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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2026
Mar. 28, 2025
Cash flows from operating activities:    
Net income $ 38.7 $ 18.0
Noncash items:    
Depreciation 10.4 9.1
Amortization 18.8 18.8
Allowance for credit losses 4.4 1.3
Stock-based compensation expense 10.2 7.1
Loss on investments in rabbi trust, net 0.9 0.6
Loss on equity investments 2.0 0.0
Loss on sale of property, plant and equipment 0.1 0.0
Restructuring charges 0.0 0.2
Non-cash operating lease costs 9.1 8.4
Amortization of debt discount and issuance costs 1.0 1.1
Change in trade accounts receivable (13.3) (21.3)
Change in inventories (9.6) (10.1)
Change in trade accounts payable (21.4) (15.1)
Change in prepaid expenses and other assets (3.1) (7.8)
Change in accrued expenses and other liabilities (39.8) 0.8
Change in operating lease liabilities (11.7) (10.8)
Net cash (used in) provided by operating activities (3.3) 0.3
Cash flows from investing activities:    
Payments for additions to property, plant and equipment (12.5) (5.9)
Purchases of investments held in rabbi trust (3.4) (0.7)
Proceeds from sale of investments held in rabbi trust 0.5 0.7
Proceeds from sales of property, plant and equipment 0.1 0.5
Acquisitions, net of cash acquired (54.4) (3.6)
All other investing activities, net 0.8 0.2
Net cash used in investing activities (68.9) (8.8)
Cash flows from financing activities:    
Proceeds from stock option exercises 3.5 0.8
Cash paid for treasury stock under the stock repurchase program (42.7) (14.6)
Treasury stock purchases related to tax withholding on equity awards (6.0) (3.8)
All other financing activities (0.4) 0.0
Net cash used in financing activities (45.6) (17.6)
Effect of exchange rate changes on cash and cash equivalents (11.1) 34.3
Net change in cash and cash equivalents (128.9) 8.2
Beginning balance of cash and cash equivalents 1,211.7 1,069.1
Ending balance of cash and cash equivalents 1,082.8 1,077.3
Supplemental data:    
Cash paid for interest 11.6 13.4
Cash paid for taxes 10.6 5.2
Treasury stock purchases in accrued liabilities 0.0 4.3
ROU assets obtained in exchange for operating lease obligations $ 10.1 $ 1.2