Leases (Tables)

3 Months Ended

Mar. 30, 2025

Leases [Abstract]

Schedule of Lease Cost

The components of lease expense were as follows (in millions):

	Three Months Ended
	March 30, 2025		March 31, 2024
Amortization of right of use assets - finance leases	$	0.8	$	0.8
Interest on lease liabilities - finance leases	0.8		0.8
Operating lease cost	3.6		3.5
Short-term lease cost	0.4		0.4
Sublease income	(0.1)		—
Total lease cost	$	5.5	$	5.5

Cash paid for amounts included in the measurement of lease liabilities was as follows (in millions):

	Three Months Ended
	March 30, 2025		March 31, 2024
Finance lease - cash paid for interest	$	0.8	$	0.8
Finance lease - financing cash flows	$	0.4	$	0.3
Operating lease - operating cash flows (fixed payments)	$	3.4	$	3.6

Other supplemental noncash information (in millions):

	Three Months Ended
	March 30, 2025			March 31, 2024
Operating lease liabilities arising from obtaining right-of-use assets	$	6.8		$	0.2
Finance lease liabilities arising from obtaining right-of-use assets	$	—		$	0.4
	March 30, 2025			March 31, 2024
Weighted-average remaining lease term (in years):
Operating leases	4.16			4.43
Finance leases	13.56			14.58
Weighted-average discount rate:
Operating leases	5.14		%	4.92		%
Finance leases	6.35		%	6.35		%

Schedule of Balance Sheet Information

The components of leases on the balance sheet were as follows (in millions):

	March 30, 2025		December 29, 2024
Operating leases:
Operating lease right-of-use assets	$	41.5	$	37.6
Current portion of operating lease liabilities	$	12.0	$	11.3
Operating lease liabilities, net of current portion	$	33.1	$	29.8
Finance leases:
Property, plant and equipment, net	$	56.8	$	57.6
Other current liabilities	$	2.0	$	1.9
Other long-term liabilities	$	63.9	$	64.4

Schedule of Maturities of Operating Lease Liabilities

The maturity of lease liabilities is (in millions):

	Operating Leases		Finance Leases
2025 (1)	$	10.7	$	4.1
2026	12.8		6.2
2027	11.4		6.3
2028	7.8		6.5
2029	3.8		6.5
Thereafter	3.6		74.6
Total lease payments	50.1		104.2
Less: imputed interest	(5.0)		(38.3)
Total present value of lease liabilities	$	45.1	$	65.9
(1) Excludes the three months ended March 30, 2025.

Schedule of Maturities of Financing Lease Liabilities

The maturity of lease liabilities is (in millions):

	Operating Leases		Finance Leases
2025 (1)	$	10.7	$	4.1
2026	12.8		6.2
2027	11.4		6.3
2028	7.8		6.5
2029	3.8		6.5
Thereafter	3.6		74.6
Total lease payments	50.1		104.2
Less: imputed interest	(5.0)		(38.3)
Total present value of lease liabilities	$	45.1	$	65.9
(1) Excludes the three months ended March 30, 2025.