Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Other Intangible Assets

Goodwill and other intangible assets included in the Condensed Consolidated Balance Sheets consisted of the following:

	June 29, 2024		December 30, 2023
Goodwill, net	$	442.1	$	441.0
Definite-lived intangible assets, net	147.4		161.7
Indefinite-lived intangible assets	49.1		49.1
Total goodwill and other intangible assets, net	$	638.7	$	651.9

Schedule of Activity in Carrying Amount of Goodwill

The activity in the carrying amount of goodwill, by reporting segment, was as follows:

	Workplace Furnishings		Residential Building Products		Total
Balance as of December 30, 2023
Goodwill	$	297.2	$	222.4	$	519.6
Accumulated impairment losses	(78.5)		(0.1)		(78.6)
Net goodwill balance as of December 30, 2023	218.7		222.3		441.0
Goodwill measurement period adjustments	1.1		—		1.1
Balance as of June 29, 2024
Goodwill	298.3		222.4		520.7
Accumulated impairment losses	(78.5)		(0.1)		(78.6)
Net goodwill balance as of June 29, 2024	$	219.8	$	222.3	$	442.1

Schedule of Definite-Lived Intangible Assets

The table below summarizes amortizable definite-lived intangible assets, which are reflected in "Goodwill and Other Intangible Assets, net" in the Condensed Consolidated Balance Sheets:

	June 29, 2024						December 30, 2023
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Software	$	192.0	$	144.8	$	47.2	$	199.6	$	143.4	$	56.2
Trademarks and trade names	17.9		7.7		10.2		18.1		7.3		10.8
Customer lists and other	139.7		49.7		90.1		143.9		49.2		94.7
Net definite-lived intangible assets	$	349.6	$	202.1	$	147.4	$	361.6	$	199.8	$	161.7

Schedule of Finite-Lived Intangible Assets Amortization Expense

Amortization expense is reflected in "Selling and administrative expenses" in the Condensed Consolidated Statements of Comprehensive Income and was as follows:

	Three Months Ended				Six Months Ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Capitalized software	$	5.2	$	5.5	$	10.4	$	10.9
Other definite-lived intangibles	$	2.6	$	1.9	$	5.2	$	3.4

Schedule of Estimated Amortization Expense

Based on the current amount of intangible assets subject to amortization, the estimated amortization expense for each of the following five years is as follows:

	2024		2025		2026		2027		2028
Amortization expense	$	30.2	$	27.5	$	22.9	$	16.9	$	9.0

Schedule of Indefinite Lived Intangible Assets

These indefinite-lived intangible assets are reflected in "Goodwill and Other Intangible Assets, net" in the Condensed Consolidated Balance Sheets:

	June 29, 2024		December 30, 2023
Trademarks and trade names	$	49.1	$	49.1