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STOCKHOLDERS' EQUITY AND LONG-TERM INCENTIVE COMPENSATION (Tables)
 9 Months Ended
Oct. 01, 2022
Equity [Abstract]  
Weighted-Average Shares Outstanding Used in Computation of Basic and Diluted Income per Share
The following table sets forth the number of weighted-average shares outstanding used in the computation of basic and diluted income per share:
 Three months endedNine months ended
October 1,
2022		October 2,
2021		October 1,
2022		October 2,
2021
Weighted-average number of common shares used in basic income per share45.144 45.331 45.382 45.244 
Dilutive securities — Employee stock options and restricted stock units0.988 1.319 0.871 1.211 
Weighted-average number of common shares and dilutive securities used in diluted income per share46.132 46.650 46.253 46.455 
Schedule of Changes in Components of Accumulated Other Comprehensive Income, Net of Tax,
The changes in the components of accumulated other comprehensive income, net of tax, for the three months ended October 1, 2022 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$236.3 $8.6 $9.1 $254.0 
Other comprehensive income (loss) before reclassifications(19.2)3.9 — (15.3)
Amounts reclassified from accumulated other comprehensive income— (0.7)(0.8)(1.5)
Current-period other comprehensive income (loss)(19.2)3.2 (0.8)(16.8)
Balance at end of period$217.1 $11.8 $8.3 $237.2 
__________________________
(1)Net of tax provision of $4.0 and $2.9 as of October 1, 2022 and July 2, 2022, respectively.
(2)Net of tax provision of $3.0 and $3.2 as of October 1, 2022 and July 2, 2022, respectively. The balances as of October 1, 2022 and July 2, 2022 include unamortized prior service credits.
The changes in the components of accumulated other comprehensive income, net of tax, for the nine months ended October 1, 2022 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$252.7 $0.5 $10.7 $263.9 
Other comprehensive income (loss) before reclassifications(35.6)11.5 0.1 (24.0)
Amounts reclassified from accumulated other comprehensive income— (0.2)(2.5)(2.7)
Current-period other comprehensive income (loss)(35.6)11.3 (2.4)(26.7)
Balance at end of period$217.1 $11.8 $8.3 $237.2 
__________________________
(1)Net of tax provision of $4.0 and $0.1 as of October 1, 2022 and December 31, 2021, respectively.
(2)Net of tax provision of $3.0 and $3.7 as of October 1, 2022 and December 31, 2021, respectively. The balances as of October 1, 2022 and December 31, 2021 include unamortized prior service credits.
The changes in the components of accumulated other comprehensive income, net of tax, for the three months ended October 2, 2021 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized
 Losses
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$240.1 $(2.0)$12.5 $250.6 
Other comprehensive loss before reclassifications(5.0)(0.4)— (5.4)
Amounts reclassified from accumulated other comprehensive income (loss)— 0.2 (0.9)(0.7)
Current-period other comprehensive loss(5.0)(0.2)(0.9)(6.1)
Balance at end of period$235.1 $(2.2)$11.6 $244.5 
__________________________
(1)Net of tax benefit of $0.7 as of October 2, 2021 and July 3, 2021, respectively.
(2)Net of tax provision of $4.0 and $4.3 as of October 2, 2021 and July 3, 2021, respectively. The balances as of October 2, 2021 and July 3, 2021 include unamortized prior service credits.
The changes in the components of accumulated other comprehensive income, net of tax, for the nine months ended October 2, 2021 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized
 Losses
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$238.6 $(4.4)$14.3 $248.5 
Other comprehensive income (loss) before reclassifications(3.5)3.1 — (0.4)
Amounts reclassified from accumulated other comprehensive income (loss)— (0.9)(2.7)(3.6)
Current-period other comprehensive income (loss)(3.5)2.2 (2.7)(4.0)
Balance at end of period$235.1 $(2.2)$11.6 $244.5 
__________________________
(1)Net of tax benefit of $0.7 and $1.4 as of October 2, 2021 and December 31, 2020, respectively.
(2)Net of tax provision of $4.0 and $4.9 as of October 2, 2021 and December 31, 2020, respectively. The balances as of October 2, 2021 and December 31, 2020 include unamortized prior service credits.
Schedule of Amounts Reclassified from Each Component of Other Comprehensive Income (Loss)
The following summarizes amounts reclassified from each component of accumulated other comprehensive income for the three months ended October 1, 2022 and October 2, 2021:
Amount Reclassified from AOCI 
Three months ended
October 1, 2022October 2, 2021Affected Line Item in the Condensed
Consolidated Statements of Operations
(Gains) losses on qualifying cash flow hedges:   
FX forward contracts$(0.2)$— Revenues
Commodity contracts— (0.3)Income from discontinued operations, net of tax
Swaps(0.7)0.6 Interest expense
Pre-tax(0.9)0.3  
Income taxes0.2 (0.1) 
 $(0.7)$0.2  
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(1.1)$(1.2)Other income (expense), net
Income taxes0.3 0.3  
 $(0.8)$(0.9) 
The following summarizes amounts reclassified from each component of accumulated other comprehensive income for the nine months ended October 1, 2022 and October 2, 2021:
Amount Reclassified from AOCI 
Nine months ended
October 1, 2022October 2, 2021Affected Line Item in the Condensed
Consolidated Statements of Operations
(Gains) losses on qualifying cash flow hedges:   
FX forward contracts$(0.2)$— Revenues
Commodity contracts— (3.8)Income from discontinued operations, net of tax
Swaps— 2.6 Interest expense
Pre-tax(0.2)(1.2) 
Income taxes— 0.3  
 $(0.2)$(0.9) 
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(3.3)$(3.6)Other income (expense), net
Income taxes0.8 0.9  
 $(2.5)$(2.7)