XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Income Statement [Abstract]        
Revenues $ 296.7 $ 258.0 $ 584.6 $ 514.8
Costs and expenses:        
Cost of products sold 194.7 169.7 378.6 336.8
Selling, general and administrative 79.2 67.4 158.5 138.5
Intangible amortization 6.5 2.4 10.5 5.0
Special charges, net 0.7 1.0 1.4 1.3
Other operating (income) expense 2.7 0.0 2.7 (0.4)
Operating income 12.9 17.5 32.9 33.6
Other income, net 7.1 5.4 14.3 5.8
Interest expense (3.4) (4.8) (7.6) (9.5)
Interest income 0.1 0.1 0.2 0.1
Income from continuing operations before income taxes 16.7 18.2 39.8 30.0
Income tax provision (2.0) (3.0) (6.1) (5.3)
Income from continuing operations 14.7 15.2 33.7 24.7
Income from discontinued operations, net of tax 42.7 13.2 51.3 26.4
Gain (loss) on disposition of discontinued operations, net of tax 4.1 (1.3) 3.3 (1.3)
Income from discontinued operations, net of tax 46.8 11.9 54.6 25.1
Net income $ 61.5 $ 27.1 $ 88.3 $ 49.8
Basic income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.32 $ 0.34 $ 0.75 $ 0.56
Income (loss) from discontinued operations (in dollars per share) 1.04 0.27 1.20 0.56
Net income per share (in dollars per share) $ 1.36 $ 0.61 $ 1.95 $ 1.12
Weighted-average number of common shares outstanding — basic (in shares) 45,271 44,590 45,201 44,452
Diluted income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.32 $ 0.33 $ 0.73 $ 0.54
Income (loss) from discontinued operations (in dollars per share) 1.00 0.26 1.17 0.55
Net income per share (in dollars per share) $ 1.32 $ 0.59 $ 1.90 $ 1.09
Weighted-average number of common shares outstanding — diluted (in shares) 46,545 45,648 46,408 45,620
Comprehensive income $ 60.9 $ 31.0 $ 90.4 $ 40.8