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STOCKHOLDERS' EQUITY AND LONG-TERM INCENTIVE COMPENSATION (Tables)
 6 Months Ended
Jul. 01, 2023
Equity [Abstract]  
Weighted-Average Shares Outstanding Used in Computation of Basic and Diluted Income per Share
The following table sets forth the number of weighted-average shares outstanding used in the computation of basic and diluted income per share:
 Three months endedSix months ended
July 1,
2023		July 2,
2022		July 1,
2023		July 2,
2022
Weighted-average number of common shares used in basic income per share45.533 45.444 45.457 45.500 
Dilutive securities — Employee stock options and restricted stock units1.094 0.845 1.043 0.870 
Weighted-average number of common shares and dilutive securities used in diluted income per share46.627 46.289 46.500 46.370 
Schedule of Changes in Components of Accumulated Other Comprehensive Income, Net of Tax,
The changes in the components of AOCI, net of tax, for the three months ended July 1, 2023 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$243.5 $9.1 $6.7 $259.3 
Other comprehensive income before reclassifications3.9 1.8 — 5.7 
Amounts reclassified from accumulated other comprehensive income— (1.7)(0.8)(2.5)
Current-period other comprehensive income (loss)3.9 0.1 (0.8)3.2 
Balance at end of period$247.4 $9.2 $5.9 $262.5 
__________________________
(1)Net of tax provision of $3.1 as of July 1, 2023 and April 1, 2023.
(2)Net of tax provision of $2.2 and $2.4 as of July 1, 2023 and April 1, 2023, respectively. The balances as of July 1, 2023 and April 1, 2023 include unamortized prior service credits.

The changes in the components of AOCI, net of tax, for the six months ended July 1, 2023 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$239.1 $11.0 $7.4 $257.5 
Other comprehensive income before reclassifications8.3 1.5 — 9.8 
Amounts reclassified from accumulated other comprehensive income— (3.3)(1.5)(4.8)
Current-period other comprehensive income (loss)8.3 (1.8)(1.5)5.0 
Balance at end of period$247.4 $9.2 $5.9 $262.5 
__________________________
(1)Net of tax provision of $3.1 and $3.7 as of July 1, 2023 and December 31, 2022, respectively.
(2)Net of tax provision of $2.2 and $2.7 as of July 1, 2023 and December 31, 2022, respectively. The balances as of July 1, 2023 and December 31, 2022 include unamortized prior service credits.
The changes in the components of AOCI, net of tax, for the three months ended July 2, 2022 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$250.1 $7.0 $9.8 $266.9 
Other comprehensive income (loss) before reclassifications(13.8)1.5 0.1 (12.2)
Amounts reclassified from accumulated other comprehensive income— 0.1 (0.8)(0.7)
Current-period other comprehensive income (loss)(13.8)1.6 (0.7)(12.9)
Balance at end of period$236.3 $8.6 $9.1 $254.0 
__________________________
(1)Net of tax provision of $2.9 and $2.3 as of July 2, 2022 and April 2, 2022, respectively.
(2)Net of tax provision of $3.2 and $3.5 as of July 2, 2022 and April 2, 2022, respectively. The balances as of July 2, 2022 and April 2, 2022 include unamortized prior service credits.
The changes in the components of AOCI, net of tax, for the six months ended July 2, 2022 were as follows:
 Foreign
Currency
Translation
Adjustment
Net Unrealized Gains
on Qualifying Cash
Flow Hedges(1)
Pension and
Postretirement
Liability
Adjustment(2)
Total
Balance at beginning of period$252.7 $0.5 $10.7 $263.9 
Other comprehensive income (loss) before reclassifications(16.4)7.6 0.1 (8.7)
Amounts reclassified from accumulated other comprehensive income— 0.5 (1.7)(1.2)
Current-period other comprehensive income (loss)(16.4)8.1 (1.6)(9.9)
Balance at end of period$236.3 $8.6 $9.1 $254.0 
__________________________
(1)Net of tax provision of $2.9 and $0.1 as of July 2, 2022 and December 31, 2021, respectively.
(2)Net of tax provision of $3.2 and $3.7 as of July 2, 2022 and December 31, 2021, respectively. The balances as of July 2, 2022 and December 31, 2021 include unamortized prior service credits.
Schedule of Amounts Reclassified from Each Component of Other Comprehensive Income (Loss)
The following summarizes amounts reclassified from each component of AOCI for the three months ended July 1, 2023 and July 2, 2022:
Amount Reclassified from AOCI 
Three months ended
July 1, 2023July 2, 2022Affected Line Item in the Condensed
Consolidated Statements of Operations
(Gains) losses on qualifying cash flow hedges:   
Swaps$(2.3)$0.2 Interest expense
Pre-tax(2.3)0.2  
Income taxes0.6 (0.1) 
 $(1.7)$0.1  
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(1.0)$(1.1)Other income (expense), net
Income taxes0.2 0.3  
 $(0.8)$(0.8) 
The following summarizes amounts reclassified from each component of AOCI for the six months ended July 1, 2023 and July 2, 2022:
Amount Reclassified from AOCI 
Six months ended
July 1, 2023July 2, 2022Affected Line Item in the Condensed
Consolidated Statements of Operations
(Gains) losses on qualifying cash flow hedges:   
Swaps$(4.4)$0.7 Interest expense
Pre-tax(4.4)0.7  
Income taxes1.1 (0.2) 
 $(3.3)$0.5  
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(2.0)$(2.2)Other income (expense), net
Income taxes0.5 0.5  
 $(1.5)$(1.7)