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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2024
Mar. 30, 2024
Current assets:    
Cash and cash equivalents $ 60.6 $ 63.5
Accounts receivable, net of allowances of $4.7 as of December 28, 2024 and $4.4 as of March 30, 2024 256.1 255.2
Inventory 656.9 622.8
Prepaid expenses and other current assets 29.7 24.0
Total current assets 1,003.3 965.5
Property, plant and equipment, net 357.7 361.0
Operating lease assets, net 46.4 41.4
Goodwill 1,871.6 1,874.9
Intangible assets, net 1,341.6 1,391.9
Other noncurrent assets 45.1 43.9
Total assets 4,665.7 4,678.6
Current liabilities:    
Accounts payable 130.1 116.2
Accrued expenses and other current liabilities 152.9 167.3
Current operating lease liabilities 8.0 7.0
Current portion of long-term debt 1.7 3.8
Total current liabilities 292.7 294.3
Long-term debt, less current portion 999.7 1,188.1
Noncurrent operating lease liabilities 39.1 35.3
Deferred income taxes 270.9 284.2
Other noncurrent liabilities 124.1 124.8
Total liabilities 1,726.5 1,926.7
Stockholders’ equity:    
Preferred stock, $.01 par value; authorized shares: 10,000,000 as of December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 0 and 4,600,000 as of December 28, 2024 and March 30, 2024, respectively 0.0
Common stock, $.01 par value; authorized shares: 60,000,000 at December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 32,488,692 and 30,227,444 as of December 28, 2024 and March 30, 2024, respectively 0.3 0.3
Additional paid-in capital 1,666.7 1,625.2
Accumulated other comprehensive income/(loss) (6.0) 0.7
Retained earnings 1,377.9 1,216.8
Treasury stock, at cost: 1,044,147 shares and 1,015,053 shares as of December 28, 2024 and March 30, 2024, respectively (99.7) (91.1)
Total stockholders’ equity 2,939.2 2,751.9
Total liabilities and stockholders’ equity $ 4,665.7 $ 4,678.6