v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Income Statement [Abstract]        
NET SALES $ 815.2 $ 730.9 $ 1,433.2 $ 1,391.2
Cost of products sold 609.7 491.2 1,071.1 949.3
GROSS PROFIT 205.5 239.7 362.1 441.9
Selling, general and administrative expenses 216.7 159.4 372.6 313.4
Amortization of intangible assets 7.4 6.4 13.8 12.8
Restructuring charges 9.2 6.6 22.0 11.3
OPERATING (LOSS) INCOME (27.8) 67.3 (46.3) 104.4
Interest expense 20.8 18.9 39.2 38.3
Other income, net (0.1) (0.6) (0.9) (0.2)
(LOSS) INCOME BEFORE TAXES (48.5) 49.0 (84.6) 66.3
Income tax expense (benefit) 9.1 11.7 (11.6) 15.7
NET (LOSS) INCOME $ (57.6) $ 37.3 $ (73.0) $ 50.6
Average Number of Shares of Common Stock Outstanding        
Basic (in shares) 153.6 126.8 140.6 127.2
Diluted (in shares) 153.6 129.1 140.6 129.9
(Loss) Earnings Per Common Share        
Basic (in dollars per share) $ (0.38) $ 0.29 $ (0.52) $ 0.40
Diluted (in dollars per share) $ (0.38) $ 0.29 $ (0.52) $ 0.39