XML 25 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Total revenue $ 371.5 $ 343.3 $ 1,114.4 $ 1,026.8
Cost of goods sold 140.9 131.2 416.5 400.8
Gross profit 230.6 212.1 697.9 626.0
Operating expenses:        
Selling, general and administrative 116.4 136.6 374.7 378.5
Research and development 30.5 37.3 94.3 114.2
Litigation settlements 0.1 0.0 2.8 0.0
Total operating expenses 147.0 173.9 471.8 492.7
Operating income 83.6 38.2 226.1 133.3
Non-operating loss (8.7) (9.0) (27.5) (31.7)
Income from continuing operations before provision for income taxes 74.9 29.2 198.6 101.6
Provision for income taxes 21.2 4.9 52.8 20.4
Net income from continuing operations, net of tax 53.7 24.3 145.8 81.2
Net (loss) from discontinued operations, net of tax - (Note 18) (154.1) (14.5) (365.6) (36.5)
Net (loss) income $ (100.4) $ 9.8 $ (219.8) $ 44.7
Net income (loss) per share:        
Basic income per share - continuing operations (in dollars per share) $ 0.99 $ 0.46 $ 2.70 $ 1.53
Basic (loss) per share - discontinued operations (in dollars per share) (2.85) (0.27) (6.76) (0.69)
Basic (loss) income per share (in dollars per share) (1.86) 0.19 (4.06) 0.84
Diluted income per share - continuing operations (in dollars per share) 0.99 0.45 2.67 1.50
Diluted (loss) per share - discontinued operations (in dollars per share) (2.83) (0.27) (6.68) (0.67)
Diluted (loss) income per share (in dollars per share) $ (1.84) $ 0.18 $ (4.01) $ 0.83
Weighted-average shares used in per share calculations:        
Basic (in shares) 54.0 53.4 54.1 53.2
Diluted (in shares) 54.4 54.3 54.7 54.3
Nonrelated Party        
Total revenue $ 343.1 $ 316.1 $ 1,028.4 $ 943.9
Related Party        
Total revenue $ 28.4 $ 27.2 $ 86.0 $ 82.9