v3.25.2
Deferred Revenue and Other Contract Liabilities, Current (Tables)
6 Months Ended
Jun. 28, 2025
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Contract with Customer, Asset and Liability
Deferred revenue and other contract liabilities, current consist of the following:
(in millions)June 28,
2025
December 28,
2024
Deferred revenue$65.2 $61.9 
Accrued rebates and allowances25.1 23.0 
Accrued customer reimbursements6.7 10.1 
     Total deferred revenue and other contract liabilities97.0 95.0 
Less: Non-current portion of deferred revenue(21.6)(18.1)
     Deferred revenue and other contract liabilities, current$75.4 $76.9 
Schedule of Deferred Revenue
Changes in deferred revenue for the six months ended June 28, 2025 and June 29, 2024, were as follows:
(in millions)Six Months Ended
June 28,
2025
Six Months Ended
June 29,
2024
Deferred revenue, beginning of the period$61.9 $48.4 
  Revenue deferred during the period27.1 15.9 
  Recognition of revenue deferred in prior periods(23.8)(15.9)
     Deferred revenue, end of the period$65.2 $48.4