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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 28, 2024
Earnings Per Share [Abstract] |
Schedule of Net Earnings (Loss) and Weighted-Average Shares Outstanding | The following table reconciles net earnings (loss) and the weighted-average shares outstanding used to calculate basic and diluted earnings (loss) per share of common stock for the three and nine months ended September 28, 2024 and September 30, 2023:
| Third Quarter |  | Year-to-Date
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator (in millions): |  |  |  |  |  |  |
Net earnings (loss) from continuing operations | $ | 91.1 |  |  | $ | 4.7 |  |  | $ | 91.4 |  |  | $ | (5.6) |
Net earnings (loss) from discontinued operations | — |  |  | — |  |  | 8.0 |  |  | (0.5) |
Net Earnings (Loss) | $ | 91.1 |  |  | $ | 4.7 |  |  | $ | 99.4 |  |  | $ | (6.1) |
| Third Quarter |  | Year-to-Date
| 2024 |  | 2023 |  | 2024 |  | 2023
Denominator (in thousands): |  |  |  |  |  |  |
Basic weighted-average shares outstanding | 150,580 |  |  | 149,799 |  |  | 150,405 |  |  | 149,687 |
Dilutive effect of stock contracts and awards | 885 |  |  | 746 |  |  | 778 |  |  | — |
Diluted weighted-average shares outstanding | 151,465 |  |  | 150,545 |  |  | 151,183 |  |  | 149,687 |
| Third Quarter |  | Year-to-Date
| 2024 |  | 2023 |  | 2024 |  | 2023
Earnings (loss) per share of common stock: |  |  |  |  |  |  |
Basic earnings (loss) per share of common stock: |  |  |  |  |  |  |
Continuing operations | $ | 0.61 |  |  | $ | 0.03 |  |  | $ | 0.61 |  |  | $ | (0.04) |
Discontinued operations | $ | — |  |  | $ | — |  |  | $ | 0.05 |  |  | $ | — |
Total basic earnings (loss) per share of common stock | $ | 0.61 |  |  | $ | 0.03 |  |  | $ | 0.66 |  |  | $ | (0.04) |
Diluted earnings (loss) per share of common stock: |  |  |  |  |  |  |
Continuing operations | $ | 0.60 |  |  | $ | 0.03 |  |  | $ | 0.60 |  |  | $ | (0.04) |
Discontinued operations | $ | — |  |  | $ | — |  |  | $ | 0.05 |  |  | $ | — |
Total diluted earnings (loss) per share of common stock | $ | 0.60 |  |  | $ | 0.03 |  |  | $ | 0.66 |  |  | $ | (0.04) |
Schedule of Weighted-Average Stock Options not Included in Computation of Weighted-Average Diluted Shares Outstanding | The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands):
| Third Quarter |  | Year-to-Date
| 2024 |  | 2023 |  | 2024 |  | 2023
Number of stock options | 5,063 |  |  | 5,048 |  |  | 5,265 |  |  | 5,547 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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