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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2025
Mar. 29, 2024
Cash flows from operating activities:    
Net income $ 18.0 $ 23.6
Noncash items:    
Depreciation 9.1 9.5
Amortization 18.8 22.6
Allowance for credit losses 1.3 4.5
Stock-based compensation expense 7.1 11.0
Loss on investments in rabbi trust, net 0.6 0.0
Restructuring charges 0.2 (0.2)
Fixed assets impairments and other charges 0.0 0.8
Non-cash operating lease costs 8.4 7.3
Amortization of debt discount and issuance costs 1.1 1.2
Change in trade accounts receivable (21.3) (16.3)
Change in inventories (10.1) (12.2)
Change in trade accounts payable (15.1) (2.7)
Change in prepaid expenses and other assets (7.8) (3.8)
Change in accrued expenses and other liabilities 0.8 4.3
Change in operating lease liabilities (10.8) (9.3)
Net cash provided by operating activities 0.3 40.3
Cash flows from investing activities:    
Payments for additions to property, plant and equipment (5.9) (11.0)
Purchases of investments held in rabbi trust (0.7) 0.0
Proceeds from sale of investments held in rabbi trust 0.7 0.0
Proceeds from sales of property, plant and equipment 0.5 0.0
All other investing activities, net (3.4) 0.3
Net cash used in investing activities (8.8) (10.7)
Cash flows from financing activities:    
Proceeds from stock option exercises 0.8 1.3
Cash paid for treasury stock (14.6) 0.0
Tax withholding payment related to net settlement of equity awards (3.8) (3.3)
All other financing activities 0.0 (0.6)
Net cash used in financing activities (17.6) (2.6)
Effect of exchange rate changes on cash and cash equivalents 34.3 (18.5)
Net change in cash and cash equivalents 8.2 8.5
Beginning balance of cash and cash equivalents 1,069.1 940.0
Ending balance of cash and cash equivalents 1,077.3 948.5
Supplemental data:    
Cash paid for interest 13.4 16.7
Cash paid for taxes 5.2 3.8
Treasury stock purchases in accrued liabilities 4.3 0.0
ROU assets obtained in exchange for operating lease obligations $ 1.2 $ 11.5