The following table reconciles total segment profit to income before income tax expense for the three months ended March 28, 2026 and March 29, 2025: | | | | | | | | | | | | | | | | | | | | | (In millions) | March 28, 2026 | | March 29, 2025 | | | | | | Total segment profit | $ | 209.5 | | | 183.1 | | | | | | | Less: | | | | | | | | | Amortization of intangible assets | 46.3 | | | 46.1 | | | | | | | Unallocated general and administrative expenses | 21.6 | | | 14.7 | | | | | | | Operating income | 141.6 | | | 122.3 | | | | | | | Interest expense | 48.9 | | | 51.0 | | | | | | | Interest income | (1.9) | | | (1.4) | | | | | | | Other (income) expense, net | 1.4 | | | 1.3 | | | | | | | Income before income tax expense | $ | 93.2 | | | $ | 71.4 | | | | | |
The following tables summarize depreciation and capital expenditures for the Company’s reportable segments for the three months ended March 28, 2026 and March 29, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | March 28, 2026 | | March 29, 2025 | | | | | | | | Depreciation: | | | | | | | | | | | MS | $ | 14.2 | | | $ | 22.4 | | | | | | | | | APS | 19.9 | | | 27.5 | | | | | | | | | Total depreciation | $ | 34.1 | | | $ | 49.9 | | | | | | | |
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