Segment Information

3 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Segment Information

Segment Information

Segment results are as follows:

	For the Three Months Ended
(in thousands)	March 30, 2024		April 1, 2023
Net Sales:
Light Duty	$	359,293	$	348,083
Heavy Duty	57,809		67,647
Specialty Vehicle	51,599		51,008
Total	$	468,701	$	466,738
Segment profit:
Light Duty	$	57,795	$	21,447
Heavy Duty	9		5,348
Specialty Vehicle	7,169		7,080
Total	$	64,973	$	33,875

A reconciliation of segment profit to income before income taxes is as follows:

	For the Three Months Ended
(in thousands)	March 30, 2024		April 1, 2023
Segment profit	$	64,973	$	33,875
Acquisition-related intangible assets amortization	(5,484)		(5,433)
Acquisition-related transaction and other costs	(483)		(8,549)
Executive transaction services expenses	—		(1,779)
Pretax reduction in workforce costs	(4,568)		—
Interest expense, net	(10,605)		(11,953)
Other (expense) income, net	(40)		357
Income before income taxes	$	43,793	$	6,518