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Stock-Based Incentive Plans (Tables)
12 Months Ended
Dec. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes the Company's stock-based compensation expense included as a component of general and administrative expenses in the Consolidated Statements of Comprehensive Income:
 202520242023
 (In millions)
Equity classified awards expense$13.4 $16.0 $12.0 
Liability classified awards expense2.5 0.3 (1.4)
Total stock-based compensation expense15.916.310.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table summarizes the assumptions used in the Black-Scholes model for stock options granted in the years then ended. No options were granted for the year ended December 28, 2025.
20242023
Risk free interest rate4.3 %4.4 %
Weighted average historical volatility70.2 %70.9 %
Dividend yield4.2 %2.7 %
Expected years until exercise4.54.5
Weighted average fair value of options granted$22.3 $37.4 
Schedule of Share-based Compensation, Stock Options, Activity
Stock option activity for the year ended December 28, 2025 is summarized as follows:
Number of
Shares Under Option
Weighted Average
Exercise Price
Per Share
Weighted Average
Remaining Contractual
Term (in years)
Aggregate Intrinsic
Value (in millions)
Outstanding at January 1, 2023
539,575 75.65 
n/a
n/a
Granted74,390 74.94 
n/a
n/a
Exercised(69,443)54.90 
n/a
n/a
Forfeited(20,876)79.11 
n/a
n/a
Expired(61,140)82.47 
n/a
n/a
Outstanding at December 31, 2023462,506 77.59 
n/a
n/a
Granted133,729 49.06 
n/a
n/a
Forfeited(14,717)56.03 
n/a
n/a
Expired(56,872)87.07 
n/a
n/a
Outstanding at December 29, 2024
524,646 69.89 
n/a
n/a
Forfeited
(10,318)54.10 
n/a
n/a
Expired
(33,746)85.57 
n/a
n/a
Outstanding at December 28, 2025
480,582 69.13 4.57$— 
Vested and Expected to Vest at December 28, 2025
476,186 $69.30 4.54$— 
Exercisable at December 28, 2025405,052 $71.91 3.94$— 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
Activity in equity classified awards of restricted stock and restricted stock units for the years then ended is as follows:

Shares of Restricted Stock
Weighted Average
Grant-Date
Per Share Fair Value
Restricted
Stock Units
Weighted Average
Grant-Date
Per Share Fair Value
Outstanding at January 1, 2023
355,900 $73.57 123,895 $62.11 
Granted211,820 73.12 21,731 74.01 
Vested/Distributed
(165,533)73.64 (47,857)64.04 
Forfeited(63,565)73.15 (39,294)77.23 
Outstanding at December 31, 2023338,622 73.33 58,475 54.07 
Granted311,955 47.55 32,630 49.06 
Vested/Distributed
(155,368)74.37 (18,115)73.97 
Forfeited(73,750)60.10 (37)74.94 
Outstanding at December 29, 2024
421,459 56.18 72,953 46.83 
Granted
539,374 26.13 56,213 26.13 
Vested/Distributed
(199,439)59.81 (34,030)47.70 
Forfeited
(88,735)39.08 (36,516)39.61 
Outstanding at December 28, 2025
672,659 $33.26 58,620 $31.78