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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 26, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 46.7 $ 81.3
Accounts receivable, net 143.9 105.7
Unbilled receivables, net 209.9 222.8
Inventoried costs 134.0 125.5
Prepaid expenses 14.3 11.9
Other current assets 39.3 35.4
Total current assets 588.1 582.6
Property, plant and equipment, net 213.6 213.1
Operating lease right-of-use assets 46.6 47.4
Goodwill 558.2 558.2
Intangible assets, net 53.6 55.2
Other assets 97.0 95.0
Total assets 1,557.1 1,551.5
Current liabilities:    
Accounts payable 54.9 57.3
Accrued expenses 35.9 33.8
Accrued compensation 56.2 52.2
Accrued interest 1.5 1.5
Billings in excess of costs and earnings on uncompleted contracts 65.2 62.1
Current portion of operating lease liabilities 11.1 10.8
Other current liabilities 19.3 15.6
Current liabilities of discontinued operations 0.9 0.9
Total current liabilities 245.0 234.2
Long-term debt, net of current portion 250.3 250.2
Operating lease liabilities, net of current portion 40.0 40.8
Other long-term liabilities 76.8 77.4
Long-term liabilities of discontinued operations 1.4 1.4
Total liabilities 613.5 604.0
Commitments and contingencies
Redeemable noncontrolling interest 12.4 11.2
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at March 26, 2023 and December 25, 2022 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 126,678,288 and 125,985,306 shares issued and outstanding at March 26, 2023 and December 25, 2022, respectively 0.0 0.0
Additional paid-in capital 1,610.0 1,608.4
Accumulated other comprehensive loss (0.5) (0.8)
Accumulated deficit (678.3) (671.3)
Total stockholders’ equity 931.2 936.3
Total liabilities and stockholders’ equity $ 1,557.1 $ 1,551.5