XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Revenues $ 354.0 $ 296.6 $ 661.1 $ 583.8
Costs and expenses:        
Cost of products sold 229.4 194.3 432.5 377.1
Selling, general and administrative 88.3 75.4 172.5 150.6
Intangible amortization 7.1 6.5 16.4 10.5
Special charges, net 0.1 0.6 0.1 0.8
Other operating expense, net 1.9 2.7 1.0 2.7
Operating income 27.2 17.1 38.6 42.1
Other income (expense), net (1.7) 6.4 4.8 13.8
Interest expense (2.3) (3.4) (4.7) (7.6)
Interest income 0.3 0.0 0.4 0.1
Income from continuing operations before income taxes 23.5 20.1 39.1 48.4
Income tax provision (4.4) (2.4) (7.0) (7.7)
Income from continuing operations 19.1 17.7 32.1 40.7
Income from discontinued operations, net of tax 0.0 40.1 0.0 44.7
Income (loss) on disposition of discontinued operations, net of tax (6.1) 4.1 (7.7) 3.3
Income (loss) from discontinued operations, net of tax (6.1) 44.2 (7.7) 48.0
Net income $ 13.0 $ 61.9 $ 24.4 $ 88.7
Basic income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.42 $ 0.39 $ 0.71 $ 0.90
Income (loss) from discontinued operations (in dollars per share) (0.13) 0.98 (0.17) 1.06
Net income per share (in dollars per share) $ 0.29 $ 1.37 $ 0.54 $ 1.96
Weighted-average number of common shares outstanding — basic (in shares) 45,444 45,271 45,500 45,201
Diluted income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.41 $ 0.38 $ 0.69 $ 0.88
Income (loss) from discontinued operations (in dollars per share) (0.13) 0.95 (0.16) 1.03
Net income per share (in dollars per share) $ 0.28 $ 1.33 $ 0.53 $ 1.91
Weighted-average number of common shares outstanding — diluted (in shares) 46,289 46,545 46,370 46,408
Comprehensive income $ 0.1 $ 61.3 $ 14.5 $ 90.8