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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 72.8 $ 81.3
Accounts receivable, net 128.8 105.7
Unbilled receivables, net 200.4 222.8
Inventoried costs 156.2 125.5
Prepaid expenses 16.0 11.9
Other current assets 20.0 35.4
Total current assets 594.2 582.6
Property, plant and equipment, net 243.6 213.1
Operating lease right-of-use assets 45.7 47.4
Goodwill 569.1 558.2
Intangible assets, net 62.4 55.2
Other assets 117.5 95.0
Total assets 1,632.5 1,551.5
Current liabilities:    
Accounts payable 63.1 57.3
Accrued expenses 35.4 33.8
Accrued compensation 64.7 52.2
Accrued interest 1.7 1.5
Billings in excess of costs and earnings on uncompleted contracts 101.8 62.1
Current portion of operating lease liabilities 12.1 10.8
Other current liabilities 12.8 15.6
Current liabilities of discontinued operations 0.9 0.9
Total current liabilities 292.5 234.2
Long-term debt 219.3 250.2
Operating lease liabilities, net of current portion 37.8 40.8
Other long-term liabilities 83.3 77.4
Long-term liabilities of discontinued operations 1.1 1.4
Total liabilities 634.0 604.0
Commitments and contingencies
Redeemable noncontrolling interest 22.5 11.2
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 31, 2023 and December 25, 2022 0.0 0.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 129,286,964 and 125,985,306 shares issued and outstanding at December 31, 2023 and December 25, 2022, respectively 0.0 0.0
Additional paid-in capital 1,654.5 1,608.4
Accumulated other comprehensive income (loss) 1.7 (0.8)
Accumulated deficit (680.2) (671.3)
Total stockholders’ equity 976.0 936.3
Total liabilities and stockholders’ equity $ 1,632.5 $ 1,551.5