v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2024 $ 9.3          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests 0.8          
Dividend paid to non-controlling interest in subsidiary (1.2)          
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 8.9          
Balance at beginning of period (in shares) at Dec. 31, 2024   283.8        
Balance at beginning of period at Dec. 31, 2024 559.0 $ 2.8 $ (3,330.0) $ 501.2 $ 3,571.8 $ (186.8)
Balance at beginning of period (in shares) at Dec. 31, 2024     110.2      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 65.9       65.9  
Adjustment to pension liability, net of tax 0.6         0.6
Foreign currency adjustments, net of tax 98.5         98.5
Dividends declared on common stock (63.2)       (63.2)  
Shares issued in connection with Mattress Firm Acquisition (in shares)     (34.2)      
Shares issued in connection with Mattress Firm Acquisition 2,245.1   $ 1,609.9 635.2    
Exercise of stock options (in shares)     (2.8)      
Exercise of stock options 49.1   $ 106.0 (56.9)    
Issuances of PRSUs and RSUs (in shares)     (1.3)      
Issuances of PRSUs and RSUs 0.0   $ 81.0 (81.0)    
Treasury stock repurchased - PRSU/RSU releases (in shares)     1.9      
Treasury stock repurchased - PRSU/RSU releases (125.0)   $ (125.0)      
Treasury Stock Repurchased - Merger Consideration (in shares)     0.1      
Treasury stock repurchased - merger consideration (7.4)   $ (7.4)      
Amortization of unearned stock-based compensation 18.5     18.5    
Balance at end of period (in shares) at Jun. 30, 2025   283.8        
Balance at end of period at Jun. 30, 2025 2,841.1 $ 2.8 $ (1,665.5) 1,017.0 3,574.5 (87.7)
Balance at ending of period (in shares) at Jun. 30, 2025     73.9      
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2025 8.6          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests 0.5          
Dividend paid to non-controlling interest in subsidiary (0.2)          
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 8.9          
Balance at beginning of period (in shares) at Mar. 31, 2025   283.8        
Balance at beginning of period at Mar. 31, 2025 2,741.7 $ 2.8 $ (1,675.1) 1,063.3 3,507.2 (156.5)
Balance at beginning of period (in shares) at Mar. 31, 2025     75.2      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 99.0       99.0  
Foreign currency adjustments, net of tax 68.8         68.8
Dividends declared on common stock (31.7)       (31.7)  
Exercise of stock options (in shares)     (2.7)      
Exercise of stock options 48.1   $ 103.7 (55.6)    
Issuances of PRSUs and RSUs 0.0   $ 0.8 (0.8)    
Treasury stock repurchased - PRSU/RSU releases (in shares)     1.4      
Treasury stock repurchased - PRSU/RSU releases (94.9)   $ (94.9)      
Amortization of unearned stock-based compensation 10.1     10.1    
Balance at end of period (in shares) at Jun. 30, 2025   283.8        
Balance at end of period at Jun. 30, 2025 2,841.1 $ 2.8 $ (1,665.5) 1,017.0 3,574.5 (87.7)
Balance at ending of period (in shares) at Jun. 30, 2025     73.9      
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2025 8.9          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests (0.6)          
Dividend paid to non-controlling interest in subsidiary (0.7)          
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 7.6          
Balance at beginning of period (in shares) at Dec. 31, 2025   283.8        
Balance at beginning of period at Dec. 31, 2025 3,108.0 $ 2.8 $ (1,664.3) 1,038.7 3,829.2 (98.4)
Balance at beginning of period (in shares) at Dec. 31, 2025     73.9      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 215.1       215.1  
Adjustment to pension liability, net of tax 0.5         0.5
Foreign currency adjustments, net of tax (18.6)         (18.6)
Dividends declared on common stock (72.0)       (72.0)  
Exercise of stock options 0.0   $ 0.3 (0.3)    
Issuances of PRSUs and RSUs (in shares)     (0.7)      
Issuances of PRSUs and RSUs 0.0   $ 28.7 (28.7)    
Treasury stock repurchased - PRSU/RSU releases (in shares)     0.3      
Treasury stock repurchased - PRSU/RSU releases (26.2)   $ (26.2)      
Amortization of unearned stock-based compensation 22.6     22.6    
Balance at end of period (in shares) at Jun. 30, 2026   283.8        
Balance at end of period at Jun. 30, 2026 3,229.4 $ 2.8 $ (1,661.5) 1,032.3 3,972.3 (116.5)
Balance at ending of period (in shares) at Jun. 30, 2026     73.5      
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2026 7.9          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests (0.3)          
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 7.6          
Balance at beginning of period (in shares) at Mar. 31, 2026   283.8        
Balance at beginning of period at Mar. 31, 2026 3,147.4 $ 2.8 $ (1,662.4) 1,022.2 3,897.4 (112.6)
Balance at beginning of period (in shares) at Mar. 31, 2026     73.5      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 110.9       110.9  
Adjustment to pension liability, net of tax 0.5         0.5
Foreign currency adjustments, net of tax (4.4)         (4.4)
Dividends declared on common stock (36.0)       (36.0)  
Exercise of stock options (in shares)     0.0      
Exercise of stock options 0.0   $ 0.3 (0.3)    
Issuances of PRSUs and RSUs 0.0   0.6 (0.6)    
Treasury stock repurchased - PRSU/RSU releases 0.0          
Amortization of unearned stock-based compensation 11.0     11.0    
Balance at end of period (in shares) at Jun. 30, 2026   283.8        
Balance at end of period at Jun. 30, 2026 $ 3,229.4 $ 2.8 $ (1,661.5) $ 1,032.3 $ 3,972.3 $ (116.5)
Balance at ending of period (in shares) at Jun. 30, 2026     73.5