Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 03, 2026
Dec. 28, 2024
Current Assets    
Cash and cash equivalents $ 194.4 $ 149.3
Accounts receivable, less allowance for credit losses of $12.1 and $18.1 as of January 3, 2026 and December 28, 2024, respectively 107.9 136.5
Contract assets 27.6 23.2
Inventories 58.6 53.3
Prepaid expenses 9.5 7.2
Other current assets 23.8 16.0
Total current assets 421.8 385.5
Property, plant, and equipment, net 66.2 56.8
Right-of-use assets, net 73.4 59.7
Intangible assets, net 341.1 373.5
Goodwill 383.9 383.1
Deferred tax assets, net 13.3 36.9
Other assets 5.3 5.8
Total assets 1,305.0 1,301.3
Current Liabilities    
Accounts payable 40.7 53.9
Contract liabilities 16.7 17.9
Current maturities of long-term debt 6.9 8.8
Accrued expenses and other current liabilities 55.0 56.2
Total current liabilities 119.3 136.8
Long-term debt, net 538.8 583.2
Deferred tax liabilities, net 3.1 1.7
Other long-term liabilities 71.3 60.8
Total liabilities 732.5 782.5
STOCKHOLDERS’ EQUITY    
Common Stock, 825,000,000 shares authorized, $0.0001 par value, 148,439,716 and 147,280,524 shares issued as of January 3, 2026 and December 28, 2024, respectively 0.0 0.0
Treasury stock, at cost, 9,583,103 and 7,276,549 shares as of January 3, 2026 and December 28, 2024, respectively (100.4) (81.4)
Additional paid in capital 315.9 299.7
Accumulated other comprehensive loss (1.1) (3.8)
Retained earnings 358.1 304.3
Total stockholders’ equity 572.5 518.8
Total liabilities and stockholders’ equity $ 1,305.0 $ 1,301.3