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Debt and Credit Facilities (Tables)
9 Months Ended
Sep. 26, 2025
Debt Disclosure [Abstract]  
Components of debt
The components of the Company’s debt were as follows, net of debt discount and debt issuance costs ($ in millions):
September 26, 2025December 31, 2024
Senior term loan facility due 2028 (the “2028 Term Loan”)
$427.6 $427.0 
Senior euro term loan facility due 2028 (the “2028 Euro Term Loan”)409.0 361.6 
Convertible senior notes due 2028 (the “2028 Convertible Notes”)
491.8 489.7 
Convertible senior notes due 2025 (the “2025 Convertible Notes”)
— 116.0 
Revolving credit facility due 2028 (the “Revolving Credit Facility”)117.0 — 
Total debt1,445.4 1,394.3 
Less: current portion— (116.0)
Long-term debt$1,445.4 $1,278.3 
Components of convertible debt
The following table sets forth total interest expense recognized related to convertible notes ($ in millions):
Three Months EndedNine Months Ended
September 26, 2025September 27, 2024September 26, 2025September 27, 2024
Contractual interest expense:
   2028 Convertible Notes$2.2 $2.2 $6.6 $6.6 
   2025 Convertible Notes— 0.7 1.2 2.1 
Amortization of debt issuance costs:
   2028 Convertible Notes0.7 0.7 2.1 2.1 
   2025 Convertible Notes— 0.1 0.3 0.5 
Total interest expense
$2.9 $3.7 $10.2 $11.3 
Components of unamortized debt discount and issuance costs
The remaining unamortized debt issuance costs for debt outstanding were as follows ($ in millions):
September 26, 2025December 31, 2024
2028 Convertible Notes$8.4 $10.5 
2025 Convertible Notes— 0.3 
2028 Term Loan2.4 3.0 
2028 Euro Term Loan0.6 0.8 
$11.4 $14.6