v3.24.2
Segment information - Reconciliation of Adjusted EBITDA to Net Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Segment Reporting Information        
Net income from continuing operations $ 77.9 $ 71.3 $ 124.1 $ 102.2
Income tax expense 12.3 9.6 46.8 24.9
Income from continuing operations before taxes 90.2 80.9 170.9 127.1
Interest expense 49.1 44.5 86.6 85.3
Other (income) expenses (3.1) 3.7 (4.6) 4.0
Operating income from continuing operations 136.2 129.1 252.9 216.4
Depreciation and amortization 54.5 54.0 109.1 108.5
Transaction-related expenses 1.2 0.6 1.6 0.8
Restructuring expenses 1.6 2.2 2.8 7.7
Share-based compensation expense 5.2 6.8 13.8 16.3
Inventory impairments and adjustments (included in cost of sales) 3.4 3.5 17.3 4.1
Credit loss related to customer bankruptcy (included in SG&A) 0.0 0.7 0.1 11.4
Cybersecurity incident expenses 0.0 0.0 0.0 5.1
Other items not directly related to current operations 0.1 0.1 0.1 0.1
Adjusted EBITDA 202.2 197.3 397.8 371.8
—Severance expenses included in cost of sales        
Segment Reporting Information        
Severance expenses 0.0 0.0 0.0 0.5
SG&A        
Segment Reporting Information        
Severance expenses $ 0.0 $ 0.3 $ 0.1 $ 0.9