Acquisitions (Tables)

6 Months Ended

Jun. 29, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Preliminary Allocation of the Purchase Price Over the Estimated Fair Values

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	(14.5)
Goodwill	29.9
Net assets acquired	$	37.0

Schedule of Consideration Paid for the Acquired Assets

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