XML 47 R37.htm IDEA: XBRL DOCUMENT v3.25.2
STOCKHOLDERS' EQUITY AND LONG-TERM INCENTIVE COMPENSATION (Tables)
6 Months Ended
Jun. 28, 2025
Equity [Abstract]  
Schedule of 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
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Weighted-average number of common shares used in basic income per share46.716 46.246 46.586 46.038 
Dilutive securities — Employee stock options and restricted stock units0.680 0.912 0.669 0.863 
Weighted-average number of common shares and dilutive securities used in diluted income per share47.396 47.158 47.255 46.901 
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 June 28, 2025 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$230.1 $1.8 $1.5 $233.4 
Other comprehensive income before reclassifications31.4 0.1 — 31.5 
Amounts reclassified from accumulated other comprehensive income— (0.6)(0.5)(1.1)
Current-period other comprehensive income (loss)31.4 (0.5)(0.5)30.4 
Balance at end of period$261.5 $1.3 $1.0 $263.8 
__________________________
(1)Net of tax provision of $0.5 and $0.4 as of June 28, 2025 and March 29, 2025, respectively.
(2)Net of tax provision of $0.5 and $0.8 as of June 28, 2025 and March 29, 2025, respectively. The balances as of June 28, 2025 and March 29, 2025 include unamortized prior service credits.

The changes in the components of AOCI, net of tax, for the six months ended June 28, 2025 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$218.9 $2.6 $2.1 $223.6 
Other comprehensive income before reclassifications42.6 — — 42.6 
Amounts reclassified from accumulated other comprehensive income— (1.3)(1.1)(2.4)
Current-period other comprehensive income (loss)42.6 (1.3)(1.1)40.2 
Balance at end of period$261.5 $1.3 $1.0 $263.8 

__________________________
(1)Net of tax provision of $0.5 and $0.7 as of June 28, 2025 and December 31, 2024, respectively.
(2)Net of tax provision of $0.5 and $1.0 as of June 28, 2025 and December 31, 2024, respectively. The balances as of June 28, 2025 and December 31, 2024 include unamortized prior service credits.
The changes in the components of AOCI, net of tax, for the three months ended June 29, 2024 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$242.7 $4.4 $3.8 $250.9 
Other comprehensive income (loss) before reclassifications(3.9)0.2 — (3.7)
Amounts reclassified from accumulated other comprehensive income— (1.7)(0.6)(2.3)
Current-period other comprehensive loss(3.9)(1.5)(0.6)(6.0)
Balance at end of period$238.8 $2.9 $3.2 $244.9 
__________________________
(1)Net of tax provision of $0.8 and $1.4 as of June 29, 2024 and March 30, 2024, respectively.
(2)Net of tax provision of $1.4 and $1.6 as of June 29, 2024 and March 30, 2024, respectively. The balances as of June 29, 2024 and March 30, 2024 include unamortized prior service credits.
The changes in the components of AOCI, net of tax, for the six months ended June 29, 2024 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$251.0 $5.7 $4.4 $261.1 
Other comprehensive income (loss) before reclassifications(12.2)0.7 — (11.5)
Amounts reclassified from accumulated other comprehensive income— (3.5)(1.2)(4.7)
Current-period other comprehensive loss(12.2)(2.8)(1.2)(16.2)
Balance at end of period$238.8 $2.9 $3.2 $244.9 
__________________________
(1)Net of tax provision of $0.8 and $1.8 as of June 29, 2024 and December 31, 2023, respectively.
(2)Net of tax provision of $1.4 and $1.8 as of June 29, 2024 and December 31, 2023, respectively. The balances as of June 29, 2024 and December 31, 2023 include unamortized prior service credits.
Schedule of Amounts Reclassified from Each Component of Other Comprehensive Income (Loss)
The following summarizes amounts reclassified from each component of AOCI for the three months ended June 28, 2025 and June 29, 2024:
Amount Reclassified from AOCI 
Three months ended
June 28, 2025June 29, 2024Affected Line Item in the Condensed
Consolidated Statements of Operations
Gains on qualifying cash flow hedges:   
Swaps$(0.6)$(2.4)Interest expense
Pre-tax(0.6)(2.4) 
Income taxes— 0.7  
 $(0.6)$(1.7) 
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(0.8)$(0.8)Other income (expense), net
Income taxes0.3 0.2  
 $(0.5)$(0.6) 
The following summarizes amounts reclassified from each component of AOCI for the six months ended June 28, 2025 and June 29, 2024:
Amount Reclassified from AOCI 
Six months ended
June 28, 2025June 29, 2024Affected Line Item in the Condensed
Consolidated Statements of Operations
Gains on qualifying cash flow hedges:   
Swaps$(1.6)$(4.8)Interest expense
Pre-tax(1.6)(4.8) 
Income taxes0.3 1.3  
 $(1.3)$(3.5) 
Gains on pension and postretirement items:   
Amortization of unrecognized prior service credits - Pre-tax$(1.6)$(1.6)Other income (expense), net
Income taxes0.5 0.4  
 $(1.1)$(1.2)