v3.26.3
Operating Leases (Tables)
9 Months Ended
Oct. 03, 2026
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases is as follows:

 

 

October 3, 2026

 

 

January 3, 2026

 

Right-of-use assets

 

$

15.9

 

 

$

17.6

 

Lease liabilities:

 

 

 

 

 

 

Current lease liabilities

 

$

3.6

 

 

$

3.8

 

Non-current lease liabilities

 

 

13.9

 

 

 

15.3

 

Total lease liabilities

 

$

17.5

 

 

$

19.1

 

 

 

 

 

 

 

 

Weighted average remaining lease term (in years):

 

 

5.1

 

 

 

 

Weighted average discount rate:

 

 

4.2

%

 

 

 

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:

 

 

 

Nine Months Ended

 

 

 

October 3, 2026

 

 

September 27, 2025

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

6.1

 

 

$

7.9

 

Non-cash impact of new leases and lease modifications

 

$

2.8

 

 

$

2.1

 

Maturities of Lease Liabilities

Maturities of lease liabilities as of October 3, 2026, are as follows:

2026 Remaining

 

 

 

$

1.6

 

2027

 

 

 

 

3.9

 

2028

 

 

 

 

3.5

 

2029

 

 

 

 

3.5

 

2030

 

 

 

 

3.4

 

2031

 

 

 

 

2.9

 

Thereafter

 

 

 

 

1.9

 

Total lease payments

 

 

 

 

20.7

 

Less: Imputed interest

 

 

 

 

(3.2

)

Total lease obligations

 

 

 

 

17.5

 

Less: Current lease liabilities

 

 

 

 

(3.6

)

Non-current lease liabilities

 

 

 

$

13.9