| |
December 31,
|
December 26,
|
| (In millions, except share data) |
2000
|
1999
|
 |
| ASSETS |
|
|
| Current assets |
|
|
| Cash and cash equivaients |
$ 401.8
|
$ 138.7
|
| Accounts receivable, net of allowances of $18.3
and $13.7 at December 31, 2000 |
|
|
| and December 26, 1999, respectively |
225.0
|
140.3
|
| Inventories |
192.8
|
166.3
|
| Deferred income taxes |
47.3
|
5.6
|
| Prepaid and other current assets |
9.5
|
8.1
|
|
| Total current
assets |
876.4
|
459.0
|
| Property, plant and equipment, net |
596.6
|
375.8
|
| Deferred income taxes |
6.8
|
3.8
|
| Intangible assets, net |
298.1
|
261.4
|
| Other assets |
59.6
|
37.6
|
|
| Total assets |
$ 1,837.5
|
$1,137.6
|
|
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Current liabilities: |
|
|
| Current portion of long-term debt |
$ -
|
$ 1.4
|
| Accounts payable |
155.3
|
109.3
|
| Accrued expenses and other current liabilities |
136.9
|
96.0
|
|
| Total current
liabilities |
292.2
|
206.7
|
| Long term debt, less current portion |
705.2
|
717.2
|
| Other liabilities |
2.4
|
0.5
|
|
| Total liabilities |
999.8
|
924.4
|
|
| Commitments and contingencies |
|
|
| Stockholders' equity: |
|
|
| Class A common stock, $ 0.1 par value, voting,
140,000,000 shares authorized, |
|
|
| 82,335,912 and 60,668,500
shares issued and 82,043,635 and 60,382,969 outstanding |
|
|
| at December 31, 2000 and December
26, 1999, respectively |
0.8
|
0.6
|
| Class B common stock, $ 0.1 par value, nonvoting,
140,000,000 shares authorized, and |
|
|
| 17,281,000 and 28,396,000
shares issued and outstanding at December 31, 2000 and |
|
|
| December 26, 1999, respectively |
0.2
|
0.3
|
| Additional paid-in capital |
801.1
|
449.5
|
| Accumulated earnings (deficit) |
41.8
|
(231.3)
|
| Less treasury stock (at cost) |
(6.2)
|
(5.9)
|
|
| Total stockholders'
equity |
837.7
|
213.2
|
|
| Total liabilities
and stockholders' equity |
$1,837.5
|
$1,137.6
|
|
See accompanying notes to consolidated financial statements |
|
