v3.26.1
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional paid-in capital
Accumulated other comprehensive (loss) income
Retained earnings / (Accumulated deficit)
Balance (in shares) at Dec. 29, 2024   67.3      
AOCI, Beginning Balance at Dec. 29, 2024 $ 2,984.5 $ 0.1 $ 2,884.8 $ (36.2) $ 135.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under equity compensation plans (in shares)   0.2      
Issuance of common stock under equity compensation plans 3.0   3.0    
Stock-based compensation expense 11.4   11.4    
Tax withholdings related to vesting of stock-based awards (1.4)   (1.4)    
Other comprehensive income (loss), net of tax 12.4     12.4  
Net income (loss) (12.7)       (12.7)
Balance (in shares) at Mar. 30, 2025   67.5      
AOCI, Ending Balance at Mar. 30, 2025 2,997.2 $ 0.1 2,897.8 (23.8) 123.1
Balance (in shares) at Dec. 29, 2024   67.3      
AOCI, Beginning Balance at Dec. 29, 2024 2,984.5 $ 0.1 2,884.8 (36.2) 135.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss), net of tax 52.4        
Net income (loss) (268.1)        
Balance (in shares) at Jun. 29, 2025   67.7      
AOCI, Ending Balance at Jun. 29, 2025 2,792.7 $ 0.1 2,908.7 16.2 (132.3)
Balance (in shares) at Mar. 30, 2025   67.5      
AOCI, Beginning Balance at Mar. 30, 2025 2,997.2 $ 0.1 2,897.8 (23.8) 123.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under equity compensation plans (in shares)   0.3      
Issuance of common stock under equity compensation plans 0.9   0.9    
Stock-based compensation expense 12.7   12.7    
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation   (0.1)      
Tax withholdings related to vesting of stock-based awards (2.7)   (2.7)    
Other comprehensive income (loss), net of tax 40.0     40.0  
Net income (loss) (255.4)       (255.4)
Balance (in shares) at Jun. 29, 2025   67.7      
AOCI, Ending Balance at Jun. 29, 2025 2,792.7 $ 0.1 2,908.7 16.2 (132.3)
Balance (in shares) at Dec. 28, 2025   67.9      
AOCI, Beginning Balance at Dec. 28, 2025 1,920.5 $ 0.1 2,931.8 (15.4) (996.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under equity compensation plans (in shares)   0.2      
Issuance of common stock under equity compensation plans 1.8   1.8    
Stock-based compensation expense 10.7   10.7    
Tax withholdings related to vesting of stock-based awards (1.1)   (1.1)    
Other comprehensive income (loss), net of tax 11.3     11.3  
Net income (loss) (91.8)       (91.8)
Balance (in shares) at Mar. 29, 2026   68.1      
AOCI, Ending Balance at Mar. 29, 2026 1,851.4 $ 0.1 2,943.2 (4.1) (1,087.8)
Balance (in shares) at Dec. 28, 2025   67.9      
AOCI, Beginning Balance at Dec. 28, 2025 1,920.5 $ 0.1 2,931.8 (15.4) (996.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss), net of tax 16.2        
Net income (loss) (184.7)        
Balance (in shares) at Jun. 28, 2026   68.3      
AOCI, Ending Balance at Jun. 28, 2026 1,774.9 $ 0.1 2,954.7 0.8 (1,180.7)
Balance (in shares) at Mar. 29, 2026   68.1      
AOCI, Beginning Balance at Mar. 29, 2026 1,851.4 $ 0.1 2,943.2 (4.1) (1,087.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under equity compensation plans (in shares)   0.3      
Issuance of common stock under equity compensation plans 0.4   0.4    
Stock-based compensation expense 12.0   12.0    
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation   (0.1)      
Tax withholdings related to vesting of stock-based awards (0.9)   (0.9)    
Other comprehensive income (loss), net of tax 4.9     4.9  
Net income (loss) (92.9)       (92.9)
Balance (in shares) at Jun. 28, 2026   68.3      
AOCI, Ending Balance at Jun. 28, 2026 $ 1,774.9 $ 0.1 $ 2,954.7 $ 0.8 $ (1,180.7)