LONG-TERM INCENTIVE EMPLOYEE COMPENSATION |
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| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LONG-TERM INCENTIVE EMPLOYEE COMPENSATION | LONG-TERM INCENTIVE EMPLOYEE COMPENSATION Our long-term incentive plan (LTIP) costs are primarily recorded within general and administrative expenses in our Consolidated Condensed Statements of Operations. The following table summarizes our LTIP costs.
As of July 4, 2026, there was $73.6 of total unrecognized compensation cost related to non-vested equity awards. This cost is expected to be recognized ratably over a weighted-average period of 2.0 years. Additionally, unrecognized compensation cost related to liability-based awards was $7.0, which is expected to be recognized ratably over a weighted-average period of 1.9 years. Year-to-Date 2026 LTIP Activity (Equity-based Awards) The majority of our LTIP awards are granted during the first quarter of each year and have three-year service periods. The majority of these awards either vest equally each year or at the completion of the three-year service period. During the six months ended July 4, 2026, we granted the following LTIP awards as provided in the table below:
(a)Includes the CEO Retention Plan grant awarded on March 4, 2026 with a grant date fair value of $7.0. During the six months ended July 4, 2026 and June 28, 2025, a nominal amount of non-qualified stock options were exercised resulting in proceeds of $0.1 and $0.6, respectively. During the six months ended July 4, 2026 and June 28, 2025, RSUs of 0.1 and 0.1, respectively, vested and were issued. During the six months ended July 4, 2026 and June 28, 2025, PSUs of 0.1 and 0.1 that vested on December 31, 2025 and 2024, respectively, were issued.
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