Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Current assets    
Cash and cash equivalents $ 173.6 $ 149.3
Accounts receivable, less allowance for credit losses of $14.6 and $18.1, as of June 28, 2025 and December 28, 2024, respectively 114.4 136.5
Contract assets 28.9 23.2
Inventories 53.9 53.3
Prepaid expenses 8.8 7.2
Other current assets 18.2 16.0
Total current assets 397.8 385.5
Property, plant, and equipment, net 65.1 56.8
Right-of-use assets, net 58.5 59.7
Intangible assets, net 358.2 373.5
Goodwill 384.0 383.1
Deferred tax assets, net 33.9 36.9
Other assets 5.0 5.8
Total assets 1,302.5 1,301.3
Current liabilities    
Accounts payable 67.1 53.9
Contract liabilities 16.4 17.9
Current maturities of long-term debt 7.5 8.8
Accrued expenses and other current liabilities 61.4 56.2
Total current liabilities 152.4 136.8
Long-term debt, net 543.2 583.2
Deferred tax liabilities, net 3.8 1.7
Other long-term liabilities 59.3 60.8
Total liabilities 758.7 782.5
STOCKHOLDERS’ EQUITY    
Common stock, 825,000,000 shares authorized, $0.0001 par value, 148,329,835 and 147,280,524 shares issued as of June 28, 2025 and December 28, 2024, respectively 0.0 0.0
Treasury stock, at cost, 9,466,039 and 7,276,549 shares as of June 28, 2025 and December 28, 2024, respectively (99.3) (81.4)
Additional paid-in capital 308.1 299.7
Accumulated other comprehensive loss (0.8) (3.8)
Retained earnings 335.8 304.3
Total stockholders’ equity 543.8 518.8
Total liabilities and stockholders’ equity $ 1,302.5 $ 1,301.3