v3.26.1
Non-cash Share-based Compensation (Tables)
6 Months Ended
Jul. 04, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Non-cash Share-based Compensation Expense The following table summarizes non-cash share-based compensation expense:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(in millions)

 

July 4, 2026

 

 

June 28, 2025

 

 

July 4, 2026

 

 

June 28, 2025

 

Expenses related to Midera employee participation in Middleby’s incentive plan

 

$

0.9

 

 

$

0.6

 

 

$

2.0

 

 

$

0.8

 

Expenses allocated to Midera for corporate or shared employees based on net sales

 

 

1.2

 

 

 

0.8

 

 

 

2.6

 

 

 

1.0

 

Total pre-tax non-cash share-based compensation expense

 

 

2.1

 

 

 

1.4

 

 

 

4.6

 

 

 

1.8

 

Tax expense (benefit)

 

 

 

 

 

 

 

 

0.1

 

 

 

(0.1

)

Total non-cash share-based compensation expense, net of tax

 

$

2.1

 

 

$

1.4

 

 

$

4.7

 

 

$

1.7