XML 64 R21.htm IDEA: XBRL DOCUMENT
v3.24.3

Earnings Per Share and Shareholders' Equity | 9 Months Ended
--- | ---
Sep. 28, 2024
Earnings Per Share [Abstract] |
Earnings Per Share and Shareholders' Equity | EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY Earnings per Share A reconciliation of the numerators and denominators used in our basic and diluted earnings per share ("EPS") calculation is as follows (in millions):
| Three Months Ended |  | Nine Months Ended
| September 28, 2024 |  | September 30, 2023 |  | September 28, 2024 |  | September 30, 2023
Numerator: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (17.6) |  |  | $ | 15.4 |  |  | $ | (119.2) |  |  | $ | 23.3 |
Loss from discontinued operations, net of tax | (3.4) |  |  | (1.2) |  |  | (8.1) |  |  | (3.7) |
Net income (loss) | $ | (21.0) |  |  | $ | 14.2 |  |  | $ | (127.3) |  |  | $ | 19.6 |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding for basic EPS | 137.5 |  |  | 135.5 |  |  | 137.3 |  |  | 135.2 |
Dilutive effect of share-based awards | — |  |  | 1.4 |  |  | — |  |  | 1.4 |
Weighted average shares outstanding for diluted EPS (1) | 137.5 |  |  | 136.9 |  |  | 137.3 |  |  | 136.6 |
(1) In the period of a net loss from continuing operations, diluted shares equal basic shares. Shareholders' Equity In October 2018, our Board of Directors authorized up to $1.0 billion of share repurchases with no expiration date, subject to the Board of Directors’ approval of the pricing parameters and amount that may be repurchased under each specific share repurchase program (the "2018 Authorization"). We did not repurchase any shares during the three and nine months ended September 28, 2024 or September 30, 2023.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration