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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 28, 2024
Dec. 30, 2023
Current assets    
Cash and cash equivalents $ 177.6 $ 163.0
Inventories 459.2 545.0
Asset held for sale 17.4 0.0
Other current assets 145.1 168.4
Total current assets 1,225.8 1,231.9
Lease receivable, non-current 58.7 71.4
Deferred costs and other contract assets 61.0 57.3
Property and equipment, net 381.6 424.4
Finite-lived intangible assets, net 350.9 419.9
Trademarks - (Note 9) 207.3 232.4
Goodwill 96.7 407.7
Deferred tax assets 143.6 107.2
Other non-current assets 100.1 89.3
Total assets 2,625.7 3,041.5
Current liabilities    
Accounts payable 252.8 251.5
Accrued compensation 83.6 62.6
Deferred revenue and other contract-related liabilities, current 95.5 87.3
Other current liabilities 185.8 162.4
Total current liabilities 617.7 563.8
Long-term debt 727.9 871.7
Deferred tax liabilities 100.1 111.7
Other non-current liabilities 128.1 129.5
Total liabilities 1,573.8 1,676.7
Commitments and contingencies - (Note 24)
Stockholders’ equity    
Preferred stock, $0.001 par value; 5.0 shares authorized; 0.0 shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 100.0 shares authorized; 53.6 and 52.8 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively 0.1 0.1
Treasury stock, 19.5 and 19.5 shares at December 28, 2024 and December 30, 2023, respectively (1,169.2) (1,169.2)
Additional paid-in capital 838.3 783.4
Accumulated other comprehensive loss (108.2) (45.3)
Retained earnings 1,490.9 1,795.8
Total stockholders’ equity 1,051.9 1,364.8
Total liabilities and stockholders’ equity 2,625.7 3,041.5
Nonrelated Party    
Current assets    
Accounts receivable net current 411.3 348.2
Related Party    
Current assets    
Accounts receivable net current 15.2 7.3
Customer relationships    
Current assets    
Finite-lived intangible assets, net 157.6 177.7
Acquired technologies    
Current assets    
Finite-lived intangible assets, net 102.9 129.4
Other intangible assets, net    
Current assets    
Finite-lived intangible assets, net $ 90.4 $ 112.8