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 | 1,682.4 | 1,870.0 | 1,613.3 | 2,217.7 | 2,541.5 | 2,788.2 | 3,042.4 | 3,228.8 |
| Revenue growth | -10.0% | 15.9% | -27.3% | -12.7% | -8.8% | -8.4% | -5.8% | -8.0% |
| Cost of goods sold | 851.8 | 903.7 | 843.0 | 1,118.3 | 1,201.4 | 1,429.3 | 1,464.2 | 1,475.4 |
| Gross profit | 830.7 | 966.4 | 770.4 | 1,099.4 | 1,340.1 | 1,358.8 | 1,578.2 | 1,753.5 |
| Gross margin | 49.4% | 51.7% | 47.7% | 49.6% | 52.7% | 48.7% | 51.9% | 54.3% |
| Selling, general and administrative | 823.7 | 842.6 | 835.1 | 1,072.9 | 1,224.6 | 1,327.8 | 1,423.3 | 1,428.7 |
| EBITA | 7.1 | 117.9 | -89.2 | 25.0 | 127.5 | 44.5 | 169.9 | 329.7 |
| EBITA margin | 0.4% | 6.3% | -5.5% | 1.1% | 5.0% | 1.6% | 5.6% | 10.2% |
| Amortization of intangibles | 2.5 | 3.4 | 7.1 | 7.1 | 11.9 | 13.5 | 15.0 | 4.9 |
| EBIT | 4.6 | 114.5 | -96.3 | 17.9 | 115.6 | 31.0 | 154.9 | 324.8 |
| EBIT margin | 0.3% | 6.1% | -6.0% | 0.8% | 4.5% | 1.1% | 5.1% | 10.1% |
| Pre-tax income | -22.1 | 53.1 | -172.0 | -31.3 | 20.2 | -453.8 | 114.3 | 311.7 |
| Income taxes | 21.4 | 26.4 | -76.0 | 18.7 | 21.1 | 19.8 | 28.7 | 81.8 |
| Tax rate | | 49.8% | 44.2% | | 104.7% | | 25.1% | 26.2% |
| Net income | -44.2 | 25.4 | -96.1 | -52.4 | -3.5 | -478.2 | 78.9 | 220.6 |
| Net margin | -2.6% | 1.4% | -6.0% | -2.4% | -0.1% | -17.2% | 2.6% | 6.8% |
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| Diluted EPS | ($0.85) | $0.48 | ($1.88) | ($1.04) | ($0.07) | ($9.87) | $1.63 | $4.51 |
| Shares outstanding (diluted) | 51.8 | 52.8 | 51.1 | 50.2 | 49.2 | 48.5 | 48.3 | 48.9 |
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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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