Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Current Assets    
Cash and cash equivalents $ 178.9 $ 149.3
Accounts receivable, less allowance for credit losses of $12.4 and $18.1 as of September 27, 2025 and December 28, 2024, respectively 114.7 136.5
Contract assets 28.1 23.2
Inventories 63.0 53.3
Prepaid expenses 8.6 7.2
Other current assets 20.5 16.0
Total current assets 413.8 385.5
Property, plant, and equipment, net 68.5 56.8
Right-of-use assets, net 57.6 59.7
Intangible assets, net 350.0 373.5
Goodwill 383.8 383.1
Deferred tax assets, net 21.6 36.9
Other assets 5.2 5.8
Total assets 1,300.5 1,301.3
Current Liabilities    
Accounts payable 55.9 53.9
Contract liabilities 15.4 17.9
Current maturities of long-term debt 8.7 8.8
Accrued expenses and other current liabilities 56.7 56.2
Total current liabilities 136.7 136.8
Long-term debt, net 540.3 583.2
Deferred tax liabilities, net 3.8 1.7
Other long-term liabilities 58.9 60.8
Total liabilities 739.7 782.5
STOCKHOLDERS’ EQUITY    
Common Stock, 825,000,000 shares authorized, $0.0001 par value, 148,373,063 and 147,280,524 shares issued as of September 27, 2025 and December 28, 2024, respectively 0.0 0.0
Treasury stock, at cost, 9,562,027 and 7,276,549 shares as of September 27, 2025 and December 28, 2024, respectively (100.3) (81.4)
Additional paid in capital 311.6 299.7
Accumulated other comprehensive loss (1.5) (3.8)
Retained earnings 351.0 304.3
Total stockholders’ equity 560.8 518.8
Total liabilities and stockholders’ equity $ 1,300.5 $ 1,301.3