Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders??? Equity

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Condensed Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Millions
Total
Preferred Stock
Class A Preferred
Common Stock
Treasury Stock
Additional paid-in capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2022   0          
Common stock, beginning balance (in shares) at Dec. 31, 2022     146,703,894        
Beginning balance (in shares) at Dec. 31, 2022       0      
Beginning balance at Dec. 31, 2022 $ 375.3 $ 0.0 $ 0.0 $ 0.0 $ 281.9 $ (4.8) $ 98.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of restricted units (in shares)     58,790        
Shares withheld for taxes upon vesting of restricted units (in shares)     18,520 18,520      
Shares withheld for taxes upon vesting of restricted units (0.2)     $ (0.2)      
Share-based compensation 1.8       1.8    
Foreign currency translation adjustment 0.7         0.7  
Net income 26.0           26.0
Common stock, ending balance (in shares) at Apr. 01, 2023     146,744,164        
Ending balance (in shares) at Apr. 01, 2023   0          
Ending balance (in shares) at Apr. 01, 2023       18,520      
Ending balance at Apr. 01, 2023 403.6 $ 0.0 $ 0.0 $ (0.2) 283.7 (4.1) 124.2
Beginning balance (in shares) at Dec. 31, 2022   0          
Common stock, beginning balance (in shares) at Dec. 31, 2022     146,703,894        
Beginning balance (in shares) at Dec. 31, 2022       0      
Beginning balance at Dec. 31, 2022 375.3 $ 0.0 $ 0.0 $ 0.0 281.9 (4.8) 98.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 63.0            
Common stock, ending balance (in shares) at Jul. 01, 2023     146,825,494        
Ending balance (in shares) at Jul. 01, 2023   0          
Ending balance (in shares) at Jul. 01, 2023       18,638      
Ending balance at Jul. 01, 2023 443.0 $ 0.0 $ 0.0 $ (0.2) 285.5 (3.5) 161.2
Beginning balance (in shares) at Apr. 01, 2023   0          
Common stock, beginning balance (in shares) at Apr. 01, 2023     146,744,164        
Beginning balance (in shares) at Apr. 01, 2023       18,520      
Beginning balance at Apr. 01, 2023 403.6 $ 0.0 $ 0.0 $ (0.2) 283.7 (4.1) 124.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of restricted units (in shares)     81,448        
Shares withheld for taxes upon vesting of restricted units (in shares)     118 118      
Share-based compensation 1.8       1.8    
Foreign currency translation adjustment 0.6         0.6  
Net income 37.0           37.0
Common stock, ending balance (in shares) at Jul. 01, 2023     146,825,494        
Ending balance (in shares) at Jul. 01, 2023   0          
Ending balance (in shares) at Jul. 01, 2023       18,638      
Ending balance at Jul. 01, 2023 $ 443.0 $ 0.0 $ 0.0 $ (0.2) 285.5 (3.5) 161.2
Beginning balance (in shares) at Dec. 30, 2023   0          
Common stock, beginning balance (in shares) at Dec. 30, 2023     146,861,489        
Beginning balance (in shares) at Dec. 30, 2023 34,297     34,297      
Beginning balance at Dec. 30, 2023 $ 519.6 $ 0.0 $ 0.0 $ (0.4) 289.0 (2.9) 233.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common shares (in shares)     1,019,889 1,019,889      
Repurchase of common shares (15.3)     $ (15.3)      
Issuance of restricted units (in shares)     163,309        
Shares withheld for taxes upon vesting of restricted units (in shares)     57,696 57,696      
Shares withheld for taxes upon vesting of restricted units (0.9)     $ (0.9)      
Share-based compensation 1.9       1.9    
Foreign currency translation adjustment (0.6)         (0.6)  
Net income 30.7           30.7
Common stock, ending balance (in shares) at Mar. 30, 2024     145,947,213        
Ending balance (in shares) at Mar. 30, 2024   0          
Ending balance (in shares) at Mar. 30, 2024       1,111,882      
Ending balance at Mar. 30, 2024 $ 535.4 $ 0.0 $ 0.0 $ (16.6) 290.9 (3.5) 264.6
Beginning balance (in shares) at Dec. 30, 2023   0          
Common stock, beginning balance (in shares) at Dec. 30, 2023     146,861,489        
Beginning balance (in shares) at Dec. 30, 2023 34,297     34,297      
Beginning balance at Dec. 30, 2023 $ 519.6 $ 0.0 $ 0.0 $ (0.4) 289.0 (2.9) 233.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common shares (in shares)     1,773,556        
Repurchase of common shares     $ (25.4)        
Net income $ 58.3            
Common stock, ending balance (in shares) at Jun. 29, 2024     145,308,710        
Ending balance (in shares) at Jun. 29, 2024   0          
Ending balance (in shares) at Jun. 29, 2024 1,886,228     1,886,228      
Ending balance at Jun. 29, 2024 $ 556.3 $ 0.0 $ 0.0 $ (26.9) 294.3 (3.3) 292.2
Beginning balance (in shares) at Mar. 30, 2024   0          
Common stock, beginning balance (in shares) at Mar. 30, 2024     145,947,213        
Beginning balance (in shares) at Mar. 30, 2024       1,111,882      
Beginning balance at Mar. 30, 2024 535.4 $ 0.0 $ 0.0 $ (16.6) 290.9 (3.5) 264.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common shares (in shares)     753,667 753,667      
Repurchase of common shares $ (10.1)   $ (10.1) $ (10.1)      
Issuance of restricted units (in shares)     133,774        
Issuance of common stock on exercise of stock options (in shares) 2,069            
Shares withheld for taxes upon vesting of restricted units (in shares)     20,679 20,679      
Shares withheld for taxes upon vesting of restricted units $ (0.2)     $ (0.2)      
Share-based compensation 3.4       3.4    
Foreign currency translation adjustment 0.2         0.2  
Net income $ 27.6           27.6
Common stock, ending balance (in shares) at Jun. 29, 2024     145,308,710        
Ending balance (in shares) at Jun. 29, 2024   0          
Ending balance (in shares) at Jun. 29, 2024 1,886,228     1,886,228      
Ending balance at Jun. 29, 2024 $ 556.3 $ 0.0 $ 0.0 $ (26.9) $ 294.3 $ (3.3) $ 292.2