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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 01, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 42.2 $ 81.3
Accounts receivable, net 128.2 105.7
Unbilled receivables, net 223.7 222.8
Inventoried costs 150.1 125.5
Prepaid expenses 18.3 11.9
Other current assets 41.9 35.4
Total current assets 604.4 582.6
Property, plant and equipment, net 227.3 213.1
Operating lease right-of-use assets 50.6 47.4
Goodwill 558.2 558.2
Intangible assets, net 50.7 55.2
Other assets 99.6 95.0
Total assets 1,590.8 1,551.5
Current liabilities:    
Accounts payable 57.4 57.3
Accrued expenses 40.3 33.8
Accrued compensation 55.2 52.2
Accrued interest 1.8 1.5
Billings in excess of costs and earnings on uncompleted contracts 79.4 62.1
Current portion of operating lease liabilities 12.1 10.8
Other current liabilities 15.9 15.6
Current liabilities of discontinued operations 0.9 0.9
Total current liabilities 263.0 234.2
Long-term debt, net of current portion 234.2 250.2
Operating lease liabilities, net of current portion 43.0 40.8
Other long-term liabilities 76.8 77.4
Long-term liabilities of discontinued operations 1.1 1.4
Total liabilities 618.1 604.0
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 19.3 11.2
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at October 1, 2023 and December 25, 2022 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 128,072,596 and 125,985,306 shares issued and outstanding at October 1, 2023 and December 25, 2022, respectively 0.0 0.0
Additional paid-in capital 1,633.5 1,608.4
Accumulated other comprehensive income (loss) 2.5 (0.8)
Accumulated deficit (682.6) (671.3)
Total stockholders’ equity 953.4 936.3
Total liabilities and stockholders’ equity $ 1,590.8 $ 1,551.5