Stock Transactions And Stock-Based Compensation (Tables)

9 Months Ended

Sep. 27, 2019

Share-based Payment Arrangement [Abstract]

Summary of Share Activity

The following table summarizes the Company’s stock activity (shares in millions):

	Three-Month Period Ended		Nine-Month Period Ended
	September 27, 2019	September 28, 2018	September 27, 2019	September 28, 2018
Common stock - shares issued:
Balance, beginning of period	—	—	—	—
Shares issued to Danaher	127.9	—	127.9	—
Issuance of common stock	30.8	—	30.8	—
Balance, end of period	158.7	—	158.7	—

Components Of Stock-Based Compensation Program

The following summarizes the components of the Company’s stock-based compensation expense ($ in millions):

	Three-Month Period Ended						Nine-Month Period Ended
	September 27, 2019			September 28, 2018			September 27, 2019			September 28, 2018
RSUs/PSUs:
Pretax compensation expense	$	2.2		$	2.3		$	7.8		$	5.8
Income tax benefit	(0.4		)	(0.6		)	(1.7		)	(1.4		)
RSUs/PSUs expense, net of income taxes	1.8			1.7			6.1			4.4
Stock options:
Pretax compensation expense	1.4			1.4			4.7			3.7
Income tax benefit	(0.1		)	(0.3		)	(1.0		)	(0.8		)
Stock option expense, net of income taxes	1.3			1.1			3.7			2.9
Total stock-based compensation:
Pretax compensation expense	3.6			3.7			12.5			9.5
Income tax benefit	(0.5		)	(0.9		)	(2.7		)	(2.2		)
Total stock-based compensation expense, net of income taxes	$	3.1		$	2.8		$	9.8		$	7.3