Related Party Transactions |
12 Months Ended |
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Dec. 30, 2023 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS |
17. RELATED PARTY TRANSACTIONS The Company purchases from, and sells inventory to, entities partially owned or managed by directors of Helios. For the years ended December 30, 2023, December 31, 2022 and January 1, 2022, inventory sales to the entities totaled $3.0, $3.1 and $3.4, respectively, and inventory purchases from the entities totaled $0.0, $0.0 and $3.2, respectively. At December 30, 2023 and December 31, 2022, total amounts due from the entities totaled $0.4 for both periods. In March 2022, the Company completed a sale of real estate to one of its executive officers for $1.9, which sale price was based on the valuation from an independent third-party appraisal. Concurrent with the sale, the Company also purchased real estate from the executive officer for $1.0, which purchase price reflected a below market valuation based on the original cost of the property to the executive officer, plus the cost of improvements funded by the executive officer. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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