Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Details)

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Discontinued Operations (Details) - USD ($)
3 Months Ended 12 Months Ended
May 06, 2019
Dec. 31, 2019
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Dec. 31, 2018
Sep. 29, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Jun. 27, 2019
Jan. 01, 2019
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest                            
Net Sales                   $ 448,300,000 $ 1,038,300,000 $ 1,033,700,000    
Cost of Sales                   334,600,000 764,300,000 720,100,000    
Selling, General and Administrative Expense                   113,300,000 [1] 206,100,000 [1],[2] 177,900,000    
Research and Development Expense                   12,600,000 27,400,000 34,800,000    
Restructuring, Exit and Impairment Charges                   138,300,000 26,100,000 32,800,000    
Other (Income), Net                   (300,000) (100,000) (200,000)    
(Loss) Earnings from Discontinued Operations Before Income Taxes                   (150,200,000) [1],[3] 14,500,000 [1],[2] 68,300,000    
Income Tax Provision (Benefit)                   (32,700,000) 2,600,000 23,200,000    
(Loss) Earnings from Discontinued Operations, Net of Tax                   (117,500,000) [1],[3] 11,900,000 [1],[2] 45,100,000    
Gain on disposal of discontinued operations, net of tax                   (43,900,000) [4] 0 0    
Net (Loss) Earnings from Discontinued Operations, Net of Tax   $ (7,900,000) $ (6,400,000) $ (34,600,000) $ (112,500,000) $ (2,900,000) $ (5,200,000) $ 10,900,000 $ 9,100,000 (161,400,000) 11,900,000 45,100,000    
Tax Benefit of Loss from Disposal of Discontinued Operations                   7,400,000        
Goodwill, Impairment Loss                   0 0 $ 0    
Loss from Disposal of Discontinued Operations, Pre-Tax                   51,300,000        
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]                            
Accounts and Notes Receivable, Net           198,900,000         198,900,000      
Net Inventory           169,700,000         169,700,000      
Prepaid Expenses and Other           8,600,000         8,600,000      
Current Assets Held for Sale   0       377,200,000       0 377,200,000      
Net Property           110,900,000         110,900,000      
Goodwill           389,800,000         389,800,000      
Other Intangibles, Net           60,600,000         60,600,000      
Other Long-Term Assets           49,000,000.0         49,000,000.0      
Long-term assets held for sale   0       610,300,000       0 610,300,000     $ 631,400,000
Assets Held for Sale   0       987,500,000       0 987,500,000      
Accounts Payable           69,700,000         69,700,000      
Accrued Expenses           185,300,000         185,300,000      
Disposal Group, Including Discontinued Operation, Liabilities, Current   0       255,000,000.0       0 255,000,000.0     257,900,000
Other Liabilities           99,600,000         99,600,000      
Long-Term Liabilities Held for Sale   0       99,600,000       0 99,600,000     $ 117,800,000
Liabilities Held for Sale   0       354,600,000       0 354,600,000      
Assets Held-for-sale, Not Part of Disposal Group   3,000,000.0       8,900,000       3,000,000.0 8,900,000      
Fitness [Member]                            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                            
Net Cash Proceeds $ 473,700,000                          
Retained Assets   16,400,000               16,400,000     $ 26,400,000  
Retained Liabilities   $ 30,500,000               30,500,000     $ 45,100,000  
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest                            
Gain on disposal of discontinued operations, net of tax $ (43,900,000)                          
Goodwill, Impairment Loss, Net of Tax                   103,000,000.0        
Goodwill, Impairment Loss                   137,200,000        
Business Exit Costs                   $ 16,500,000 19,300,000      
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]                            
Assets Held for Sale           $ 978,600,000         978,600,000      
Bowling [Member]                            
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest                            
Tax Benefit of Loss from Disposal of Discontinued Operations                     2,200,000      
Loss from Disposal of Discontinued Operations, Pre-Tax                     $ 3,000,000.0      
[1] (C) The Company recorded $16.5 million and $19.3 million for the year ended December 31, 2019 and December 31, 2018, respectively, of net costs incurred in connection with the sale of Fitness
[2]
(D) The Company recorded adjustments to certain liabilities that were retained as part of the sale of the bowling businesses. As a result, (Loss) earnings from discontinued operations, net of tax, includes a gain of $3.0 million ($2.2 million after tax) for the year ended December 31, 2018.
[3]
(B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, (Loss) Earnings from discontinued operations, net of tax, includes a $137.2 million ($103.0 million after tax) goodwill impairment charge for the year ended December 31, 2019.
[4]
(A) The Loss on disposal of discontinued operations, net of tax for the year ended December 31, 2019 includes a pre-tax loss of $51.3 million and a net tax benefit of $7.4 million.