process20,869 17,418 
Raw materials55,065 52,481 
Inventories, net$294,193 $275,014 
v3.26.1
Earnings Per Share
 3 Months Ended
Apr. 05, 2026
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
The Company computes basic earnings per share (“EPS”) by dividing net income by the weighted average common shares outstanding, including participating securities outstanding, during the period as discussed below. Diluted EPS reflects the potential dilution beyond shares for basic EPS that could occur if securities or other contracts to issue common stock were exercised, converted into common stock or resulted in the issuance of common stock that would have shared in the Company’s earnings.
The Company includes all unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in the number of shares outstanding for basic EPS as these awards are considered participating securities. Unvested share-based awards of restricted stock are paid dividends equally with all other shares of common stock and are considered participating securities. As a result, the Company includes all outstanding restricted stock awards in the calculation of basic and diluted EPS. As of April 5, 2026, there were no unvested restricted stock awards. Any unvested share-based awards considered non-participating securities (restricted share units and performance shares) are included in diluted EPS calculations when the inclusion of these shares would be dilutive. The following table shows the computation of basic and diluted EPS:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands, except per share data)
Numerator:
Net income(1)
$23,611 $13,002 
 
Denominator:
Weighted average shares outstanding58,098 58,325 
Participating securities— 109 
Shares for basic EPS58,098 58,434 
Dilutive effect of non-participating securities912 739 
Shares for diluted EPS59,010 59,173 
 
Basic EPS$0.41 $0.22 
Diluted EPS$0.40 $0.22 
(1) Includes income attributable to participating securities, which was not material for the three months ended March 30, 2025.
v3.26.1
Long-Term Debt
 3 Months Ended
Apr. 05, 2026
Debt Disclosure [Abstract]  
Long-Term Debt LONG-TERM DEBT
Long-term debt consisted of the following:
April 5, 2026December 28, 2025
Outstanding Principal
Interest Rate(1)
Outstanding Principal
Interest Rate(1)
(in thousands)(in thousands)
Syndicated Credit Facility(2):
Revolving loan borrowings$23,103 4.97 %$6,158 6.07 %
Term loan borrowings173,573 4.93 %175,621 5.09 %
Total borrowings under Syndicated Credit Facility196,676 4.94 %181,779 5.12 %
 
Total debt196,676 181,779 
Less: Unamortized debt issuance costs(189)(200)
 
Total debt, net196,487 181,579 
Less: Current portion of long-term debt(8,789)(8,778)
 
Total long-term debt, net$187,698 $172,801 
(1) Represents the weighted average rate of interest for borrowings under the Syndicated Credit Facility, without the effect of unamortized debt issuance costs.
(2) The Syndicated Credit Facility also includes a multicurrency revolving loan facility up to $250 million.

Syndicated Credit Facility
The Company’s Syndicated Credit Facility (the “Facility”) provides to the Company U.S. denominated and multicurrency term loans and provides to the Company and certain of its subsidiaries a multicurrency revolving loan facility. Each of the Company’s material domestic subsidiaries guarantee the obligations of the Company under its Facility. The Facility matures December 3, 2030. At April 5, 2026, the Company had available borrowing capacity of $226.3 million under the revolving loan facility.
Interest on base rate loans is charged at varying rates computed by applying a margin depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter. Interest on secured overnight financing rate based (“SOFR”) and alternative currency loans is charged at varying rates computed by applying a margin over the applicable SOFR rate or alternative currency rate, depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter. In addition, the Company pays a commitment fee per annum (depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter) on the unused portion of the Facility.
Fees for commercial letters of credit are computed as a percentage of the amount available to be drawn under such letters of credit. Fees for standby letters of credit are charged at varying rates computed by applying a margin of the amount available to be drawn under such standby letters of credit, depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter.
Under the Facility, the Company is required to make quarterly amortization payments of the term loan borrowings, which are due on the last day of the calendar quarter.
The Company is in compliance with all covenants under the Facility and anticipates that it will remain in compliance with the covenants for the foreseeable future.
v3.26.1
Shareholders' Equity
 3 Months Ended
Apr. 05, 2026
Stockholders' Equity Note [Abstract]  
Shareholders' Equity SHAREHOLDERS’ EQUITY
The following tables depict the activity in the accounts which make up shareholders’ equity for the three months ended April 5, 2026 and March 30, 2025:
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS		PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 28, 202557,891 $5,789 $248,910 $517,980 $(39,314)$(92,691)$640,674 
Net income— — — 23,611 — — 23,611 
Issuances of stock related to restricted share units and performance shares1,065 106 (106)— — — — 
Cash dividends declared, $0.03 per common share
— — — (1,882)— — (1,882)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(440)(44)(8,818)— — — (8,862)
Share repurchases
(461)(46)(11,954)(12,000)
Pension liability adjustment— — — — 1,388 — 1,388 
Foreign currency translation adjustment— — — — — (8,344)(8,344)
Balance, at April 5, 202658,055 $5,805 $228,032 $539,709 $(37,926)$(101,035)$634,585 
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS		PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 29, 202458,304 $5,830 $261,028 $405,441 $(39,834)$(143,317)$489,148 
Net income— — — 13,002 — — 13,002 
Issuances of stock related to restricted share units and performance shares658 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)
Pension liability adjustment— — — — (695)— (695)
Foreign currency translation adjustment— — — — — 15,834 15,834 
Balance, at March 30, 202558,610 $5,861 $257,416 $417,802 $(40,529)$(127,483)$513,067 
Repurchase of Common Stock
In May 2022, the Company adopted a share repurchase program in which the Company is authorized to repurchase up to $100 million of its outstanding shares of common stock. The program has no specific expiration date. During the three months ended April 5, 2026, the Company repurchased and retired 460,882 shares of common stock at a weighted average price of $26.04 per share pursuant to this program.
Stock Incentive Plan
The Company has share-based employee compensation plans, which are described more fully in Note 13 to the consolidated financial statements included in Item 8 of the Annual Report on Form 10-K for the fiscal year ended December 28, 2025.
Restricted Share Unit Awards
Compensation expense related to the restricted share units was $2.1 million and $1.8 million for the three months ended April 5, 2026 and March 30, 2025, respectively. The Company has reduced its expense for any restricted share units forfeited during the period.
The following table summarizes restricted share units outstanding as of April 5, 2026, as well as activity during the three months then ended:
Restricted Share UnitsWeighted Average
Grant Date
Fair Value
Outstanding at December 28, 2025797,400 $15.88 
Granted216,700 31.51 
Vested(429,500)13.10 
Forfeited or canceled(11,300)20.20 
Outstanding at April 5, 2026573,300 $23.79 
As of April 5, 2026, the unrecognized total compensation cost related to unvested restricted share units was $11.4 million. That cost is expected to be recognized by the first quarter of 2029.
Performance Share Awards
The following table summarizes the performance shares outstanding as of April 5, 2026, as well as the activity during the three months then ended:
Performance Shares
Weighted Average Grant Date Fair Value
Outstanding at December 28, 20251,070,300 $14.04 
Granted397,100 21.50 
Vested(635,500)10.79 
Forfeited or canceled(14,500)19.05 
Outstanding at April 5, 2026817,400 $20.10 
Compensation expense related to the performance shares was $2.9 million and $2.0 million for the three months ended April 5, 2026 and March 30, 2025, respectively. The Company has reduced its expense for any performance shares forfeited during the period. Unrecognized compensation expense related to these performance shares was approximately $13.1 million as of April 5, 2026. The amount and timing of future compensation expense will depend on the performance of the Company. The compensation expense related to these outstanding performance shares is expected to be recognized by the first quarter of 2029.
v3.26.1
Leases
 3 Months Ended
Apr. 05, 2026
Leases [Abstract]  
Leases LEASES
The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of April 5, 2026 and December 28, 2025:
April 5, 2026December 28, 2025
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$73,395 $78,191 
 
Current portion of operating lease liabilities$14,698 $15,748 
Operating lease liabilities63,238 67,205 
Total operating lease liabilities$77,936 $82,953 
 
Property, plant and equipment, net$10,522 $9,574 
 
Accrued expenses$3,305 $3,155 
Other long-term liabilities7,611 6,817 
Total finance lease liabilities$10,916 $9,972 
As of April 5, 2026, there were no significant leases that had not commenced.

Lease Costs
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$1,019 $848 
Interest on lease liabilities173 137 
Operating lease cost5,509 4,993 
Short-term lease cost156 171 
Variable lease cost690 773 
Total lease cost$7,547 $6,922 
Other Supplemental Information
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases
$172 $131 
Operating cash flows for operating leases
6,277 4,437 
Financing cash flows for finance leases
983 762 
Right-of-use assets obtained in exchange for new finance lease liabilities2,071 548 
Right-of-use assets obtained in exchange for new operating lease liabilities795 2,929 
Lease Term and Discount Rate
The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of April 5, 2026 and December 28, 2025:
 April 5, 2026December 28, 2025
Weighted-average remaining lease term – finance leases (in years)4.154.07
Weighted-average remaining lease term – operating leases (in years)6.907.05
Weighted-average discount rate – finance leases6.09 %6.52 %
Weighted-average discount rate – operating leases6.34 %6.33 %
Maturity Analysis
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the three months ended April 5, 2026)
$14,069 $2,902 
202717,304 3,413 
202813,559 2,456 
202911,431 1,498 
20308,708 936 
Thereafter32,040 1,139 
Total future minimum lease payments (undiscounted)97,111 12,344 
Less: Present value discount(19,175)(1,428)
Total lease liabilities$77,936 $10,916 
Leases LEASES
The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of April 5, 2026 and December 28, 2025:
April 5, 2026December 28, 2025
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$73,395 $78,191 
 
Current portion of operating lease liabilities$14,698 $15,748 
Operating lease liabilities63,238 67,205 
Total operating lease liabilities$77,936 $82,953 
 
Property, plant and equipment, net$10,522 $9,574 
 
Accrued expenses$3,305 $3,155 
Other long-term liabilities7,611 6,817 
Total finance lease liabilities$10,916 $9,972 
As of April 5, 2026, there were no significant leases that had not commenced.

Lease Costs
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$1,019 $848 
Interest on lease liabilities173 137 
Operating lease cost5,509 4,993 
Short-term lease cost156 171 
Variable lease cost690 773 
Total lease cost$7,547 $6,922 
Other Supplemental Information
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases
$172 $131 
Operating cash flows for operating leases
6,277 4,437 
Financing cash flows for finance leases
983 762 
Right-of-use assets obtained in exchange for new finance lease liabilities2,071 548 
Right-of-use assets obtained in exchange for new operating lease liabilities795 2,929 
Lease Term and Discount Rate
The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of April 5, 2026 and December 28, 2025:
 April 5, 2026December 28, 2025
Weighted-average remaining lease term – finance leases (in years)4.154.07
Weighted-average remaining lease term – operating leases (in years)6.907.05
Weighted-average discount rate – finance leases6.09 %6.52 %
Weighted-average discount rate – operating leases6.34 %6.33 %
Maturity Analysis
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the three months ended April 5, 2026)
$14,069 $2,902 
202717,304 3,413 
202813,559 2,456 
202911,431 1,498 
20308,708 936 
Thereafter32,040 1,139 
Total future minimum lease payments (undiscounted)97,111 12,344 
Less: Present value discount(19,175)(1,428)
Total lease liabilities$77,936 $10,916 
v3.26.1
Employee Benefit Plans
 3 Months Ended
Apr. 05, 2026
Retirement Benefits [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANS
The Company has defined benefit and multi-employer pension plans, which are described more fully in Note 18 to the consolidated financial statements included in Item 8 of the Annual Report on Form 10-K for the fiscal year ended December 28, 2025.
During the three-month periods ended April 5, 2026 and March 30, 2025, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.8 million and $0.7 million, respectively.
The following tables provide the components of net periodic benefit cost for the three months ended April 5, 2026 and March 30, 2025:
Three Months Ended
Defined Benefit Retirement Plans (Europe)
April 5, 2026March 30, 2025
(in thousands)
Interest cost$1,857 $1,813 
Expected return on plan assets(1,778)(1,938)
Amortization of prior service cost47 44 
Amortization of net actuarial losses410 375 
Net periodic benefit cost$536 $294 
Three Months Ended
Salary Continuation PlanApril 5, 2026March 30, 2025
(in thousands)
Interest cost$256 $275 
Amortization of net actuarial losses63 47 
Net periodic benefit cost$319 $322 
Three Months Ended
nora Defined Benefit Plan
April 5, 2026March 30, 2025
(in thousands)
Service cost$95 $103 
Interest cost311 253 
Amortization of net actuarial gains(190)(82)
Net periodic benefit cost$216 $274 
The service cost component of net periodic benefit costs is presented within operating income in the consolidated condensed statements of operations, while all other components of net periodic benefit costs are presented within other expense, net, in the consolidated condensed statements of operations.
v3.26.1
Goodwill and Other Intangible Assets
 3 Months Ended
Apr. 05, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
The ending balance and the change in the carrying amount of goodwill for the three months ended April 5, 2026 is as follows:
Goodwill(1)
(in thousands)
Balance, at December 28, 2025$112,127 
Foreign currency translation(2)
(2,301)
Balance, at April 5, 2026$109,826 
(1) The goodwill balance is allocated entirely to the AMS reportable segment.
(2) A portion of the goodwill balance is comprised of goodwill denominated in foreign currency attributable to the nora acquisition.
The net carrying value of intangible assets other than goodwill was $49.8 million and $50.9 million at April 5, 2026 and December 28, 2025, respectively.
v3.26.1
Segment Information
 3 Months Ended
Apr. 05, 2026
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company determines that an operating segment exists if a component (i) engages in business activities from which it earns revenues and incurs expenses, (ii) has operating results that are regularly reviewed by the chief operating decision maker (“CODM”), and (iii) has discrete financial information. Additionally, accounting standards require the utilization of a “management approach” to report the financial results of operating segments, which is based on information used by the CODM to assess performance and make operating and resource allocation decisions. The Company determined that it has two operating segments organized by geographical area – namely (a) Americas (“AMS”) and (b) Europe, Africa, Asia and Australia (collectively “EAAA”). The AMS operating segment includes the United States, Canada and Latin America geographic areas.
Pursuant to the management approach discussed above, the Company’s CODM, our chief executive officer, evaluates performance at the AMS and EAAA operating segment levels and makes operating and resource allocation decisions based on adjusted segment operating income (“AOI”). The CODM uses AOI to evaluate segment operating results compared to expectations. AOI is also used by the CODM to develop variable compensation targets and make capital spend decisions. AOI excludes: nora purchase accounting amortization and restructuring, asset impairment, severance, and other, net. Intersegment revenues for both the three months ended April 5, 2026 and March 30, 2025, were $28.0 million, respectively. Intersegment revenues are eliminated from net sales presented below since these amounts are not included in the information provided to the CODM.
The Company has determined that it has two reportable segments – AMS and EAAA, as each operating segment meets the quantitative thresholds defined in the accounting guidance.
The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for the three months ended April 5, 2026 and March 30, 2025.
Three Months Ended
April 5, 2026March 30, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$195,671 $135,366 $331,037 $179,937 $117,476 $297,413 
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
117,368 86,946 108,527 76,668 
   Adjusted selling, general, & administrative expenses(3)
54,407 39,593 51,547 35,217 
Segment AOI23,896 8,827 32,723 19,863 5,591 25,454 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net393 973 
Purchase accounting amortization
— 1,255 
Interest expense2,665 4,415 
Other expense, net
774 1,703 
Income before taxes$28,891 $17,109 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
Segment depreciation and amortization for the three months ended April 5, 2026 and March 30, 2025 is presented as follows:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
 
Depreciation and amortization
AMS$4,804 $4,587 
EAAA5,072 4,814 
Total depreciation and amortization$9,876 $9,401 

A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows:
April 5, 2026December 28, 2025
(in thousands)
Assets
AMS$570,229 $660,189 
EAAA616,948 619,663 
Total segment assets1,187,177 1,279,852 
Corporate assets110,094 98,853 
Eliminations(91,483)(172,183)
Total reported assets$1,205,788 $1,206,522 
v3.26.1
Supplemental Cash Flow Information
 3 Months Ended
Apr. 05, 2026
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental cash flow information for the three months ended April 5, 2026 and March 30, 2025 is presented in the following table:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Cash paid for interest$3,390 $169 
See Note 7 entitled “Leases” for additional supplemental disclosures related to finance and operating leases.
Non-Cash Financing Activities
On February 24, 2026, the Company declared cash dividends on its common stock of $1.7 million, which were paid during the second quarter of 2026 to shareholders of record as of March 27, 2026. At April 5, 2026, the dividends were recorded within accrued expenses in the consolidated condensed balance sheet.
v3.26.1
Income Taxes
 3 Months Ended
Apr. 05, 2026
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
The Company determines its provision for income taxes for interim periods using an estimate of its annual effective tax rate (“AETR”) and records any changes affecting the estimated AETR in the interim period in which the change occurs, including discrete tax items.
During the three months ended April 5, 2026, the Company recorded a total income tax provision of $5.3 million on pre-tax income of $28.9 million resulting in an effective tax rate of 18.3%, as compared to a total income tax provision of $4.1 million on pre-tax income of $17.1 million resulting in an effective tax rate of 24.0% during the three months ended March 30, 2025. The decrease in the effective tax rate for the three months ended April 5, 2026, as compared to the three months ended March 30, 2025, was primarily due to higher excess tax benefits related to share-based compensation.
On December 20, 2021, the Organization for Economic Co-operation and Development (“OECD”) published Pillar Two Model Rules defining the global minimum tax, which calls for the taxation of large corporations at a minimum rate of 15%. The OECD has since issued administrative guidance providing transition and safe harbor rules around the implementation of the Pillar Two global minimum tax. Many non-U.S. tax jurisdictions have either recently enacted legislation to adopt certain components of the Pillar Two Model Rules beginning in 2024 (including the European Union Member States) with the adoption of additional components in later years or announced their plans to enact legislation in future years. For fiscal year 2026, we expect to meet the Transitional Country-by-Country (“CbCR”) Safe Harbor rules for most if not all jurisdictions and do not expect these provisions to have a material impact on the Company’s financial statements. We will continue to closely monitor ongoing developments and evaluate any potential impact on future periods.
In 2026, the OECD issued a Side-by-Side package (“SbS”) that simplifies Pillar Two, creates new safe harbors, fully exempts U.S. parent groups from two of the three top-up taxes, and extends the CbCR Safe Harbor through fiscal year 2027. In certain jurisdictions, local legislative action is needed to effectuate the SbS agreement and cannot be considered in our accounting estimate until enactment.
In the first three months of 2026, the Company increased its liability for unrecognized tax benefits by $0.2 million. As of April 5, 2026, the Company had accrued approximately $5.1 million for unrecognized tax benefits.
v3.26.1
Items Reclassified from Accumulated Other Comprehensive Loss
 3 Months Ended
Apr. 05, 2026
Equity [Abstract]  
Items Reclassified from Accumulated Other Comprehensive Loss ITEMS RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE LOSS
Amounts reclassified out of accumulated other comprehensive loss (“AOCL”), before tax, to the consolidated condensed statements of operations during the three months ended April 5, 2026 and March 30, 2025 are reflected in the table below:
Three Months Ended
Statement of Operations LocationApril 5, 2026March 30, 2025
(in thousands)
Amortization of benefit plan net actuarial losses and prior service cost
Other expense, net
$(330)$(384)
Total loss reclassified from AOCL$(330)$(384)
v3.26.1
Commitments and Contingencies
 3 Months Ended
Apr. 05, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies COMMITMENTS AND CONTINGENCIES
From time to time, we are a party to legal proceedings, whether arising in the ordinary course of business or otherwise. For additional information see disclosures set forth in Note 17 to the consolidated financial statements included in Item 8 of the Annual Report on Form 10-K for the fiscal year ended December 28, 2025. There have been no material changes since December 28, 2025.
v3.26.1
Fair Value Measures and Disclosures
 3 Months Ended
Apr. 05, 2026
Fair Value Disclosures [Abstract]  
Fair Value Disclosures FAIR VALUE OF FINANCIAL INSTRUMENTS
 
Accounting standards establish a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure estimated fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under applicable accounting standards are described below:

Level 1    Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.  

Level 2    Inputs to the valuation methodology include:
•quoted prices for similar assets in active markets;
•quoted prices for identical or similar assets in inactive markets;
•inputs other than quoted prices that are observable for the asset; and
•inputs that are derived principally or corroborated by observable data by correlation or other.

Level 3    Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

The following table presents the carrying values and estimated fair values, including the level within the fair value hierarchy, of certain financial instruments:

April 5, 2026December 28, 2025
Carrying ValueFair Value (Level 1)Fair Value (Level 2)Carrying ValueFair Value (Level 1)Fair Value (Level 2)
(in thousands)
Assets:
Company-owned life insurance$23,091 $— $23,091 $23,048 $— $23,048 
Deferred compensation investments32,193 8,159 24,034 33,728 8,941 24,787 
 
Liabilities(1):
Borrowings under Syndicated Credit Facility(2)
196,676 — 196,676 181,779 — 181,779 

(1) Carrying values are presented gross, excluding the impact of unamortized debt issuance costs and including amounts presented as current liabilities on the consolidated condensed balance sheets.
(2) The carrying value of borrowings under the Facility approximates fair value as the Facility bears variable interest rates that are similar to existing market rates. The fair value of borrowings under the Facility is estimated using observable market rates.

The fair value of Company-owned life insurance is measured on a readily determinable cash surrender value on a recurring basis.

Assets associated with the Company’s nonqualified savings plans are held in a rabbi trust and consist of investments in mutual funds and insurance contracts. The fair value of the mutual funds is derived from quoted prices in active markets. The fair value of the insurance contracts is based on observable inputs related to the performance measurement funds that shadow the deferral investment allocations made by participants in the nonqualified savings plans.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Apr. 05, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.1
Summary of Significant Accounting Policies (Policies)
 3 Months Ended
Apr. 05, 2026
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation
References in this Quarterly Report on Form 10-Q to “Interface,” “the Company,” “we,” “our,” “ours” and “us” refer to Interface, Inc. and its subsidiaries or any of them, unless the context requires otherwise.
As contemplated by the Securities and Exchange Commission (the “Commission”) instructions to Form 10-Q, the following footnotes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to the Company’s year-end financial statements and notes thereto contained in its Annual Report on Form 10-K for the fiscal year ended December 28, 2025, as filed with the Commission.
The financial information included in this report has been prepared by the Company. In the opinion of management, the financial information included in this report contains all adjustments necessary for a fair presentation of the results for the interim periods. All such adjustments are of a normal recurring nature unless otherwise disclosed. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The December 28, 2025, consolidated condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (“GAAP”).
The three-month period ended April 5, 2026 includes 14 weeks, and the three-month period ended March 30, 2025 includes 13 weeks.
Recent Accounting Pronouncements Recently Issued Accounting Pronouncements – Not Yet Adopted
In September 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2025-06 - “Intangibles - Goodwill and Other Internal Use Software (Topic 350-40)”. This ASU amends the accounting for internal-use software costs by removing reference to prescriptive and sequential software development stages used to evaluate capitalizable costs. The ASU requires entities to consider whether significant uncertainties associated with development activities have been resolved prior to capitalization of software costs and aligns disclosure requirements with Accounting Standards Codification (“ASC”) 360, “Property, Plant, and Equipment”. The new guidance in ASU 2025-06 is effective for annual periods beginning after December 15, 2027, and interim periods within those annual reporting periods, and may be applied prospectively, retrospectively, or using a modified retrospective approach. Early adoption is permitted. The Company is currently evaluating the impact of this ASU to its consolidated financial statements.
In November 2024, the FASB issued ASU 2024-03, “Income Statement Reporting - Comprehensive Income - Expense Disaggregation (Topic 220-40)”. This ASU requires public entities to provide additional footnote disclosures to disaggregate the cost and expense line items presented in the income statement into specific categories including (a) purchases of inventory; (b) employee compensation; (c) depreciation; and (d) intangible asset amortization. The ASU also requires qualitative disclosure of other relevant expense categories not separately disclosed, the total amount of selling expenses, and the definition of selling expenses in annual reporting periods. The new guidance in ASU 2024-03 is effective for annual periods beginning after December 15, 2026 and interim periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of this ASU to its consolidated financial statements.
v3.26.1
Revenue Recognition (Tables)
 3 Months Ended
Apr. 05, 2026
Revenues [Abstract]  
Revenue by Products and Services
The Company generates revenue from sales of modular carpet, resilient flooring, rubber flooring, and other flooring-related material, and from the installation of carpet and other flooring-related material. A summary of these revenue streams, as a percentage of net sales, for the three months ended April 5, 2026 and March 30, 2025 is as follows:
Three Months Ended
April 5, 2026March 30, 2025
Revenue from the sale of flooring material98%98%
Revenue from installation of flooring material2%2%
Disaggregation of Revenue
For the three months ended April 5, 2026 and March 30, 2025, revenue from the Company’s customers is broken down by geography as follows:
Three Months Ended
GeographyApril 5, 2026March 30, 2025
Americas59%60%
Europe31%30%
Asia-Pacific10%10%
Revenue from the Company’s customers in the Americas corresponds to the AMS reportable segment, and the EAAA reportable segment includes revenue from the Europe and Asia-Pacific geographies. See Note 10 entitled “Segment Information” for additional information.
For the three months ended April 5, 2026 and March 30, 2025, revenue by material market segment as a percentage of consolidated totals is as follows:
Three Months Ended
Market SegmentApril 5, 2026March 30, 2025
Corporate Office
47%45%
Education
17%18%
Healthcare
10%10%
Other
26%27%
v3.26.1
Inventories (Tables)
 3 Months Ended
Apr. 05, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories are summarized as follows:
April 5, 2026December 28, 2025
(in thousands)
Finished goods$218,259 $205,115 
Work-in-process20,869 17,418 
Raw materials55,065 52,481 
Inventories, net$294,193 $275,014 
v3.26.1
Earnings Per Share (Tables)
 3 Months Ended
Apr. 05, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following table shows the computation of basic and diluted EPS:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands, except per share data)
Numerator:
Net income(1)
$23,611 $13,002 
 
Denominator:
Weighted average shares outstanding58,098 58,325 
Participating securities— 109 
Shares for basic EPS58,098 58,434 
Dilutive effect of non-participating securities912 739 
Shares for diluted EPS59,010 59,173 
 
Basic EPS$0.41 $0.22 
Diluted EPS$0.40 $0.22 
(1) Includes income attributable to participating securities, which was not material for the three months ended March 30, 2025.
v3.26.1
Long-Term Debt (Tables)
 3 Months Ended
Apr. 05, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term debt consisted of the following:
April 5, 2026December 28, 2025
Outstanding Principal
Interest Rate(1)
Outstanding Principal
Interest Rate(1)
(in thousands)(in thousands)
Syndicated Credit Facility(2):
Revolving loan borrowings$23,103 4.97 %$6,158 6.07 %
Term loan borrowings173,573 4.93 %175,621 5.09 %
Total borrowings under Syndicated Credit Facility196,676 4.94 %181,779 5.12 %
 
Total debt196,676 181,779 
Less: Unamortized debt issuance costs(189)(200)
 
Total debt, net196,487 181,579 
Less: Current portion of long-term debt(8,789)(8,778)
 
Total long-term debt, net$187,698 $172,801 
(1) Represents the weighted average rate of interest for borrowings under the Syndicated Credit Facility, without the effect of unamortized debt issuance costs.
(2) The Syndicated Credit Facility also includes a multicurrency revolving loan facility up to $250 million.
v3.26.1
Shareholders' Equity (Tables)
 3 Months Ended
Apr. 05, 2026
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 months ended April 5, 2026 and March 30, 2025:
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS		PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 28, 202557,891 $5,789 $248,910 $517,980 $(39,314)$(92,691)$640,674 
Net income— — — 23,611 — — 23,611 
Issuances of stock related to restricted share units and performance shares1,065 106 (106)— — — — 
Cash dividends declared, $0.03 per common share
— — — (1,882)— — (1,882)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings(440)(44)(8,818)— — — (8,862)
Share repurchases
(461)(46)(11,954)(12,000)
Pension liability adjustment— — — — 1,388 — 1,388 
Foreign currency translation adjustment— — — — — (8,344)(8,344)
Balance, at April 5, 202658,055 $5,805 $228,032 $539,709 $(37,926)$(101,035)$634,585 
SHARESCOMMON STOCKADDITIONAL PAID-IN CAPITALRETAINED
EARNINGS		PENSION LIABILITYFOREIGN CURRENCY TRANSLATION ADJUSTMENTTOTAL
(in thousands, except per share data)
Balance, at December 29, 202458,304 $5,830 $261,028 $405,441 $(39,834)$(143,317)$489,148 
Net income— — — 13,002 — — 13,002 
Issuances of stock related to restricted share units and performance shares658 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)
Pension liability adjustment— — — — (695)— (695)
Foreign currency translation adjustment— — — — — 15,834 15,834 
Balance, at March 30, 202558,610 $5,861 $257,416 $417,802 $(40,529)$(127,483)$513,067 
Schedule of Restricted Share Units Outstanding and Activity
The following table summarizes restricted share units outstanding as of April 5, 2026, as well as activity during the three months then ended:
Restricted Share UnitsWeighted Average
Grant Date
Fair Value
Outstanding at December 28, 2025797,400 $15.88 
Granted216,700 31.51 
Vested(429,500)13.10 
Forfeited or canceled(11,300)20.20 
Outstanding at April 5, 2026573,300 $23.79 
Schedule of Performance Shares Outstanding and Activity
The following table summarizes the performance shares outstanding as of April 5, 2026, as well as the activity during the three months then ended:
Performance Shares
Weighted Average Grant Date Fair Value
Outstanding at December 28, 20251,070,300 $14.04 
Granted397,100 21.50 
Vested(635,500)10.79 
Forfeited or canceled(14,500)19.05 
Outstanding at April 5, 2026817,400 $20.10 
v3.26.1
Leases (Tables)
 3 Months Ended
Apr. 05, 2026
Leases [Abstract]  
Balance Sheet Information, Lessee
The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of April 5, 2026 and December 28, 2025:
April 5, 2026December 28, 2025
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$73,395 $78,191 
 
Current portion of operating lease liabilities$14,698 $15,748 
Operating lease liabilities63,238 67,205 
Total operating lease liabilities$77,936 $82,953 
 
Property, plant and equipment, net$10,522 $9,574 
 
Accrued expenses$3,305 $3,155 
Other long-term liabilities7,611 6,817 
Total finance lease liabilities$10,916 $9,972 
Schedule of Lease Costs
Lease Costs
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$1,019 $848 
Interest on lease liabilities173 137 
Operating lease cost5,509 4,993 
Short-term lease cost156 171 
Variable lease cost690 773 
Total lease cost$7,547 $6,922 
Other Supplemental Information, Lessee
Other Supplemental Information
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases
$172 $131 
Operating cash flows for operating leases
6,277 4,437 
Financing cash flows for finance leases
983 762 
Right-of-use assets obtained in exchange for new finance lease liabilities2,071 548 
Right-of-use assets obtained in exchange for new operating lease liabilities795 2,929 
Weighted Average Lease Term and Discount Rate, Lessee
The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of April 5, 2026 and December 28, 2025:
 April 5, 2026December 28, 2025
Weighted-average remaining lease term – finance leases (in years)4.154.07
Weighted-average remaining lease term – operating leases (in years)6.907.05
Weighted-average discount rate – finance leases6.09 %6.52 %
Weighted-average discount rate – operating leases6.34 %6.33 %
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the three months ended April 5, 2026)
$14,069 $2,902 
202717,304 3,413 
202813,559 2,456 
202911,431 1,498 
20308,708 936 
Thereafter32,040 1,139 
Total future minimum lease payments (undiscounted)97,111 12,344 
Less: Present value discount(19,175)(1,428)
Total lease liabilities$77,936 $10,916 
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the three months ended April 5, 2026)
$14,069 $2,902 
202717,304 3,413 
202813,559 2,456 
202911,431 1,498 
20308,708 936 
Thereafter32,040 1,139 
Total future minimum lease payments (undiscounted)97,111 12,344 
Less: Present value discount(19,175)(1,428)
Total lease liabilities$77,936 $10,916 
v3.26.1
Employee Benefit Plans (Tables)
 3 Months Ended
Apr. 05, 2026
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Cost
The following tables provide the components of net periodic benefit cost for the three months ended April 5, 2026 and March 30, 2025:
Three Months Ended
Defined Benefit Retirement Plans (Europe)
April 5, 2026March 30, 2025
(in thousands)
Interest cost$1,857 $1,813 
Expected return on plan assets(1,778)(1,938)
Amortization of prior service cost47 44 
Amortization of net actuarial losses410 375 
Net periodic benefit cost$536 $294 
Three Months Ended
Salary Continuation PlanApril 5, 2026March 30, 2025
(in thousands)
Interest cost$256 $275 
Amortization of net actuarial losses63 47 
Net periodic benefit cost$319 $322 
Three Months Ended
nora Defined Benefit Plan
April 5, 2026March 30, 2025
(in thousands)
Service cost$95 $103 
Interest cost311 253 
Amortization of net actuarial gains(190)(82)
Net periodic benefit cost$216 $274 
v3.26.1
Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Apr. 05, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The ending balance and the change in the carrying amount of goodwill for the three months ended April 5, 2026 is as follows:
Goodwill(1)
(in thousands)
Balance, at December 28, 2025$112,127 
Foreign currency translation(2)
(2,301)
Balance, at April 5, 2026$109,826 
(1) The goodwill balance is allocated entirely to the AMS reportable segment.
(2) A portion of the goodwill balance is comprised of goodwill denominated in foreign currency attributable to the nora acquisition.
v3.26.1
Segment Information (Tables)
 3 Months Ended
Apr. 05, 2026
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Segment depreciation and amortization for the three months ended April 5, 2026 and March 30, 2025 is presented as follows:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
 
Depreciation and amortization
AMS$4,804 $4,587 
EAAA5,072 4,814 
Total depreciation and amortization$9,876 $9,401 
Reconciliation of Assets from Segment to Consolidated
A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows:
April 5, 2026December 28, 2025
(in thousands)
Assets
AMS$570,229 $660,189 
EAAA616,948 619,663 
Total segment assets1,187,177 1,279,852 
Corporate assets110,094 98,853 
Eliminations(91,483)(172,183)
Total reported assets$1,205,788 $1,206,522 
Reconciliation of Operating Income to Income (Loss) Before Income Tax Expense and Segment AOI
The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for the three months ended April 5, 2026 and March 30, 2025.
Three Months Ended
April 5, 2026March 30, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$195,671 $135,366 $331,037 $179,937 $117,476 $297,413 
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
117,368 86,946 108,527 76,668 
   Adjusted selling, general, & administrative expenses(3)
54,407 39,593 51,547 35,217 
Segment AOI23,896 8,827 32,723 19,863 5,591 25,454 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net393 973 
Purchase accounting amortization
— 1,255 
Interest expense2,665 4,415 
Other expense, net
774 1,703 
Income before taxes$28,891 $17,109 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
Segment, Reconciliation of Other Items from Segments to Consolidated
The following table outlines information by reportable segment including net sales, significant segment expenses, and AOI. The table also includes a reconciliation to income before taxes for the three months ended April 5, 2026 and March 30, 2025.
Three Months Ended
April 5, 2026March 30, 2025
AMSEAAATOTALAMSEAAATOTAL
(in thousands)
Net sales$195,671 $135,366 $331,037 $179,937 $117,476 $297,413 
Less: significant segment expenses (1)
   Adjusted cost of sales (2)
117,368 86,946 108,527 76,668 
   Adjusted selling, general, & administrative expenses(3)
54,407 39,593 51,547 35,217 
Segment AOI23,896 8,827 32,723 19,863 5,591 25,454 
Reconciliation of AOI to income before taxes
Restructuring, severance, asset impairment and other, net393 973 
Purchase accounting amortization
— 1,255 
Interest expense2,665 4,415 
Other expense, net
774 1,703 
Income before taxes$28,891 $17,109 
(1) Significant segment expense categories and amounts align with segment level information that is regularly provided to the CODM, included in the measure of segment profit, and considered to be significant. Amounts include allocation of corporate overhead and global support costs. Intersegment expenses are excluded.
(2) Adjusted cost of sales excludes purchase accounting amortization.
(3) Adjusted selling, general, and administrative expenses exclude restructuring, asset impairment, severance, and other, net.
v3.26.1
Supplemental Cash Flow Information (Tables)
 3 Months Ended
Apr. 05, 2026
Supplemental Cash Flow Information [Abstract]  
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information for the three months ended April 5, 2026 and March 30, 2025 is presented in the following table:
Three Months Ended
April 5, 2026March 30, 2025
(in thousands)
Cash paid for interest$3,390 $169 
v3.26.1
Items Reclassified from Accumulated Other Comprehensive Loss (Tables)
 3 Months Ended
Apr. 05, 2026
Equity [Abstract]  
Schedule of Items Reclassified out of Accumulated Other Comprehensive Loss
Amounts reclassified out of accumulated other comprehensive loss (“AOCL”), before tax, to the consolidated condensed statements of operations during the three months ended April 5, 2026 and March 30, 2025 are reflected in the table below:
Three Months Ended
Statement of Operations LocationApril 5, 2026March 30, 2025
(in thousands)
Amortization of benefit plan net actuarial losses and prior service cost
Other expense, net
$(330)$(384)
Total loss reclassified from AOCL$(330)$(384)
v3.26.1
Fair Value Measures and Disclosures (Tables)
 3 Months Ended
Apr. 05, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following table presents the carrying values and estimated fair values, including the level within the fair value hierarchy, of certain financial instruments:

April 5, 2026December 28, 2025
Carrying ValueFair Value (Level 1)Fair Value (Level 2)Carrying ValueFair Value (Level 1)Fair Value (Level 2)
(in thousands)
Assets:
Company-owned life insurance$23,091 $— $23,091 $23,048 $— $23,048 
Deferred compensation investments32,193 8,159 24,034 33,728 8,941 24,787 
 
Liabilities(1):
Borrowings under Syndicated Credit Facility(2)
196,676 — 196,676 181,779 — 181,779 

(1) Carrying values are presented gross, excluding the impact of unamortized debt issuance costs and including amounts presented as current liabilities on the consolidated condensed balance sheets.
(2) The carrying value of borrowings under the Facility approximates fair value as the Facility bears variable interest rates that are similar to existing market rates. The fair value of borrowings under the Facility is estimated using observable market rates.
v3.26.1
Revenue Recognition - Revenue by Products and Services (Details)
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Revenue from the Sale of Flooring Material    
Revenue from External Customer [Line Items]    
Percent of revenue due to contracts with customers (percentage) 98.00% 98.00%
Revenue from Installation of Flooring Material    
Revenue from External Customer [Line Items]    
Percent of revenue due to contracts with customers (percentage) 2.00% 2.00%
v3.26.1
Revenue Recognition - Disaggregation of Revenue (Details)
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Corporate Office Market Segment    
Disaggregation of Revenue [Line Items]    
Market Segment Percentage 47.00% 45.00%
Education Market Segment    
Disaggregation of Revenue [Line Items]    
Market Segment Percentage 17.00% 18.00%
Healthcare Market Segment    
Disaggregation of Revenue [Line Items]    
Market Segment Percentage 10.00% 10.00%
Other Market Segments    
Disaggregation of Revenue [Line Items]    
Market Segment Percentage 26.00% 27.00%
Americas    
Disaggregation of Revenue [Line Items]    
Percentage of net sales 59.00% 60.00%
Europe    
Disaggregation of Revenue [Line Items]    
Percentage of net sales 31.00% 30.00%
Asia-Pacific    
Disaggregation of Revenue [Line Items]    
Percentage of net sales 10.00% 10.00%
v3.26.1
Inventories - Summary of Inventories (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Inventory Disclosure [Abstract]    
Finished goods $ 218,259 $ 205,115
Work-in-process 20,869 17,418
Raw materials 55,065 52,481
Inventories, net $ 294,193 $ 275,014
v3.26.1
Earnings Per Share - Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Numerator:    
Net income $ 23,611 $ 13,002
Denominator:    
Weighted average shares outstanding (in shares) 58,098 58,325
Participating securities (in shares) 0 109
Shares for basic earnings (loss) per share (in shares) 58,098 58,434
Dilutive effect of non-participating securities (in shares) 912 739
Shares for diluted earnings (loss) per share (in shares) 59,010 59,173
Earnings (loss) per share – basic (in dollars per share) $ 0.41 $ 0.22
Earnings (loss) per share – diluted (in dollars per share) $ 0.40 $ 0.22
v3.26.1
Long-Term Debt - Summary of Long-Term Debt (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Debt Instrument [Line Items]    
Long-term debt, gross $ 196,676 $ 181,779
Less: Unamortized debt issuance costs (189) (200)
Total debt, net 196,487 181,579
Less: Current portion of long-term debt (8,789) (8,778)
Long-term debt, net 187,698 172,801
Syndicated Facility Agreement    
Debt Instrument [Line Items]    
Long-term debt, gross $ 196,676 $ 181,779
Weighted average interest rate on borrowings outstanding (percentage) 4.94% 5.12%
Syndicated Facility Agreement | Revolving Loan Facility    
Debt Instrument [Line Items]    
Long-term debt, gross $ 23,103 $ 6,158
Weighted average interest rate on borrowings outstanding (percentage) 4.97% 6.07%
Syndicated Facility Agreement | Term Loan    
Debt Instrument [Line Items]    
Long-term debt, gross $ 173,573 $ 175,621
Weighted average interest rate on borrowings outstanding (percentage) 4.93% 5.09%
v3.26.1
Long-Term Debt - Narrative (Details) - Syndicated Facility Agreement
$ in Thousands
Apr. 05, 2026
USD ($)
Debt Instrument [Line Items]  
Line of Credit Facility, Remaining Borrowing Capacity $ 226,300
Revolving loan facility, maximum borrowing capacity $ 250,000
v3.26.1
Shareholders' Equity - Activity in Shareholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Feb. 24, 2026
Apr. 05, 2026
Mar. 30, 2025
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period   $ 640,674 $ 489,148
Net income   23,611 13,002
Issuances of stock related to restricted share units and performance shares   0 0
Cash dividends declared $ (1,700) (1,882) (641)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings   (8,862) (3,581)
Pension liability adjustment   1,388 (695)
Foreign currency translation adjustment   (8,344) 15,834
Balance at end of period   $ 634,585 $ 513,067
Cash dividends declared, per common share (in dollars per share)   $ 0.03 $ 0.01
Stock Repurchased and Retired During Period, Shares   (460,882,000)  
Stock Repurchased and Retired During Period, Value   $ (12,000)  
COMMON STOCK      
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period (in shares)   57,891,000 58,304,000
Balance at beginning of period   $ 5,789 $ 5,830
Issuances of stock related to restricted share units and performance shares (in shares)   1,065,000 658,000
Issuances of stock related to restricted share units and performance shares   $ 106 $ 66
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings (in shares)   (440,000) (352,000)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings   $ (44) $ (35)
Balance at end of period (in shares)   58,055,000 58,610,000
Balance at end of period   $ 5,805 $ 5,861
Stock Repurchased and Retired During Period, Shares   (461,000)  
Stock Repurchased and Retired During Period, Value   $ (46)  
ADDITIONAL PAID-IN CAPITAL      
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period   248,910 261,028
Issuances of stock related to restricted share units and performance shares   (106) (66)
Compensation expense related to share-based plans, net of forfeitures and shares received for tax withholdings   (8,818) (3,546)
Balance at end of period   228,032 257,416
Stock Repurchased and Retired During Period, Value   (11,954)  
RETAINED EARNINGS      
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period   517,980 405,441
Net income   23,611 13,002
Cash dividends declared   (1,882) (641)
Balance at end of period   539,709 417,802
PENSION LIABILITY      
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period   (39,314) (39,834)
Pension liability adjustment   1,388 (695)
Balance at end of period   (37,926) (40,529)
FOREIGN CURRENCY TRANSLATION ADJUSTMENT      
Increase (Decrease) in Shareholders' Equity [Roll Forward]      
Balance at beginning of period   (92,691) (143,317)
Foreign currency translation adjustment   (8,344) 15,834
Balance at end of period   $ (101,035) $ (127,483)
v3.26.1
Shareholders' Equity - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
May 17, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share Repurchase Program, Authorized, Amount     $ 100,000
Stock Repurchased and Retired During Period, Shares 460,882,000    
Shares Acquired, Average Cost Per Share $ 26.04    
Share-based compensation expense $ 5,033 $ 4,145  
Restricted Share Units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based compensation expense 2,100 1,800  
Unrecognized compensation expense related to unvested share-based awards 11,400    
Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based compensation expense 2,900 $ 2,000  
Unrecognized compensation expense related to unvested share-based awards $ 13,100    
v3.26.1
Shareholders' Equity - Restricted Share Units Outstanding (Details) - Restricted Share Units
 3 Months Ended
Apr. 05, 2026
$ / shares
shares
Shares  
Outstanding at beginning of period (in shares) | shares 797,400
Granted (in shares) | shares 216,700
Vested (in shares) | shares (429,500)
Forfeited or canceled (in shares) | shares (11,300)
Outstanding at end of period (in shares) | shares 573,300
Weighted Average Grant Date Fair Value  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share) | $ / shares $ 15.88
Granted, weighted average grant date fair value (in dollars per share) | $ / shares 31.51
Vested, weighted average grant date fair value (in dollars per share) | $ / shares 13.10
Forfeited or canceled, weighted average grant date fair value (in dollars per share) | $ / shares 20.20
Outstanding at end of period, weighted average grant date fair value (in dollars per share) | $ / shares $ 23.79
v3.26.1
Shareholders' Equity - Performance Shares Outstanding (Details) - Performance Shares
 3 Months Ended
Apr. 05, 2026
$ / shares
shares
Shares  
Outstanding at beginning of period (in shares) | shares 1,070,300
Granted (in shares) | shares 397,100
Vested (in shares) | shares (635,500)
Forfeited or canceled (in shares) | shares (14,500)
Outstanding at end of period (in shares) | shares 817,400
Weighted Average Grant Date Fair Value  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share) | $ / shares $ 14.04
Granted, weighted average grant date fair value (in dollars per share) | $ / shares 21.50
Vested, weighted average grant date fair value (in dollars per share) | $ / shares 10.79
Forfeited or canceled, weighted average grant date fair value (in dollars per share) | $ / shares 19.05
Outstanding at end of period, weighted average grant date fair value (in dollars per share) | $ / shares $ 20.10
v3.26.1
Leases - Balance Sheet Information (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Leases [Abstract]    
Operating lease right-of-use assets $ 73,395 $ 78,191
Current portion of operating lease liabilities 14,698 15,748
Operating lease liabilities 63,238 67,205
Total operating lease liabilities 77,936 82,953
Finance lease right-of-use assets, net $ 10,522 $ 9,574
Finance lease right-of-use asset, consolidated condensed balance sheet location Property, plant and equipment, net Property, plant and equipment, net
Current portion of finance lease liabilities $ 3,305 $ 3,155
Finance lease liability, current, consolidated condensed balance sheet location Accrued expenses Accrued expenses
Finance lease liabilities $ 7,611 $ 6,817
Finance lease liability, noncurrent, consolidated condensed balance sheet location Other long-term liabilities Other long-term liabilities
Total finance lease liabilities $ 10,916 $ 9,972
v3.26.1
Leases - Lease Costs (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Leases [Abstract]    
Finance lease cost: Amortization of right-of-use assets $ 1,019 $ 848
Finance lease cost: Interest on lease liabilities 173 137
Operating lease cost 5,509 4,993
Short-term lease cost 156 171
Variable lease cost 690 773
Total lease cost $ 7,547 $ 6,922
v3.26.1
Leases - Other Supplemental Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Leases [Abstract]    
Operating cash flows for finance leases $ 172 $ 131
Operating cash flows for operating leases 6,277 4,437
Financing cash flows for finance leases 983 762
Right-of-use assets obtained in exchange for new finance lease liabilities 2,071 548
Right-of-use assets obtained in exchange for new operating lease liabilities $ 795 $ 2,929
v3.26.1
Leases - Lease Term and Discount Rate (Details)
Apr. 05, 2026
Dec. 28, 2025
Leases [Abstract]    
Weighted-average remaining lease term – finance leases (in years) 4 years 1 month 24 days 4 years 25 days
Weighted-average remaining lease term – operating leases (in years) 6 years 10 months 24 days 7 years 18 days
Weighted-average discount rate – finance leases (percentage) 6.09% 6.52%
Weighted-average discount rate – operating leases (percentage) 6.34% 6.33%
v3.26.1
Leases - Maturity of Lease Payments (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Lessee, Operating Lease, Liability, Payment, Due [Abstract]    
2026 (excluding the three months ended April 5, 2026) $ 14,069  
2027 17,304  
2028 13,559  
2029 11,431  
2030 8,708  
Thereafter 32,040  
Total future minimum lease payments (undiscounted) 97,111  
Less: Present value discount (19,175)  
Total lease liabilities 77,936 $ 82,953
Lessee, Finance Lease, Liability, Payment, Due [Abstract]    
2026 (excluding the three months ended April 5, 2026) 2,902  
2027 3,413  
2028 2,456  
2029 1,498  
2030 936  
Thereafter 1,139  
Total future minimum lease payments (undiscounted) 12,344  
Less: Present value discount (1,428)  
Total lease liabilities $ 10,916 $ 9,972
v3.26.1
Employee Benefit Plans - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Retirement Benefits [Abstract]    
Multiemployer plan, employer contribution $ 0.8 $ 0.7
v3.26.1
Employee Benefit Plans - Schedule of Net Periodic Benefit Cost (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Europe    
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]    
Interest cost $ 1,857 $ 1,813
Expected return on plan assets (1,778) (1,938)
Amortization of prior service cost 47 44
Amortization of net actuarial losses (gains) 410 375
Net periodic benefit cost 536 294
Salary Continuation Plan | United States    
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]    
Interest cost 256 275
Amortization of net actuarial losses (gains) 63 47
Net periodic benefit cost 319 322
nora Defined Benefit Plan    
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]    
Service cost 95 103
Interest cost 311 253
Amortization of net actuarial losses (gains) (190) (82)
Net periodic benefit cost $ 216 $ 274
v3.26.1
Goodwill and Other Intangible Assets - Changes in Carrying Amount of Goodwill (Details) - Operating Segments - AMS
$ in Thousands
 3 Months Ended
Apr. 05, 2026
USD ($)
Goodwill [Roll Forward]  
Balance at beginning of period $ 112,127
Foreign currency translation (2,301)
Balance at end of period $ 109,826
v3.26.1
Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)
$ in Millions
Apr. 05, 2026
Dec. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]    
Carrying value of intangible assets, excluding goodwill, net $ 49.8 $ 50.9
v3.26.1
Segment Information - Narrative (Details)
$ in Millions
 3 Months Ended
Apr. 05, 2026
USD ($)
Mar. 30, 2025
USD ($)
Segment Reporting [Abstract]    
Number of operating segments 2  
Number of reportable segments 2  
Intersegment revenues $ 28.0 $ 28.0
v3.26.1
Segment Information - Operating Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Segment Reporting Information [Line Items]    
Net sales $ 331,037 $ 297,413
AOI 32,723 25,454
Depreciation and amortization 9,876 9,401
Operating Segments | AMS    
Segment Reporting Information [Line Items]    
Depreciation and amortization 4,804 4,587
Operating Segments | EAAA    
Segment Reporting Information [Line Items]    
Depreciation and amortization $ 5,072 $ 4,814
v3.26.1
Segment Information - Reconciliation of Segment Assets (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ 1,205,788 $ 1,206,522
Operating Segments    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 1,187,177 1,279,852
Operating Segments | AMS    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 570,229 660,189
Operating Segments | EAAA    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 616,948 619,663
Segment Reporting, Reconciling Item, Corporate Nonsegment    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets 110,094 98,853
Eliminations    
Segment Reporting, Asset Reconciling Item [Line Items]    
Assets $ (91,483) $ (172,183)
v3.26.1
Segment Information - Reconciliation of Segment AOI (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Segment Reporting, Reconciling Item for Operating Income from Segment to Consolidated [Line Items]    
Net sales $ 331,037 $ 297,413
Operating income 32,330 23,227
Interest expense 2,665 4,415
Other expense, net 774 1,703
Income (loss) before income tax expense 28,891 17,109
AOI 32,723 25,454
Restructuring, severance, asset impairment and other, net 393 973
Purchase accounting amortization 0 1,255
Operating Segments | AMS    
Segment Reporting, Reconciling Item for Operating Income from Segment to Consolidated [Line Items]    
Net sales 195,671 179,937
Adjusted selling, general, and administrative expenses 54,407 51,547
Adjusted cost of sales 117,368 108,527
AOI 23,896 19,863
Operating Segments | EAAA    
Segment Reporting, Reconciling Item for Operating Income from Segment to Consolidated [Line Items]    
Net sales 135,366 117,476
Adjusted selling, general, and administrative expenses 39,593 35,217
Adjusted cost of sales 86,946 76,668
AOI $ 8,827 $ 5,591
v3.26.1
Supplemental Cash Flow Information - Schedule of Supplemental Cash Flow Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Supplemental Cash Flow Information [Abstract]    
Cash paid for interest $ 3,390 $ 169
v3.26.1
Supplemental Cash Flow Information - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended
Feb. 24, 2026
Apr. 05, 2026
Mar. 30, 2025
Supplemental Cash Flow Information [Abstract]      
Cash dividends declared on common stock $ 1,700 $ 1,882 $ 641
v3.26.1
Income Taxes - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Income Tax Disclosure [Abstract]    
Income tax expense $ 5,280 $ 4,107
Income (loss) before income tax expense $ 28,891 $ 17,109
Effective income tax rate (percentage) 18.30% 24.00%
Pillar Two, minimum tax rate (percentage) 15.00%  
Unrecognized tax benefits, period increase $ 200  
Unrecognized tax benefits $ 5,100  
v3.26.1
Items Reclassified from Accumulated Other Comprehensive Loss - Schedule of Items Reclassified from Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 05, 2026
Mar. 30, 2025
Equity [Abstract]    
Amortization of benefit plan net actuarial losses and prior service cost $ (330) $ (384)
Total loss reclassified from accumulated other comprehensive loss $ (330) $ (384)
v3.26.1
Fair Value Measures and Disclosures (Details) - USD ($)
$ in Thousands
Apr. 05, 2026
Dec. 28, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Surrender Value of Life Insurance $ 23,091 $ 23,048
Cash Surrender Value, Fair Value Disclosure 23,091 23,048
Long-term debt, gross 196,676 181,779
Syndicated Facility Agreement    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt, gross 196,676 181,779
Level 2 | Syndicated Facility Agreement    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Long-term debt, fair value 196,676 181,779
Deferred Compensation, Excluding Share-Based Payments and Retirement Benefits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deferred Compensation Plan Assets 32,193 33,728
Deferred Compensation, Excluding Share-Based Payments and Retirement Benefits | Fair Value, Inputs, Level 1 | Mutual Fund    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, Fair Value Disclosure 8,159 8,941
Deferred Compensation, Excluding Share-Based Payments and Retirement Benefits | Level 2 | Insurance, Other    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, Fair Value Disclosure $ 24,034 $ 24,787