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v3.22.4

Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Business Segment Information | The following is a summary of certain key financial measures for the respective fiscal periods indicated.
| Fiscal Year
(In millions) | 2022 |  | 2021 |  | 2020
Revenue: |  |  |  |  |
Active Group | $ | 1,570.2 |  |  | $ | 1,319.6 |  |  | $ | 909.3 |
Work Group | 590.5 |  |  | 548.8 |  |  | 425.4 |
Lifestyle Group | 447.5 |  |  | 477.0 |  |  | 407.0 |
Other | 76.6 |  |  | 69.5 |  |  | 49.4 |
Total | $ | 2,684.8 |  |  | $ | 2,414.9 |  |  | $ | 1,791.1 |
Operating profit (loss): |  |  |  |  |
Active Group | $ | 198.4 |  |  | $ | 229.5 |  |  | $ | 164.1 |
Work Group | 102.5 |  |  | 103.8 |  |  | 65.2 |
Lifestyle Group | 48.1 |  |  | 67.5 |  |  | 34.2 |
Other | 11.8 |  |  | 8.1 |  |  | 6.1 |
Corporate | (569.2) |  |  | (253.2) |  |  | (406.7) |
Total | $ | (208.4) |  |  | $ | 155.7 |  |  | $ | (137.1) |
Interest expense, net | 47.3 |  |  | 37.4 |  |  | 43.6 |
Debt extinguishment and other costs | — |  |  | 34.3 |  |  | 5.5 |
Other expense (income), net | (2.8) |  |  | 3.7 |  |  | (2.1) |
Earnings (loss) before income taxes | $ | (252.9) |  |  | $ | 80.3 |  |  | $ | (184.1) |
| Fiscal Year
(In millions) | 2022 |  | 2021 |  | 2020
Depreciation and amortization expense: |  |  |  |  |
Active Group | $ | 8.1 |  |  | $ | 5.4 |  |  | $ | 2.7 |
Work Group | 0.3 |  |  | 0.3 |  |  | 0.4 |
Lifestyle Group | 2.0 |  |  | 2.3 |  |  | 3.0 |
Other | 1.4 |  |  | 1.6 |  |  | 2.0 |
Corporate | 22.8 |  |  | 23.6 |  |  | 24.7 |
Total | $ | 34.6 |  |  | $ | 33.2 |  |  | $ | 32.8 |
Capital expenditures: |  |  |  |  |
Active Group | $ | 18.9 |  |  | $ | 5.0 |  |  | $ | 1.4 |
Work Group | 0.4 |  |  | 0.4 |  |  | — |
Lifestyle Group | 2.0 |  |  | 0.1 |  |  | 1.7 |
Other | 3.2 |  |  | 1.7 |  |  | 0.9 |
Corporate | 12.0 |  |  | 10.4 |  |  | 6.3 |
Total | $ | 36.5 |  |  | $ | 17.6 |  |  | $ | 10.3 |
(In millions) | December 31, 2022 |  | January 1, 2022
Total assets: |  |  |
Active Group | $ | 1,331.5 |  |  | $ | 1,377.3 |
Work Group | 375.7 |  |  | 284.2 |
Lifestyle Group | 514.8 |  |  | 663.4 |
Other | 58.6 |  |  | 57.8 |
Corporate | 212.1 |  |  | 203.7 |
Total | $ | 2,492.7 |  |  | $ | 2,586.4 |
Goodwill: |  |  |
Active Group | $ | 314.4 |  |  | $ | 380.3 |
Work Group | 59.6 |  |  | 61.3 |
Lifestyle Group | 97.4 |  |  | 101.3 |
Other | 13.6 |  |  | 13.7 |
Total | $ | 485.0 |  |  | $ | 556.6 |
Revenue by Geographic Region | Geographic dispersion of revenue from external customers, based on shipping destination is as follows:
| Fiscal Year
(In millions) | 2022 |  | 2021 |  | 2020
United States | $ | 1,563.1 |  |  | $ | 1,573.9 |  |  | $ | 1,234.2 |
Foreign: |  |  |  |  |
Europe, Middle East and Africa | 602.5 |  |  | 460.3 |  |  | 279.8 |
Asia Pacific | 245.7 |  |  | 161.6 |  |  | 120.3 |
Canada | 126.8 |  |  | 116.9 |  |  | 88.9 |
Latin America | 146.7 |  |  | 102.2 |  |  | 67.9 |
Total from foreign territories | 1,121.7 |  |  | 841.0 |  |  | 556.9 |
Total revenue | $ | 2,684.8 |  |  | $ | 2,414.9 |  |  | $ | 1,791.1 |
Geographic Location of Long-Lived Assets | The location of the Company’s tangible long-lived assets, which comprises property, plant and equipment and lease right-of-use assets, is as follows:
(In millions) | December 31, 2022 |  | January 1, 2022 |  | January 2, 2021
United States | $ | 222.3 |  |  | $ | 205.8 |  |  | $ | 222.2 |
Foreign countries | 88.6 |  |  | 61.4 |  |  | 44.9 |
Total | $ | 310.9 |  |  | $ | 267.2 |  |  | $ | 267.1 |

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