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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2024
Dec. 30, 2023
Apr. 01, 2023
Current assets      
Cash and cash equivalents $ 157.6 $ 163.0 $ 174.1
Trade accounts receivable, net of allowance for credit losses of $4.7 million and $4.8 million at March 30, 2024 and December 30, 2023, respectively 330.7 355.5  
Inventories 506.1 545.0  
Assets held for sale 11.4   0.0
Other current assets 159.8 168.4  
Total current assets 1,165.6 1,231.9  
Lease receivable, non-current 70.3 71.4  
Deferred costs and other contract assets 57.9 57.3  
Property and equipment, net 415.0 424.4  
Finite-lived intangible assets, net 413.2 419.9  
Trademarks - (Note 9) 222.7 232.4  
Goodwill 396.0 407.7  
Deferred tax assets 107.1 107.2  
Other non-current assets 109.9 89.3  
Total assets 2,957.7 3,041.5  
Current liabilities      
Accounts payable 203.1 251.5  
Accrued compensation 65.2 62.6  
Deferred revenue and other contract liabilities, current 70.0 87.3  
Other current liabilities 165.9 162.4  
Total current liabilities 504.2 563.8  
Long-term debt 841.4 871.7  
Deferred tax liabilities 106.9 111.7  
Other non-current liabilities 140.0 129.5  
Total liabilities 1,592.5 1,676.7  
Commitments and contingencies - (Note 24)  
Stockholders’ equity      
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding 0.0 0.0  
Common stock, $0.001 par value; 100.0 million shares authorized; 53.1 million and 52.8 million shares issued and outstanding at March 30, 2024 and December 30, 2023, respectively 0.1 0.1  
Treasury stock, 19.5 million and 19.5 million shares at March 30, 2024 and December 30, 2023, respectively (1,169.2) (1,169.2)  
Additional paid-in capital 794.9 783.4  
Accumulated other comprehensive loss (75.3) (45.3)  
Retained earnings 1,814.7 1,795.8  
Total stockholders’ equity 1,365.2 1,364.8 $ 1,330.3
Total liabilities and stockholders’ equity 2,957.7 3,041.5  
Customer relationships      
Current assets      
Finite-lived intangible assets, net 169.3 177.7  
Acquired technologies      
Current assets      
Finite-lived intangible assets, net 119.9 129.4  
Other intangible assets, net - (Note 9)      
Current assets      
Finite-lived intangible assets, net $ 124.0 $ 112.8