Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Dec. 30, 2023


	For the Fiscal Year Ended December 30, 2023
(in millions of U.S. dollars, except per share amounts)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Revenue, net	$	412.5	$	450.6	$	470.0	$	438.7	$	1,771.8
Cost of sales	153.5		159.8		166.7		154.8		634.8
Gross profit	259.0		290.8		303.3		283.9		1,137.0
Selling, general and administrative expenses	234.6		246.6		244.8		250.0		976.0
Loss on disposal of property plant and equipment, net	1.3		0.9		1.6		5.3		9.1
Acquisition and integration expenses	1.7		1.9		2.4		3.5		9.5
Gain on sale of property	—		—		(5.3)		(15.7)		(21.0)

Operating income	21.4		41.4		59.8		40.8		163.4
Other (income) expense, net	(0.3)		0.6		(4.0)		4.9		1.2
Interest expense, net	18.2		18.8		17.8		16.6		71.4
Income from continuing operations before taxes	3.5		22.0		46.0		19.3		90.8
Income tax expense	0.3		8.4		12.3		6.0		27.0
Net income from continuing operations	3.2		13.6		33.7		13.3		63.8
Net income (loss) from discontinued operations, net of income taxes	2.6		7.7		(0.3)		164.3		174.3

Net income	$	5.8	$	21.3	$	33.4	$	177.6	$	238.1

Net income per common share
Basic:
Continuing operations	$	0.02	$	0.09	$	0.21	$	0.08	$	0.40
Discontinued operations	$	0.02	$	0.04	$	—	$	1.03	$	1.09
Net income	$	0.04	$	0.13	$	0.21	$	1.11	$	1.49
Diluted:
Continuing operations	$	0.02	$	0.09	$	0.21	$	0.08	$	0.40
Discontinued operations	$	0.02	$	0.04	$	—	$	1.03	$	1.08
Net income	$	0.04	$	0.13	$	0.21	$	1.11	$	1.48


	For the Fiscal Year Ended December 31, 2022
(in millions of U.S. dollars, except per share amounts)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Revenue, net	$	399.9	$	440.3	$	447.9	$	405.1	$	1,693.2
Cost of sales	165.9		177.1		174.6		156.4		674.0
Gross profit	234.0		263.2		273.3		248.7		1,019.2
Selling, general and administrative expenses	211.6		222.9		228.0		221.3		883.8
Loss on disposal of property, plant and equipment, net	1.4		0.2		2.5		3.3		7.4
Acquisition and integration expenses	3.0		4.0		2.5		2.6		12.1
Impairment charges	—		11.2		—		—		11.2
Gain on sale of property	—		—		—		(38.8)		(38.8)
Operating income	18.0		24.9		40.3		60.3		143.5
Other (income) expense, net	(1.4)		(0.9)		2.0		(2.2)		(2.5)
Interest expense, net	16.4		16.6		16.6		18.2		67.8
Income from continuing operations before taxes	3.0		9.2		21.7		44.3		78.2
Income tax expense	2.2		1.2		6.6		9.5		19.5
Net income from continuing operations	0.8		8.0		15.1		34.8		58.7
Net (loss) income from discontinued operations, net of income taxes	(7.5)		(30.5)		(13.8)		22.7		(29.1)
Net (loss) income	$	(6.7)	$	(22.5)	$	1.3	$	57.5	$	29.6

Net (loss) income per common share
Basic:
Continuing operations	$	—	$	0.05	$	0.09	$	0.22	$	0.36
Discontinued operations	$	(0.04)	$	(0.19)	$	(0.08)	$	0.14	$	(0.18)
Net (loss) income	$	(0.04)	$	(0.14)	$	0.01	$	0.36	$	0.18
Diluted:
Continuing operations	$	—	$	0.05	$	0.09	$	0.22	$	0.36
Discontinued operations	$	(0.04)	$	(0.19)	$	(0.08)	$	0.14	$	(0.18)
Net (loss) income	$	(0.04)	$	(0.14)	$	0.01	$	0.36	$	0.18