Discontinued Operations |
6 Months Ended |
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Jul. 04, 2025 | |
Discontinued Operations and Disposal Groups [Abstract] | |
Discontinued Operations | Discontinued Operations The Company holds certain asbestos-related contingencies and insurance coverages from divested businesses for which it does not have an interest in the ongoing operations. The Company has classified asbestos-related activity included in its Consolidated and Condensed Statements of Operations as part of Loss from discontinued operations, net of taxes. This activity consists primarily of expected settlements, legal and administrative expenses associated with the above liabilities. Discontinued operations consist primarily of Selling, general and administrative expense, with an associated tax impact that is considered immaterial. See Note 14, “Commitments and Contingencies” for further information. Cash used in operating activities related to discontinued operations was $4.9 million and $7.2 million for the three and six months ended July 4, 2025, respectively, and $4.8 million and $8.5 million for the three and six months ended June 28, 2024, respectively.
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