XML 155 R119.htm IDEA: XBRL DOCUMENT v3.24.0.1
Quarterly Financial Information (unaudited) - Schedule of Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 30, 2023
Sep. 30, 2023
Jul. 01, 2023
Apr. 01, 2023
Dec. 31, 2022
Oct. 01, 2022
Jul. 02, 2022
Apr. 02, 2022
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Quarterly Financial Information Disclosure [Abstract]                      
Revenue, net $ 438.7 $ 470.0 $ 450.6 $ 412.5 $ 405.1 $ 447.9 $ 440.3 $ 399.9 $ 1,771.8 $ 1,693.2 $ 1,576.4
Cost of sales 154.8 166.7 159.8 153.5 156.4 174.6 177.1 165.9 634.8 674.0 685.4
Gross profit 283.9 303.3 290.8 259.0 248.7 273.3 263.2 234.0 1,137.0 1,019.2 891.0
Selling, general and administrative expenses 250.0 244.8 246.6 234.6 221.3 228.0 222.9 211.6 976.0 883.8 769.8
Loss on disposal of property, plant and equipment, net 5.3 1.6 0.9 1.3 3.3 2.5 0.2 1.4 9.1 7.4 9.1
Acquisition and integration expenses 3.5 2.4 1.9 1.7 2.6 2.5 4.0 3.0 9.5 12.1 9.1
Impairment charges         0.0 0.0 11.2 0.0   11.2  
Gain on sale of property (15.7) (5.3) 0.0 0.0 (38.8) 0.0 0.0 0.0 (21.0) (38.8) 0.0
Operating income 40.8 59.8 41.4 21.4 60.3 40.3 24.9 18.0 163.4 143.5 103.0
Other (income) expense, net 4.9 (4.0) 0.6 (0.3) (2.2) 2.0 (0.9) (1.4) 1.2 (2.5) 22.1
Interest expense, net 16.6 17.8 18.8 18.2 18.2 16.6 16.6 16.4 71.4 67.8 68.3
Income from continuing operations before income taxes 19.3 46.0 22.0 3.5 44.3 21.7 9.2 3.0 90.8 78.2 12.6
Income tax expense 6.0 12.3 8.4 0.3 9.5 6.6 1.2 2.2 27.0 19.5 7.7
Net income from continuing operations 13.3 33.7 13.6 3.2 34.8 15.1 8.0 0.8 63.8 58.7 4.9
Net income (loss) from discontinued operations, net of income taxes 164.3 (0.3) 7.7 2.6 22.7 (13.8) (30.5) (7.5) 174.3 (29.1) $ (8.1)
Net income (loss) $ 177.6 $ 33.4 $ 21.3 $ 5.8 $ 57.5 $ 1.3 $ (22.5) $ (6.7) $ 238.1 $ 29.6  
Basic:                      
Continuing operations (In USD per share) $ 0.08 $ 0.21 $ 0.09 $ 0.02 $ 0.22 $ 0.09 $ 0.05 $ 0 $ 0.40 $ 0.36 $ 0.03
Discontinued operations (In USD per share) 1.03 0 0.04 0.02 0.14 (0.08) (0.19) (0.04) 1.09 (0.18) (0.05)
Net income (loss) (In USD per share) 1.11 0.21 0.13 0.04 0.36 0.01 (0.14) (0.04) 1.49 0.18 (0.02)
Diluted:                      
Continuing operations (In USD per share) 0.08 0.21 0.09 0.02 0.22 0.09 0.05 0 0.40 0.36 0.03
Discontinued operations (In USD per share) 1.03 0 0.04 0.02 0.14 (0.08) (0.19) (0.04) 1.08 (0.18) (0.05)
Net income (loss) (In USD per share) $ 1.11 $ 0.21 $ 0.13 $ 0.04 $ 0.36 $ 0.01 $ (0.14) $ (0.04) $ 1.48 $ 0.18 $ (0.02)