Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
| Revenues | 2,684.8 | 2,414.9 | 1,791.1 | 2,273.7 | 2,239.2 | 2,350.0 | 2,486.3 | 2,691.6 |
| Revenue growth | 11.2% | 34.8% | -21.2% | 1.5% | -4.7% | -5.5% | -7.6% | -2.5% |
| Cost of goods sold | 1,614.4 | 1,385.0 | 1,055.5 | 1,349.9 | 1,317.9 | 1,426.6 | 1,526.4 | 1,636.9 |
| Gross profit | 1,070.4 | 1,029.9 | 735.6 | 923.8 | 921.3 | 923.4 | 959.9 | 1,054.7 |
| Gross margin | 39.9% | 42.6% | 41.1% | 40.6% | 41.1% | 39.3% | 38.6% | 39.2% |
| Selling, general and administrative | 906.4 | 817.8 | 639.4 | 669.3 | 654.1 | 706.0 | 754.1 | 816.0 |
| EBITA | 48.2 | 164.1 | 92.2 | 179.6 | 258.1 | 191.5 | 228.1 | 254.3 |
| EBITA margin | 1.8% | 6.8% | 5.1% | 7.9% | 11.5% | 8.1% | 9.2% | 9.4% |
| Amortization of intangibles | 7.9 | 8.4 | 7.1 | 8.6 | 6.2 | 9.4 | 14.0 | 15.6 |
| EBIT | 40.3 | 155.7 | 85.1 | 171.0 | 251.9 | 182.1 | 214.1 | 238.7 |
| EBIT margin | 1.5% | 6.4% | 4.8% | 7.5% | 11.2% | 7.7% | 8.6% | 8.9% |
| Pre-tax income | -252.9 | 80.3 | -184.1 | 145.9 | 227.4 | -10.6 | 110.5 | 164.6 |
| Income taxes | -63.8 | 13.3 | -45.5 | 17.0 | 27.1 | -9.9 | 23.0 | 41.4 |
| Tax rate | 25.2% | 16.6% | 24.7% | 11.7% | 11.9% | 93.4% | 20.8% | 25.2% |
| Net income | -188.3 | 68.6 | -136.9 | 128.5 | 200.1 | 0.3 | 87.7 | 122.8 |
| Net margin | -7.0% | 2.8% | -7.6% | 5.7% | 8.9% | 0.0% | 3.5% | 4.6% |
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| Diluted EPS | ($2.36) | $0.82 | ($1.69) | $1.47 | $2.11 | $0.00 | $0.89 | $1.20 |
| Shares outstanding (diluted) | 79.7 | 83.3 | 81.0 | 87.2 | 95.0 | 95.4 | 99.0 | 102.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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