Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.24.1.u1
Operating Leases (Tables)
3 Months Ended
Mar. 30, 2024
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Operating Leases

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

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

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