Acquisitions (Tables)

3 Months Ended

Mar. 30, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price over the estimated fair values of the Norden assets acquired and liabilities assumed (in millions):

Accounts receivable	$	1.5
Inventory	8.3
Other current assets	0.1
Property and equipment	1.7
Intangible assets	10.0
Total identifiable net assets acquired	21.6
Total identifiable net liabilities assumed	(13.1)
Goodwill	28.5
Net assets acquired, excluding cash	$	37.0

Schedule of Business Acquisitions, by Acquisition

A summary of the consideration paid for the acquired assets is as follows (in millions):

Common stock issued	$	32.2
Holdback that may be issued at later date	6.0
Less: estimated purchase price adjustment	(1.2)
Total consideration	$	37.0