v3.26.1
Revenue Recognition (Tables)
6 Months Ended
Jul. 04, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Net Sales by Geographical Location, Classified Based on Customer's Location, and Revenue Streams The following table summarizes our net sales by geographical location, which are classified based on the customer’s location, and revenue streams:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(in millions)

 

July 4, 2026

 

 

June 28, 2025

 

 

July 4, 2026

 

 

June 28, 2025

 

United States and Canada

 

$

126.1

 

 

$

125.3

 

 

$

241.4

 

 

$

218.7

 

Europe, Middle East, and Africa

 

 

98.5

 

 

 

65.3

 

 

 

170.6

 

 

 

120.3

 

Latin America

 

 

13.9

 

 

 

18.6

 

 

 

40.6

 

 

 

34.9

 

Asia Pacific

 

 

6.9

 

 

 

7.5

 

 

 

17.8

 

 

 

11.3

 

Total

 

$

245.4

 

 

$

216.7

 

 

$

470.4

 

 

$

385.2

 

Equipment and Installation

 

$

152.5

 

 

$

135.9

 

 

$

272.6

 

 

$

224.7

 

Aftermarket Parts and Service

 

 

92.9

 

 

 

80.8

 

 

 

197.8

 

 

 

160.5

 

Total

 

$

245.4

 

 

$

216.7

 

 

$

470.4

 

 

$

385.2

 

Summary of Contract Assets and Contract Liabilities from Contracts with Customers

The following table provides information about contract assets and contract liabilities from contracts with customers:

 

(in millions)

 

July 4, 2026

 

 

January 3, 2026

 

Contract assets

 

$

51.0

 

 

$

56.0

 

Contract liabilities

 

 

134.4

 

 

 

131.1