Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (unaudited)

v3.25.2
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 53.0 $ 44.1
Accounts receivable, net of allowance for credit losses of $2.0 and $2.4 123.7 104.6
Inventories, net 187.2 190.1
Income taxes receivable 9.2 15.1
Other current assets 24.2 30.3
Assets of business held for sale 41.8 0.0
Total current assets 439.1 384.2
Property, plant and equipment, net 208.2 216.4
Deferred income taxes 2.3 2.1
Goodwill 523.9 498.9
Other intangible assets, net 385.4 384.0
Other assets 22.8 19.8
Total assets 1,581.7 1,505.4
Current liabilities:    
Accounts payable 74.9 56.7
Accrued compensation and benefits 21.2 24.6
Other accrued expenses and current liabilities 31.2 25.8
Current portion of long-term non-revolving debt, net 24.5 16.0
Dividends payable 3.0 3.0
Income taxes payable 10.6 12.5
Liabilities of business held for sale 13.6 0.0
Total current liabilities 179.0 138.6
Revolving line of credit 141.4 147.3
Long-term non-revolving debt, net 267.4 283.2
Deferred income taxes 56.8 41.1
Other noncurrent liabilities 25.4 30.8
Total liabilities 670.0 641.0
Commitments and contingencies
Shareholders' equity:    
Preferred stock, par value $0.001, 2.0 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, par value $0.001, 100.0 shares authorized, 33.3 and 33.3 shares issued and outstanding 0.0 0.0
Capital in excess of par value 440.7 437.4
Treasury stock, at cost, 0.2 and 0 shares respectively (6.5) 0.0
Accumulated other comprehensive loss (37.7) (75.6)
Retained Earnings 515.2 502.6
Total shareholders' equity 911.7 864.4
Total liabilities and shareholders' equity $ 1,581.7 $ 1,505.4