v3.24.3
Segment information - Reconciliation of Adjusted EBITDA to Net Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Segment Reporting Information        
Net income from continuing operations $ 55.2 $ 85.6 $ 179.3 $ 187.8
Income tax expense 14.0 1.0 60.8 25.9
Income from continuing operations before taxes 69.2 86.6 240.1 213.7
Interest expenses 35.1 39.5 121.7 124.8
Loss on deconsolidation of Russian subsidiary 12.8 0.0 12.8 0.0
Other (income) expenses (3.9) (0.2) (8.5) 3.8
Operating income from continuing operations 113.2 125.9 366.1 342.3
Depreciation and amortization 53.7 54.0 162.8 162.5
Transaction-related expenses 0.5 1.3 2.1 2.1
Asset impairments 0.0 0.1 0.0 0.1
Restructuring expenses 2.2 2.6 5.0 10.3
Share-based compensation expense 6.4 3.3 20.2 19.6
Inventory impairments and adjustments (included in cost of sales) 4.4 2.2 21.7 6.3
Credit (gain) loss related to customer bankruptcy (included in SG&A) (0.2) 0.0 (0.1) 11.4
Cybersecurity incident expenses 0.0 0.0 0.0 5.1
Other items not directly related to current operations 0.0 0.1 0.1 0.2
Adjusted EBITDA 182.5 189.4 580.3 561.2
—Severance and other expenses (income) included in cost of sales        
Segment Reporting Information        
Severance expenses 0.9 (0.1) 0.9 0.4
SG&A        
Segment Reporting Information        
Severance expenses $ 1.4 $ 0.0 $ 1.5 $ 0.9