XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Revenue, net $ 593.3 $ 571.4 $ 1,139.8 $ 1,097.5
Cost of sales 225.0 239.1 443.2 465.6
Gross profit 368.3 332.3 696.6 631.9
Selling, general and administrative expenses 317.7 291.6 621.2 569.9
Loss on disposal of property, plant and equipment, net 1.2 0.1 2.5 1.8
Acquisition and integration expenses 1.8 4.9 3.8 9.2
Impairment charges 0.0 29.1 0.0 29.1
Operating income 47.6 6.6 69.1 21.9
Other (income) expense, net (4.5) 10.7 (10.8) 13.4
Interest expense, net 19.8 17.0 38.6 33.9
Income (loss) before income taxes 32.3 (21.1) 41.3 (25.4)
Income tax expense 11.0 1.4 14.2 3.8
Net income (loss) $ 21.3 $ (22.5) $ 27.1 $ (29.2)
Net income (loss) per common share        
Basic (in USD per share) $ 0.13 $ (0.14) $ 0.17 $ (0.18)
Diluted (in USD per share) $ 0.13 $ (0.14) $ 0.17 $ (0.18)
Weighted average common shares outstanding (in thousands)        
Basic (in shares) 159,196 161,149 159,465 161,038
Diluted (in shares) 159,900 161,149 160,332 161,038