Property and Equipment, net |
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment, net | 8. Property and Equipment, net Property and equipment, net, consists of the following:
In October 2024, the Company grounded the corporate aircraft and started exploring disposition strategies. In December 2024, the Company entered into a letter of intent to sell the aircraft, and classified the asset as held-for-sale within the healthcare segment as of December 28, 2024. During the first quarter 2025, the Company completed the sale of the corporate aircraft for $19.5 million. For the three months ended June 28, 2025 and June 29, 2024, depreciation expense of property and equipment was $6.4 million and $7.9 million, respectively. For the six months ended June 28, 2025 and June 29, 2024, depreciation expense of property and equipment was $12.9 million and $15.3 million, respectively. For the three months ended June 28, 2025 and June 29, 2024, equipment leased to customers which was amortized to cost of goods sold was $6.2 million and $6.3 million, respectively. For the six months ended June 28, 2025 and June 29, 2024, equipment leased to customers which was amortized to cost of goods sold was $12.8 million and $12.7 million, respectively. As of June 28, 2025 and December 28, 2024, accumulated amortization of equipment leased to customers was $59.0 million and $46.2 million, respectively. The balance in CIP at June 28, 2025 and December 28, 2024 related primarily to the capitalized implementation costs related to a new enterprise resource planning software system, costs related to facility improvements and the underlying assets for which have not been completed or placed into service.
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