v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 29, 2026
Mar. 30, 2025
OPERATING ACTIVITIES    
Net loss $ (91.8) $ (12.7)
Adjustments to reconcile net loss to net cash (used for) provided by operating activities:    
Depreciation and amortization 112.9 107.1
Stock-based compensation expense 10.7 11.6
Change in deferred tax assets and liabilities (1.8) (0.1)
Other non-cash, net 4.9 5.1
Changes in assets and liabilities:    
Accounts receivable 54.0 2.2
Inventories (72.6) (53.1)
Prepaid expenses and other current and non-current assets 18.7 3.1
Accounts payable (27.7) (1.3)
Accrued payroll and related expenses 15.7 17.0
Income tax receivable and payable 13.0 3.6
Other current and non-current liabilities (69.0) (16.9)
Net cash (used for) provided by operating activities (33.0) 65.6
INVESTING ACTIVITIES    
Acquisitions of property, plant, equipment, investments and intangibles (34.0) (56.2)
Net cash used for investing activities (34.0) (56.2)
FINANCING ACTIVITIES    
Proceeds from issuance of common stock 1.8 3.0
Short-term borrowings, net (1.7) 0.0
Revolving credit facility, net 50.0 52.0
Proceeds from long-term borrowings 12.6 0.0
Payments on long-term borrowings (22.4) (36.0)
Payments on finance lease obligation (1.6) 0.0
Payments of tax withholdings related to vesting of stock-based awards (1.1) (1.4)
Net cash provided by financing activities 37.6 17.6
Effect of exchange rates on cash 0.0 1.7
Net (decrease) increase in cash, cash equivalents and restricted cash (29.4) 28.7
Cash, cash equivalents and restricted cash at beginning of period 169.8 98.5
Cash, cash equivalents and restricted cash at end of period 140.4 127.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Purchase of property, equipment and intangibles by incurring current liabilities 6.2 10.1
Transfer of instrument inventories to fixed assets $ 32.0 $ 29.9