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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 25, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 48.2 $ 81.3
Accounts receivable, net 115.7 105.7
Unbilled receivables, net 222.0 222.8
Inventoried costs 145.9 125.5
Prepaid expenses 12.8 11.9
Other current assets 43.2 35.4
Total current assets 587.8 582.6
Property, plant and equipment, net 218.6 213.1
Operating lease right-of-use assets 48.2 47.4
Goodwill 558.2 558.2
Intangible assets, net 52.2 55.2
Other assets 97.8 95.0
Total assets 1,562.8 1,551.5
Current liabilities:    
Accounts payable 58.4 57.3
Accrued expenses 41.0 33.8
Accrued compensation 54.0 52.2
Accrued interest 1.5 1.5
Billings in excess of costs and earnings on uncompleted contracts 73.1 62.1
Current portion of operating lease liabilities 11.6 10.8
Other current liabilities 10.4 15.6
Current liabilities of discontinued operations 0.9 0.9
Total current liabilities 250.9 234.2
Long-term debt, net of current portion 232.1 250.2
Operating lease liabilities, net of current portion 41.0 40.8
Other long-term liabilities 77.4 77.4
Long-term liabilities of discontinued operations 1.1 1.4
Total liabilities 602.5 604.0
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 14.7 11.2
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at June 25, 2023 and December 25, 2022 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 127,641,905 and 125,985,306 shares issued and outstanding at June 25, 2023 and December 25, 2022, respectively 0.0 0.0
Additional paid-in capital 1,623.7 1,608.4
Accumulated other comprehensive income (loss) 2.9 (0.8)
Accumulated deficit (681.0) (671.3)
Total stockholders’ equity 945.6 936.3
Total liabilities and stockholders’ equity $ 1,562.8 $ 1,551.5