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Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables)
12 Months Ended
Dec. 28, 2024
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Income (Loss) and Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax
The following table summarizes the components of accumulated other comprehensive income (loss) and the changes in accumulated other comprehensive income (loss), net of tax, as applicable:
Foreign Currency
Translation Adjustment
Unrealized Gains
(Losses) on Debt
Securities
Pension and Post-retirement
Liabilities
Derivative Financial
Instruments
Accumulated Other
Comprehensive Income (Loss)
Balance as of January 1, 2022$(0.7)$0.1 $(5.4)$(0.7)$(6.8)
Other comprehensive income (loss) before reclassifications(2.4)(0.9)5.3 1.1 3.2 
Tax (expense) or benefit— 0.2 (1.3)(0.3)(1.3)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax(3.3)(0.0)0.2 (0.0)(3.1)
Balance as of December 31, 2022$(6.4)$(0.6)$(1.1)$0.1 $(8.0)
Other comprehensive income (loss) before reclassifications(0.2)0.3 (0.2)(3.4)(3.5)
Tax (expense) or benefit— (0.1)0.1 0.8 0.8 
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— 0.1 0.1 (0.2)0.0 
Balance as of December 30, 2023$(6.5)$(0.3)$(1.2)$(2.7)$(10.6)
Other comprehensive income (loss) before reclassifications(0.4)0.1 1.3 2.5 3.5 
Tax (expense) or benefit— (0.0)(0.3)(0.6)(0.9)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— 0.0 0.1 (0.4)(0.2)
Balance as of December 28, 2024$(6.9)$(0.1)$(0.1)$(1.1)$(8.3)
Amounts in parentheses indicate reductions to equity.
Schedule of Reclassification from Accumulated Other Comprehensive Income (Loss)
The following table details the reclassifications from accumulated other comprehensive income (loss):
Details about Accumulated Other Comprehensive Income (Loss) ComponentsAffected Line Item in the Statement Where Net Income is Presented202420232022
Derivative financial instruments
Interest rate swapInterest expense, net$0.5 $0.2 $0.1 
Income tax expense(0.1)(0.1)(0.0)
Unrealized gains (losses) on debt securities
Gain (loss) on sale of debt securitiesSelling and administrative expenses(0.1)(0.1)0.0 
Income tax expense0.0 0.0 (0.0)
Pension and post-retirement liabilities
Amortization of lossSelling and administrative expenses(0.1)(0.1)(0.3)
Income tax expense0.0 0.0 0.1 
Foreign currency translation
Lamex divestitureGain on sale of subsidiary— — 3.3 
Net of tax$0.2 $(0.0)$3.1 
Amounts in parentheses indicate reductions to profit.
Schedule of Dividends Declared and Paid Cash Dividends Per Common Share
The Corporation declared and paid cash dividends per common share as follows:
202420232022
Dividends per common shares$1.31 $1.28 $1.27 
Schedule of Common Stock Issued The following table provides the average price per share issued under the MSPP:
202420232022
Average price per share$40.11 $27.15 $26.50 
Schedule of Shares Repurchased and Settled The following table summarizes shares repurchased and settled by the Corporation:
202420232022
Shares repurchased1.3 0.0 1.7 
Average price per share$50.86 $41.98 $38.11 
Cash purchase price$(66.0)$(0.4)$(63.9)
Purchases unsettled as of year end0.2 0.1 — 
Prior year purchases settled in current year(0.1)— (1.3)
Shares repurchased per cash flow$(65.8)$(0.3)$(65.2)