Quarterly report pursuant to Section 13 or 15(d)

Combined Statements of Equity (Unaudited)

v3.19.3
Combined Statements of Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Former Parent Investment
Retained Earnings
Accumulated Other Comprehensive Loss
Balance, beginning (in shares) at Dec. 30, 2017   0        
Balance, beginning at Dec. 30, 2017 $ 1,357,893   $ 0 $ 1,480,375 $ 0 $ (122,482)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 79,696     79,696    
Foreign currency translation 9,701         9,701
Net transfers to former parent 113,445     113,445    
Balance, ending at Mar. 31, 2018 1,563,782   0 1,676,563 0 (112,781)
Balance, ending (in shares) at Mar. 31, 2018   0        
Balance, beginning (in shares) at Dec. 30, 2017   0        
Balance, beginning at Dec. 30, 2017 1,357,893   0 1,480,375 0 (122,482)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 211,172          
Balance, ending at Sep. 29, 2018 1,545,162   0 1,689,231 0 (144,069)
Balance, ending (in shares) at Sep. 29, 2018   0        
Balance, beginning (in shares) at Mar. 31, 2018   0        
Balance, beginning at Mar. 31, 2018 1,563,782   0 1,676,563 0 (112,781)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 60,458     60,458    
Foreign currency translation (28,518)         (28,518)
Net transfers to former parent 171,965     171,965    
Balance, ending at Jun. 30, 2018 1,767,687   0 1,908,986 0 (141,299)
Balance, ending (in shares) at Jun. 30, 2018   0        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 71,018          
Foreign currency translation (2,770)         (2,770)
Net transfers to former parent (290,773)     (290,773)    
Balance, ending at Sep. 29, 2018 1,545,162   0 1,689,231 0 (144,069)
Balance, ending (in shares) at Sep. 29, 2018   0        
Balance, beginning (in shares) at Dec. 29, 2018   0        
Balance, beginning at Dec. 29, 2018 1,723,452   0 1,868,634 0 (145,182)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 15,413     15,413 0  
Foreign currency translation 758         758
Net transfers to former parent (157,928)     (157,928)    
Balance, ending at Mar. 30, 2019 1,578,982   0 1,723,406 0 (144,424)
Balance, ending (in shares) at Mar. 30, 2019   0        
Balance, beginning (in shares) at Dec. 29, 2018   0        
Balance, beginning at Dec. 29, 2018 1,723,452   0 1,868,634 0 (145,182)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 67,901          
Net transfers to former parent           68,484
Balance, ending at Sep. 28, 2019 55,571   142,340 0 2,066 (88,835)
Balance, ending (in shares) at Sep. 28, 2019   56,727        
Balance, beginning (in shares) at Mar. 30, 2019   0        
Balance, beginning at Mar. 30, 2019 1,578,982   0 1,723,406 0 (144,424)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 37,986     16,751 21,235  
Stock-based compensation, net 1,879   1,879      
Foreign currency translation 4,686         4,686
Defined benefit pension plans (14)         (14)
Derivative financial instruments (2,420)         (2,420)
Net transfers to former parent (1,538,931)     (1,607,415)   68,484
Transfer of former parent investment to additional paid-in capital     132,742 (132,742)    
Issuance of common stock (in shares)   56,648        
Balance, ending at Jun. 29, 2019 82,168   134,621 0 21,235 (73,688)
Balance, ending (in shares) at Jun. 29, 2019   56,648        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 14,502     0 14,502  
Stock-based compensation, net (in shares)   79        
Stock-based compensation, net 5,811   7,719   (1,908)  
Foreign currency translation (11,358)         (11,358)
Defined benefit pension plans 297         297
Derivative financial instruments (4,086)         (4,086)
Dividends on Common Stock ($0.56 per share) (31,763)       (31,763)  
Balance, ending at Sep. 28, 2019 $ 55,571   $ 142,340 $ 0 $ 2,066 $ (88,835)
Balance, ending (in shares) at Sep. 28, 2019   56,727