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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 44.7 $ 47.6
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 72.2 75.8
Stock-based compensation expense 29.6 (2.4)
(Gain) loss on disposal of equipment, intangibles and other assets (0.3) 0.6
Provision for credit losses 0.9 1.1
Amortization of debt issuance cost 1.4 1.4
Impairment charge 0.0 7.0
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable [1] (9.4) 84.8
(Increase) decrease in inventories (40.1) (93.1)
(Increase) decrease in other current assets (12.3) (14.6)
(Increase) decrease in lease receivable, net 7.1 (6.8)
(Increase) decrease in deferred costs and other contract assets (2.3) (2.9)
(Increase) decrease in other non-current assets 0.1 (42.0)
Increase (decrease) in accounts payable 29.4 3.6
Increase (decrease) in accrued compensation 13.3 (32.8)
Increase (decrease) in accrued liabilities 24.6 (19.5)
Increase (decrease) in income tax payable (1.0) (7.1)
Increase (decrease) in deferred revenue and other contract-related liabilities (3.0) (6.2)
Increase (decrease) in other non-current liabilities (9.0) 22.5
Net cash provided by (used in) operating activities 145.9 17.0
Cash flows from investing activities:    
Purchases of property and equipment (24.5) (33.1)
Proceeds from sale of property and equipment 13.5 0.0
Increase in intangible assets (23.6) (29.3)
Business combinations, net of cash acquired 0.0 7.5
Other strategic investing activities (0.1) (1.0)
Net cash (used in) provided by investing activities (34.7) (55.9)
Cash flows from financing activities:    
Borrowings under line of credit 72.7 139.5
Repayments on line of credit (207.2) (154.3)
Proceeds from issuance of common stock 21.4 6.7
Payroll tax withholdings on behalf of employees for vested equity awards (6.0) (12.7)
Net cash (used in) provided by financing activities (119.1) (20.8)
Effect of foreign currency exchange rates on cash 3.4 (17.6)
Net decrease in cash, cash equivalents and restricted cash (4.5) (77.3)
Cash, cash equivalents and restricted cash at beginning of period 168.2 209.6
Cash, cash equivalents and restricted cash at end of period $ 163.7 $ 132.3
[1] Includes the change in amounts owed from related parties for the nine months ended September 28, 2024 and September 30, 2023 of approximately $5.8 million and $(2.6) million, respectively. See Note 3, “Related Party Transactions” for details.