v3.25.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net loss $ (12.7) $ (1,706.0)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Depreciation and amortization 107.1 114.9
Goodwill impairment charge 0.0 1,743.9
Stock-based compensation expense 11.6 9.0
Change in deferred tax assets and liabilities (0.1) (73.9)
Other non-cash, net 5.1 (2.3)
Changes in assets and liabilities:    
Accounts receivable 2.2 26.4
Inventories (53.1) (37.7)
Prepaid expenses and other current and non-current assets 3.1 (0.8)
Accounts payable (1.3) (10.7)
Accrued payroll and related expenses 17.0 25.7
Income taxes payable 3.6 (27.7)
Other current and non-current liabilities (16.9) (61.5)
Net cash provided by (used for) operating activities 65.6 (0.7)
INVESTING ACTIVITIES    
Acquisitions of property, plant, equipment, investments and intangibles (56.2) (66.1)
Purchases of marketable securities 0.0 (7.2)
Proceeds from sale of marketable securities 0.0 63.1
Other payments 0.0 (10.0)
Net cash used for investing activities (56.2) (20.2)
FINANCING ACTIVITIES    
Proceeds from issuance of common stock 3.0 0.5
Short-term borrowings, net 0.0 (1.3)
Revolving credit facility, net 52.0 40.0
Payments on long-term borrowings (36.0) (51.9)
Payments of tax withholdings related to vesting of stock-based awards (1.4) (5.8)
Net cash provided by (used for) financing activities 17.6 (18.5)
Effect of exchange rates on cash 1.7 (1.1)
Net increase (decrease) in cash, cash equivalents and restricted cash 28.7 (40.5)
Cash, cash equivalents and restricted cash at beginning of period 98.5 119.5
Cash, cash equivalents and restricted cash at end of period 127.2 79.0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Purchase of property, equipment and intangibles by incurring current liabilities 10.1 7.6
Transfer of instrument inventories to fixed assets 29.9 37.8
Reduction of accrued payroll and related expenses upon issuance of restricted share units $ 0.0 $ 0.3