Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables)

6 Months Ended

Jul. 04, 2026

Schedule of Components of Accumulated Other Comprehensive Income (Loss) and Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

The following tables summarize 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 Instrument		Accumulated Other Comprehensive Income (Loss)
Balance as of January 3, 2026	$	1.6	$	0.1	$	3.3	$	(1.5)	$	3.5
Other comprehensive income (loss) before reclassifications	(7.2)		(0.2)		—		0.7		(6.7)
Tax (expense) or benefit	—		0.0		—		(0.2)		(0.1)

Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—		—		—		0.4		0.4
Balance as of July 4, 2026	$	(5.6)	$	(0.0)	$	3.3	$	(0.5)	$	(2.9)

Amounts in parentheses indicate reductions to equity.


	Foreign Currency Translation Adjustment		Unrealized Gains (Losses) on Debt Securities		Pension and Post-retirement Liabilities		Derivative Financial Instrument		Accumulated Other Comprehensive Income (Loss)
Balance as of December 28, 2024	$	(6.9)	$	(0.1)	$	(0.1)	$	(1.1)	$	(8.3)
Other comprehensive income (loss) before reclassifications	0.5		0.2		—		(1.0)		(0.3)
Tax (expense) or benefit	—		(0.0)		—		0.2		0.2

Amounts reclassified from accumulated other comprehensive income (loss), net of tax	5.7		—		2.0		0.1		7.9
Balance as of June 28, 2025	$	(0.6)	$	0.0	$	2.0	$	(1.8)	$	(0.4)

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):


		Three Months Ended				Six Months Ended
Details about Accumulated Other Comprehensive Income (Loss) Components	Affected Line Item in the Statement Where Net Income is Presented	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Derivative financial instrument
Interest rate swap	Interest expense, net	$	(0.3)	$	(0.1)	$	(0.5)	$	(0.2)
	Income taxes	0.1		0.0		0.1		0.0



Pension and post-retirement liabilities
Pension settlement	Selling and administrative expenses	—		(2.7)		—		(2.7)
	Income taxes	—		0.7		—		0.7
Foreign currency translation
HNI India divestiture	Restructuring, impairment, and loss on divestiture	—		(5.7)		—		(5.7)
	Net of tax	$	(0.2)	$	(7.9)	$	(0.4)	$	(7.9)

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:


	Six Months Ended
	July 4, 2026		June 28, 2025
Dividends per common share	$	0.69	$	0.67

Schedule of Shares Repurchased and Settled

The following table summarizes shares repurchased and settled by the Corporation:


	Six Months Ended
	July 4, 2026		June 28, 2025
Shares repurchased	—		1.7
Average price per share	$	—	$	45.75

Cash purchase price	$	—	$	(79.9)
Purchases unsettled as of quarter end	—		0.4
Prior year purchases settled in current year	—		(0.2)
Shares repurchased per cash flow	$	—	$	(79.8)