XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Revenues $ 448,700,000 $ 370,500,000 $ 1,271,800,000 $ 1,031,600,000
Costs and expenses:        
Cost of products sold 280,100,000 237,400,000 789,700,000 669,900,000
Selling, general and administrative 96,300,000 89,100,000 290,900,000 261,600,000
Intangible amortization 14,600,000 6,700,000 32,400,000 23,100,000
Special charges, net 0 0 0 100,000
Other operating expense, net 0 0 0 1,000,000.0
Operating income 57,700,000 37,300,000 158,800,000 75,900,000
Other income (expense), net (200,000) (24,600,000) 2,300,000 (19,800,000)
Interest expense (10,200,000) (2,600,000) (18,000,000.0) (7,300,000)
Interest income 800,000 1,000,000.0 1,500,000 1,400,000
Loss on amendment/refinancing of senior credit agreement 0 (1,100,000) 0 (1,100,000)
Income from continuing operations before income taxes 48,100,000 10,000,000.0 144,600,000 49,100,000
Income tax (provision) benefit (12,400,000) 2,500,000 (31,500,000) (4,500,000)
Income from continuing operations 35,700,000 12,500,000 113,100,000 44,600,000
Income (loss) from discontinued operations, net of tax 0 0 0 0
Loss on disposition of discontinued operations, net of tax (56,100,000) (9,400,000) (54,700,000) (17,100,000)
Loss from discontinued operations, net of tax (56,100,000) (9,400,000) (54,700,000) (17,100,000)
Net income (loss) $ (20,400,000) $ 3,100,000 $ 58,400,000 $ 27,500,000
Basic income (loss) per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.78 $ 0.28 $ 2.49 $ 0.98
Loss from discontinued operations, net of tax (in dollars per share) (1.23) (0.21) (1.21) (0.38)
Net income (Loss) per share (in dollars per share) $ (0.45) $ 0.07 $ 1.28 $ 0.60
Weighted-average number of common shares outstanding — basic (in shares) 45,608 45,144 45,507 45,382
Diluted income (loss) per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.76 $ 0.27 $ 2.43 $ 0.96
Loss from discontinued operations, net of tax (in dollars per share) (1.20) (0.20) (1.18) (0.37)
Net income (loss) per share (in dollars per share) $ (0.44) $ 0.07 $ 1.25 $ 0.59
Weighted-average number of common shares outstanding — diluted (in shares) 46,751 46,132 46,560 46,253
Comprehensive income (loss) $ (32,200,000) $ (13,700,000) $ 51,600,000 $ 800,000