XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.2
Acquisitions - Narrative (Details)
$ in Millions
3 Months Ended 6 Months Ended
May 23, 2022
USD ($)
Mar. 09, 2022
USD ($)
Dec. 27, 2021
USD ($)
Jun. 25, 2023
USD ($)
Jun. 26, 2022
USD ($)
Jun. 25, 2023
USD ($)
Fair Value, Inputs, Level 3 | Valuation, Income Approach | Measurement Input, Discount Rate            
Business Acquisition [Line Items]            
Discount rate 0.064   0.11      
Fair Value, Inputs, Level 3 | Valuation, Income Approach | Measurement Input, Royalty Rate            
Business Acquisition [Line Items]            
Discount rate     0.11      
Fair Value, Inputs, Level 3 | Valuation, Income Approach | Measurement Input, Royalty Rate | Minimum            
Business Acquisition [Line Items]            
Discount rate 0.11          
Fair Value, Inputs, Level 3 | Valuation, Income Approach | Measurement Input, Royalty Rate | Maximum            
Business Acquisition [Line Items]            
Discount rate 0.12          
Cosmic Advanced Engineering Solutions, Inc.            
Business Acquisition [Line Items]            
Payments to acquire business, subject to adjustments     $ 37.9      
Payments to acquire businesses, amount not included holdback paid at later     0.4      
Current liabilities $ 2.5   6.7      
Deferred tax liabilities     2.4      
Aggregate purchase price 79.4   37.9      
Cash paid 74.4   39.4      
Common stock issued 5.0          
Deferred tax assets, net 0.2          
Cosmic Advanced Engineering Solutions, Inc. | Trade names            
Business Acquisition [Line Items]            
Intangible assets acquired $ 0.5   $ 0.6      
Useful life 5 years   5 years      
Cosmic Advanced Engineering Solutions, Inc. | Contracts and backlog            
Business Acquisition [Line Items]            
Intangible assets acquired $ 2.5   $ 1.7      
Useful life 3 years   1 year      
Cosmic Advanced Engineering Solutions, Inc. | In-process research and development            
Business Acquisition [Line Items]            
Intangible assets acquired $ 7.3          
Cosmic Advanced Engineering Solutions, Inc. | Customer relationships            
Business Acquisition [Line Items]            
Intangible assets acquired     $ 4.4      
Useful life     10 years      
Cosmic Advanced Engineering Solutions, Inc. | Developed technology            
Business Acquisition [Line Items]            
Intangible assets acquired $ 0.5   $ 1.8      
Useful life 3 years   5 years      
Southern Research Engineering Division            
Business Acquisition [Line Items]            
Revenue       $ 13.1 $ 4.1 $ 25.1
Operating income       $ 0.7 $ 0.5 $ 1.3
Aggregate purchase price   $ 79.4        
Cash paid   74.4        
Common stock issued   $ 5.0