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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 25, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 81.3 $ 349.4
Accounts receivable, net 105.7 93.9
Unbilled receivables, net 222.8 190.8
Inventoried costs 125.5 91.7
Prepaid expenses 11.9 9.8
Other current assets 35.4 22.5
Total current assets 582.6 758.1
Property, plant and equipment, net 213.1 168.3
Operating lease right-of-use assets 47.4 38.5
Goodwill 558.2 493.9
Intangible assets, net 55.2 43.2
Other assets 95.0 87.5
Total assets 1,551.5 1,589.5
Current liabilities:    
Accounts payable 57.3 50.4
Accrued expenses 33.8 27.2
Accrued compensation 52.2 47.3
Accrued interest 1.5 1.5
Billings in excess of costs and earnings on uncompleted contracts 62.1 58.1
Current portion of operating lease liabilities 10.8 10.1
Other current liabilities 15.6 25.7
Current liabilities of discontinued operations 0.9 0.8
Total current liabilities 234.2 221.1
Long-term debt 250.2 296.7
Operating lease liabilities, net of current portion 40.8 32.7
Other long-term liabilities 77.4 76.2
Long-term liabilities of discontinued operations 1.4 2.5
Total liabilities 604.0 629.2
Commitments and contingencies
Redeemable noncontrolling interest 11.2 15.2
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 25, 2022 and December 26, 2021 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 125,985,306 and 123,987,424 shares issued and outstanding at December 25, 2022 and December 26, 2021, respectively 0.0 0.0
Additional paid-in capital 1,608.4 1,578.9
Accumulated other comprehensive income (loss) (0.8) 0.6
Accumulated deficit (671.3) (634.4)
Total stockholders’ equity 936.3 945.1
Total liabilities and stockholders’ equity $ 1,551.5 $ 1,589.5