Segment results for the three months ended July 3, 2026 were: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | Sensors and Safety Systems | | Test and Measurement | | Unallocated Corporate Costs and Other(a) | | | | Sales | $ | 567.8 | | | $ | 346.5 | | | $ | 221.3 | | | $ | — | | | | | Cost of sales | (274.9) | | | (178.3) | | | (96.6) | | | — | | | | | | | | | | | | | | | Operating expenses | (210.7) | | | (69.7) | | | (119.3) | | | (21.7) | | | | | | | | | | | | | | | Operating profit (loss) | 82.2 | | | 98.5 | | | 5.4 | | | (21.7) | | | | Non-operating expense, net: | | | | | | | | | | | Interest (expense) income, net | (13.8) | | | (0.1) | | | 0.5 | | | (14.2) | | | | | | | | | | | | | | | Other non-operating income (expense), net | 0.1 | | | — | | | 0.6 | | | (0.5) | | | | | Earnings (loss) before income taxes | $ | 68.5 | | | $ | 98.4 | | | $ | 6.5 | | | $ | (36.4) | | | | | | | | | | | | | | | Depreciation and amortization expenses | $ | (30.1) | | | $ | (3.4) | | | $ | (26.5) | | | $ | (0.2) | | | | | Capital expenditures | $ | (6.4) | | | $ | (2.9) | | | $ | (3.5) | | | $ | — | | | | (a) Operating expenses primarily related to standalone public company costs. | | |
Segment results for the three months ended June 27, 2025 were: | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | Sensors and Safety Systems | | Test and Measurement | | Unallocated Corporate Costs and Other(a) | | Sales | $ | 503.3 | | | $ | 310.8 | | | $ | 192.5 | | | $ | — | | | Cost of sales | (255.0) | | | (165.8) | | | (89.2) | | | — | | | | | | | | | | | Operating expenses | (189.4) | | | (65.5) | | | (117.6) | | | (6.3) | | | | | | | | | | | Operating profit (loss) | 58.9 | | | 79.5 | | | (14.3) | | | (6.3) | | Non-operating expense, net: | | | | | | | | | | | | | | | | | | | | | | | | | Other non-operating (expense) income, net | — | | | (0.1) | | | 0.1 | | | — | | | Earnings (loss) before income taxes | $ | 58.9 | | | $ | 79.4 | | | $ | (14.2) | | | $ | (6.3) | | | | | | | | | | | Depreciation and amortization expenses | $ | (28.6) | | | $ | (3.5) | | | $ | (25.1) | | | $ | — | | | Capital expenditures | $ | (11.6) | | | $ | (4.5) | | | $ | (7.1) | | | $ | — | | (a) Operating expenses primarily related to standalone public company costs. | | | | | | | | | | | | | | | | |
Segment results for the six months ended July 3, 2026 were: | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | Sensors and Safety Systems | | Test and Measurement | | Unallocated Corporate Costs and Other(a) | | Sales | $ | 1,102.3 | | | $ | 670.8 | | | $ | 431.5 | | | $ | — | | | Cost of sales | (537.1) | | | (347.7) | | | (189.4) | | | — | | | | | | | | | | | Operating expenses | (414.9) | | | (135.8) | | | (240.0) | | | (39.1) | | | | | | | | | | | Operating profit (loss) | 150.3 | | | 187.3 | | | 2.1 | | | (39.1) | | Non-operating expense, net: | | | | | | | | | Interest (expense) income, net | (28.4) | | | (0.2) | | | 0.9 | | | (29.1) | | | | | | | | | | | Other non-operating (expense) income, net | (0.4) | | | — | | | 0.6 | | | (1.0) | | | Earnings (loss) before income taxes | $ | 121.5 | | | $ | 187.1 | | | $ | 3.6 | | | $ | (69.2) | | | | | | | | | | | Depreciation and amortization expenses | $ | (59.7) | | | $ | (6.7) | | | $ | (52.8) | | | $ | (0.2) | | | Capital expenditures | $ | (15.1) | | | $ | (9.1) | | | $ | (5.9) | | | $ | (0.1) | | (a) Operating expenses primarily related to standalone public company costs. |
Segment results for the six months ended June 27, 2025 were: | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | Sensors and Safety Systems | | Test and Measurement | | Unallocated Corporate Costs and Other(a) | | Sales | $ | 985.1 | | | $ | 604.1 | | | $ | 381.0 | | | $ | — | | | Cost of sales | (493.4) | | | (317.2) | | | (176.2) | | | — | | | | | | | | | | | Operating expenses | (359.0) | | | (120.4) | | | (231.0) | | | (7.6) | | | | | | | | | | | Operating profit (loss) | 132.7 | | | 166.5 | | | (26.2) | | | (7.6) | | | Non-operating expense, net: | | | | | | | | | | | | | | | | | | | | | | | | | Other non-operating expense, net | (0.5) | | | (0.3) | | | (0.2) | | | — | | | Earnings (loss) before income taxes | $ | 132.2 | | | $ | 166.2 | | | $ | (26.4) | | | $ | (7.6) | | | | | | | | | | | Depreciation and amortization expenses | $ | (55.5) | | | $ | (6.9) | | | $ | (48.6) | | | $ | — | | | Capital expenditures | $ | (17.2) | | | $ | (7.2) | | | $ | (10.0) | | | $ | — | | (a) Operating expenses primarily related to standalone public company costs. |
Segment Assets: | | | | | | | | | | | | | | | July 3, 2026 | | December 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Sensors and Safety Systems | $ | 1,333.0 | | | $ | 1,306.4 | | | | | Test and Measurement | 2,054.0 | | | 2,149.3 | | | | | Total segment assets | 3,387.0 | | | 3,455.7 | | | | Other (a) | 318.7 | | | 365.9 | | | | | | | | | | | Total assets | $ | 3,705.7 | | | $ | 3,821.6 | | | | (a) Other represents corporate assets which consist primarily of cash and income tax assets. | | |
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