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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Total revenue $ 2,094.4 $ 2,048.1 $ 2,035.8
Cost of goods sold 1,090.0 1,044.6 977.0
Gross profit 1,004.4 1,003.5 1,058.8
Operating expenses:      
Selling, general and administrative 743.8 664.0 657.4
Research and development 222.8 175.2 191.4
Litigation settlements 0.5 17.8 0.0
Impairment charges, including intangible assets and goodwill - (Note 9 and Note 10) 304.0 10.0 0.0
Total operating expenses 1,271.1 867.0 848.8
Operating (loss) income (266.7) 136.5 210.0
Non-operating loss (38.6) (48.4) (16.6)
(Loss) income before provision for income taxes (305.3) 88.1 193.4
(Benefit) provision for income taxes (0.4) 6.6 49.9
Net (loss) income $ (304.9) $ 81.5 $ 143.5
Net (loss) income per share:      
Basic (in dollars per share) $ (5.72) $ 1.54 $ 2.68
Diluted (in dollars per share) $ (5.72) $ 1.51 $ 2.60
Weighted-average shares used in per share calculations:      
Basic (in shares) 53.3 52.8 53.6
Diluted (in shares) 53.3 54.1 55.2
Nonrelated Party      
Total revenue $ 1,980.3 $ 1,954.2 $ 1,932.8
Related Party      
Total revenue $ 114.1 $ 93.9 $ 103.0