Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

3 Months Ended

Mar. 30, 2024

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


	March 30, 2024			December 30, 2023
Right-of-use assets	$	25.7		$	25.8
Lease liabilities:
Current lease liabilities	$	5.1		$	4.0
Non-current lease liabilities		22.1			23.2
Total lease liabilities	$	27.2		$	27.2

Weighted average remaining lease term (in years):		4.6
Weighted average discount rate:		4.6	%

Supplemental cash flow information related to leases is as follows:


	Three Months Ended
	March 30, 2024		April 1, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2.0	$	1.7
Non-cash impact of new leases and lease modifications	$	1.3	$	0.1

Maturities of lease liabilities are as follows:


2024 Remaining	$	5.5
2025		5.3
2026		5.0
2027		3.9
2028		3.5
2029		3.4
Thereafter		7.6
Total lease payments		34.2
Less: Imputed interest		(7.0	)
Total lease obligations		27.2
Less: Current lease liabilities		(5.1	)
Non-current lease liabilities	$	22.1