Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (unaudited)

v3.26.1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Apr. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 64.2 $ 73.0
Accounts receivable, net of allowance for credit losses of $1.8 and $2.3 137.5 116.0
Inventories, net 190.9 188.6
Income taxes receivable 9.4 15.4
Other current assets 24.9 21.9
Total current assets 426.9 414.9
Property, plant and equipment, net 206.6 206.6
Deferred income taxes 1.9 1.9
Goodwill 493.4 498.1
Other intangible assets, net 359.2 369.9
Other assets 23.7 23.1
Total assets 1,511.7 1,514.5
Current liabilities:    
Accounts payable 86.9 75.6
Accrued compensation and benefits 18.8 23.3
Other accrued expenses and current liabilities 27.7 23.0
Current portion of long-term non-revolving debt, net 0.0 5.4
Dividends payable 4.0 3.0
Income taxes payable 12.1 12.9
Total current liabilities 149.5 143.2
Revolving line of credit 103.7 105.5
Long-term non-revolving debt, net 244.8 256.2
Deferred income taxes 51.9 52.4
Other noncurrent liabilities 25.4 25.7
Total liabilities of disposal group 575.3 583.0
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, 33.5 and 33.4 shares issued; 33.1 and 33.1 outstanding at April 4, 2026 and January 3, 2026, respectively 0.0 0.0
Capital in excess of par value 445.3 442.9
Retained Earnings 554.8 539.1
Accumulated other comprehensive loss (45.4) (36.9)
Treasury stock, at cost, 0.4 and 0.3 shares respectively (18.3) (13.6)
Total shareholders' equity 936.4 931.5
Total liabilities and shareholders' equity $ 1,511.7 $ 1,514.5