XML 56 R42.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases (Tables)
12 Months Ended
Jan. 02, 2022
Leases [Abstract]  
Assets and Liabilities, Lessee

The following table presents supplemental balance sheet information related to the Company’s operating leases:

 

 

January 2, 2022

 

January 3, 2021

 

Operating leases right-of-use assets

 

 

 

 

 

Other assets

 

$

30.4

 

$

26.7

 

Operating lease liabilities

 

 

 

 

 

Accrued liabilities

 

$

13.4

 

$

15.1

 

Other liabilities

 

 

17.3

 

 

12.2

 

Summary of Cash Flow Information, Lease Term And Discount Rate of Operating Lease

The following table contains supplemental cash flow information related to operating leases for the year ended January 2, 2022 and January 3, 2021:

 

 

January 2, 2022

 

 

January 3, 2021

 

 

December 29, 2019

 

Cash paid for amounts included in the measurement of operating lease
liabilities

 

$

25.6

 

 

$

20.8

 

 

$

24.2

 

Right-of-use operating lease assets obtained in exchange for lease
   obligations

 

 

21.3

 

 

 

6.6

 

 

 

12.8

 

Lease term and discount rates of operating leases as of January 2, 2022 and January 3, 2021 were:

 

 

January 2, 2022

 

 

January 3, 2021

 

 

December 29, 2019

 

Weighted-average remaining lease term (years)

 

 

3.5

 

 

 

2.9

 

 

 

3.1

 

Weighted-average discount rate

 

 

6.3

%

 

 

8.7

%

 

 

9.2

%

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities as of January 2, 2022 were:

 

 

Operating
leases

 

2022

 

$

13.7

 

2023

 

 

8.7

 

2024

 

 

5.0

 

2025

 

 

2.6

 

2026

 

 

1.6

 

Thereafter

 

 

2.1

 

Total minimum lease payments

 

$

33.7

 

Less: imputed interest

 

 

3.0

 

Present value of lease liabilities

 

$

30.7

 

Equipment Leased to Customers

As of January 2, 2022 and January 3, 2021, the Company’s equipment leased to customers under operating-type leases was:

 

 

January 2, 2022

 

 

January 3, 2021

 

Customer leased instruments

 

$

775.9

 

 

$

727.3

 

Less: Accumulated depreciation

 

 

(497.0

)

 

 

(432.8

)

Total Customer leased instruments, net

 

$

278.9

 

 

$

294.5