Condensed Consolidating Financial Statements (Tables)

12 Months Ended

Dec. 29, 2013

Condensed Consolidating Financial Statements [Abstract]

Schedule of Condensed Balance Sheet

Condensed Consolidating Balance Sheet December 30, 2012 (in millions)
	Parent Company		Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis		Eliminations			Consolidated
Assets
Current Assets:
Cash and cash equivalents	$	37.8	$	(4.0	)	$	15.2	$	—		$	49.0
Accounts receivable, net	—		253.5			18.4		—			271.9
Amounts due from affiliated companies	480.2		—			—		(480.2		)	—
Inventoried costs	—		75.4			18.9		—			94.3
Other current assets	9.1		28.0			3.1		—			40.2
Total current assets	527.1		352.9			55.6		(480.2		)	455.4
Property, plant and equipment, net	1.3		74.7			9.6		—			85.6
Goodwill	—		574.7			21.7		—			596.4
Intangible assets, net	—		103.4			2.7		—			106.1
Investment in subsidiaries	439.8		28.8			—		(468.6		)	—
Amounts due from affiliated companies	—		24.0			—		(24.0		)	—
Other assets	17.6		22.4			0.4		—			40.4
Total assets	$	985.8	$	1,180.9		$	90.0	$	(972.8	)	$	1,283.9
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	2.8	$	75.2		$	5.6	$	—		$	83.6
Accrued expenses	7.0		42.3			3.4		—			52.7
Accrued compensation	2.9		41.8			3.1		—			47.8
Billings in excess of costs and earnings on uncompleted contracts	—		40.5			3.2		—			43.7
Deferred tax liability	—		28.9			—		—			28.9
Amounts due to affiliated companies	—		455.1			25.1		(480.2		)	—
Other current liabilities	1.1		19.1			1.9		—			22.1
Total current liabilities	13.8		702.9			42.3		(480.2		)	278.8
Long-term debt, net of current portion	643.6		—			4.8		—			648.4
Deferred tax liability	—		—			—		—			—
Amounts due to affiliated companies	—		—			24.0		(24.0		)	—
Other long-term liabilities	4.3		26.2			2.1		—			32.6
Total liabilities	661.7		729.1			73.2		(504.2		)	959.8
Total stockholders' equity	324.1		451.8			16.8		(468.6		)	324.1
Total liabilities and stockholders' equity	$	985.8	$	1,180.9		$	90.0	$	(972.8	)	$	1,283.9

Condensed Consolidating Balance Sheet December 29, 2013 (in millions)
	Parent Company		Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Assets
Current Assets:
Cash and cash equivalents	$	42.7	$	(3.0	)	$	16.0		$	—		$	55.7
Accounts receivable, net	—		238.6			27.2			—			265.8
Amounts due from affiliated companies	410.2		—			—			(410.2		)	—
Inventoried costs	—		59.1			15.5			—			74.6
Other current assets	10.7		19.4			4.1			—			34.2
Total current assets	463.6		314.1			62.8			(410.2		)	430.3
Amounts due from affiliated companies, long-term	—		24.0			—			(24.0		)	—
Property, plant and equipment, net	2.1		71.9			10.8			—			84.8
Goodwill	—		574.8			21.6			—			596.4
Intangible assets, net	—		68.5			1.4			—			69.9
Investment in subsidiaries	474.2		36.7			—			(510.9		)	—
Other assets	12.9		23.0			(0.7		)	—			35.2
Total assets	$	952.8	$	1,113.0		$	95.9		$	(945.1	)	$	1,216.6
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	2.8	$	54.1		$	5.0		$	—		$	61.9
Accrued expenses	6.6		40.9			3.9			—			51.4
Accrued compensation	4.0		36.9			4.0			—			44.9
Billings in excess of costs and earnings on uncompleted contracts	—		45.4			7.1			—			52.5
Deferred income tax liability	—		28.4			—			—			28.4
Amounts due to affiliated companies	—		390.2			20.0			(410.2		)	—
Other current liabilities	1.3		9.5			1.1			—			11.9
Total current liabilities	14.7		605.4			41.1			(410.2		)	251.0
Long-term debt, net of current portion	639.5		—			3.8			—			643.3
Amounts due to affiliated companies	—		—			24.0			(24.0		)	—
Other long-term liabilities	2.8		21.4			2.3			—			26.5
Total liabilities	657.0		626.8			71.2			(434.2		)	920.8
Total stockholders' equity	295.8		486.2			24.7			(510.9		)	295.8
Total liabilities and stockholders' equity	$	952.8	$	1,113.0		$	95.9		$	(945.1	)	$	1,216.6

Schedule of Condensed Statement of Operations and Comprehensive Income

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 25, 2011 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Service revenues	$	—		$	349.3		$	1.7		$	—		$	351.0
Product sales	—			327.4			46.9			(11.4		)	362.9
Total revenues	—			676.7			48.6			(11.4		)	713.9
Cost of service revenues	—			259.2			1.5			—			260.7
Cost of product sales	—			242.5			30.9			(11.4		)	262.0
Total costs	—			501.7			32.4			(11.4		)	522.7
Gross profit	—			175.0			16.2			—			191.2
Selling, general and administrative expenses	15.9			122.3			14.9			—			153.1
Research and development expenses	—			7.9			0.7			—			8.6
Operating income (loss) from continuing operations	(15.9		)	44.8			0.6			—			29.5
Other income (expense):
Interest expense, net	(50.8		)	0.1			(0.4		)	—			(51.1		)
Other income, net	0.3			0.4			(0.7		)	—			—
Total other income and expense, net	(50.5		)	0.5			(1.1		)	—			(51.1		)
Income (loss) from continuing operations before income taxes	(66.4		)	45.3			(0.5		)	—			(21.6		)
Provision (benefit) for income taxes from continuing operations	—			3.0			(1.1		)	—			1.9
Income (loss) from continuing operations	(66.4		)	42.3			0.6			—			(23.5		)
Income (loss) from discontinued operations	—			(0.8		)	0.1			—			(0.7		)
Equity in net income (loss) of subsidiaries	42.2			0.5			—			(42.7		)	—
Net income (loss)	$	(24.2	)	$	42.0		$	0.7		$	(42.7	)	$	(24.2	)
Comprehensive income (loss)	$	(24.4	)	$	41.7		$	0.8		$	(42.5	)	$	(24.4	)

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 30, 2012 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Service revenues	$	—		$	448.5		$	1.5		$	—		$	450.0
Product sales	—			470.0			64.5			(15.3		)	519.2
Total revenues	—			918.5			66.0			(15.3		)	969.2
Cost of service revenues	—			350.0			0.8			—			350.8
Cost of product sales	—			333.8			42.7			(15.3		)	361.2
Total costs	—			683.8			43.5			(15.3		)	712.0
Gross profit	—			234.7			22.5			—			257.2
Selling, general and administrative expenses	7.4			171.2			13.9			—			192.5
Impairment of goodwill and intangibles	—			96.6			—			—			96.6
Research and development expenses	—			16.9			0.9			—			17.8
Operating income (loss) from continuing operations	(7.4		)	(50.0		)	7.7			—			(49.7		)
Other income (expense):
Interest expense, net	(65.9		)	0.3			(0.5		)	—			(66.1		)
Other income, net	0.3			0.1			0.9			—			1.3
Total other income and expense, net	(65.6		)	0.4			0.4			—			(64.8		)
Income (loss) from continuing operations before income taxes	(73.0		)	(49.6		)	8.1			—			(114.5		)
Provision (benefit) for income taxes from continuing operations	20.8			(22.8		)	0.4			—			(1.6		)
Income (loss) from continuing operations	(93.8		)	(26.8		)	7.7			—			(112.9		)
Income (loss) from discontinued operations	(0.1		)	(2.2		)	0.8			—			(1.5		)
Equity in net income (loss) of subsidiaries	(20.5		)	8.3			—			12.2			—
Net income (loss)	$	(114.4	)	$	(20.7	)	$	8.5		$	12.2		$	(114.4	)
Comprehensive income (loss)	$	(115.0	)	$	20.9		$	9.4		$	11.5		$	(115.0	)

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Year Ended December 29, 2013 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Service revenues	—			438.2			5.4			—			443.6
Product sales	—			448.6			75.3			(16.9		)	507.0
Total revenues	—			886.8			80.7			(16.9		)	950.6
Cost of service revenues	—			331.3			3.9			—			335.2
Cost of product sales	—			338.9			53.4			(16.9		)	375.4
Total costs	—			670.2			57.3			(16.9		)	710.6
Gross profit	—			216.6			23.4			—			240.0
Selling, general and administrative expenses	5.5			167.2			14.1			—			186.8
Impairment of goodwill and intangibles	—			—			—			—			—
Research and development expenses	—			20.2			1.2			—			21.4
Operating income (loss) from continuing operations	(5.5		)	29.2			8.1			—			31.8
Other income (expense):
Interest expense, net	(65.6		)	2.3			(0.4		)	—			(63.7		)
Other income, net	—			(0.3		)	0.3			—			—
Total other income and expense, net	(65.6		)	2.0			(0.1		)	—			(63.7		)
Income (loss) from continuing operations before income taxes	(71.1		)	31.2			8.0			—			(31.9		)
Provision (benefit) for income taxes from continuing operations	0.6			(0.7		)	0.1			—			—
Income (loss) from continuing operations	(71.7		)	31.9			7.9			—			(31.9		)
Income (loss) from discontinued operations	0.1			(5.4		)	—			—			(5.3		)
Equity in net income (loss) of subsidiaries	34.4			7.9			—			(42.3		)	—
Net income (loss)	$	(37.2	)	$	34.4		$	7.9		$	(42.3	)	$	(37.2	)
Comprehensive income (loss)	$	(37.2	)	$	34.4		$	7.9		$	(42.3	)	$	(37.2	)

Schedule of Condensed Cash Flow Statement

Condensed Consolidating Statement of Cash Flows Year Ended December 25, 2011 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	(55.1	)	$	60.5		$	(0.2	)	$	—		$	5.2
Investing activities:
Cash paid for acquisitions, net of cash acquired	(421.0		)	18.0			11.9			—			(391.1		)
Decrease in restricted cash	1.4			1.6			—			—			3.0
Investment in affiliated companies	—			(68.6		)	—			68.6			—
Capital expenditures	(0.2		)	(6.3		)	(1.0		)	—			(7.5		)
Net cash provided by (used in) investing activities from continuing operations	(419.8		)	(55.3		)	10.9			68.6			(395.6		)
Financing activities:
Proceeds from the issuance of common stock	61.1			—			—			—			61.1
Proceeds from the issuance of long-term debt	425.7			—			—			—			425.7
Debt issuance costs paid	(22.1		)	—			—			—			(22.1		)
Purchase of treasury stock	(10.9		)	—			—			—			(10.9		)
Repayment of debt	—			(2.6		)	(0.8		)	—			(3.4		)
Financing from affiliated companies	63.6			—			5.0			(68.6		)	—
Other, net	2.0			—			—			—			2.0
Net cash provided by (used in) financing activities from continuing operations	519.4			(2.6		)	4.2			(68.6		)	452.4
Net cash flows of continuing operations	44.5			2.6			14.9			—			62.0
Net operating cash flows from discontinued operations	—			(2.2		)	(0.5		)	—			(2.7		)
Effect of exchange rate changes on cash and cash equivalents	—			(0.3		)	(0.2		)				(0.5		)
Net increase in cash and cash equivalents	$	44.5		$	0.1		$	14.2		$	—		$	58.8

Condensed Consolidating Statement of Cash Flows Year Ended December 30, 2012 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	(98.2	)	$	144.5		$	6.0		$	—		$	52.3
Investing activities:				—			—
Cash paid for acquisitions, net of cash acquired	2.3			(151.7		)	—			—			(149.4		)
Decrease in restricted cash	—			0.6			—			—			0.6
Investment in affiliated companies	(10.8		)	—			(2.0		)	12.8			—
Capital expenditures	(0.5		)	(14.2		)	(1.9		)	—			(16.6		)
Other, net	—			0.3			—			—			0.3
Net cash provided by (used in) investing activities from continuing operations	(9.0		)	(165.0		)	(3.9		)	12.8			(165.1		)
Financing activities:
Proceeds from the issuance of common stock	97.0			—			—			—			97.0
Debt issuance costs paid	(1.2		)	—			—			—			(1.2		)
Repayment of debt	—			(0.5		)	(1.0		)	—			(1.5		)
Financings from affiliated companies	—			12.8			—			(12.8		)	—
Other, net	(3.4		)	—			—			—			(3.4		)
Net cash provided by (used in) financing activities from continuing operations	92.4			12.3			(1.0		)	(12.8		)	90.9
Net cash flows of continuing operations	(14.8		)	(8.2		)	1.1			—			(21.9		)
Net operating cash flows from discontinued operations	—			1.3			—			—			1.3
Effect of exchange rate changes on cash and cash equivalents	—			—			—						—
Net increase (decrease) in cash and cash equivalents	$	(14.8	)	$	(6.9	)	$	1.1		$	—		$	(20.6	)

Condensed Consolidating Statement of Cash Flows Year Ended December 29, 2013 (in millions)
	Parent Company			Guarantors on a Combined Basis			Non-Guarantors on a Combined Basis			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	(65.9	)	$	87.5		$	1.0		$	—		$	22.6
Investing activities:				—			—
Cash paid for acquisitions, net of cash acquired	—			2.2			—			—			2.2
Decrease in restricted cash	—			0.4			—			—			0.4
Proceeds from the sale of discontinued operations	—			1.3			—			—			1.3
Investment in affiliated companies	—			(74.8		)	—			74.8			—
Capital Expenditures	(1.4		)	(12.3		)	(2.9		)	—			(16.6		)
Net cash provided by (used in) investing activities from continuing operations	(1.4		)	(83.2		)	(2.9		)	74.8			(12.7		)
Financing activities:
Cash paid for contingent acquisition consideration	—			(2.1		)	—			—			(2.1		)
Repayment of debt	—			—			(1.0		)	—			(1.0		)
Purchase of ESPP shares	1.1			—			—			—			1.1
Financings from affiliated companies	71.1			—			3.7			(74.8		)	—
Other, net	—			—			—			—			—
Net cash provided by (used in) financing activities from continuing operations	72.2			(2.1		)	2.7			(74.8		)	(2.0		)
Net cash flows of continuing operations	4.9			2.2			0.8			—			7.9
Net operating cash flows from discontinued operations	—			(1.3		)	—			—			(1.3		)
Effect of exchange rate changes on cash and cash equivalents	—			—			0.1			—			0.1
Net increase (decrease) in cash and cash equivalents	$	4.9		$	0.9		$	0.9		$	—		$	6.7