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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 25, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The carrying amounts of goodwill as of June 25, 2023 and December 25, 2022 by reportable segment are as follows (in millions):
| KGS |  | US |  | Total
Gross value | $ | 683.6 |  |  | $ | 127.9 |  |  | $ | 811.5 |
Less accumulated impairment | 239.5 |  |  | 13.8 |  |  | 253.3 |
Net | $ | 444.1 |  |  | $ | 114.1 |  |  | $ | 558.2 |
Schedule of Intangible Assets (Finite-Lived) | The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
| As of June 25, 2023 |  | As of December 25, 2022
| Gross Value |  | Accumulated Amortization |  | Net Value |  | Gross Value |  | Accumulated Amortization |  | Net Value
Acquired finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 80.9 |  |  | $ | (61.5) |  |  | $ | 19.4 |  |  | $ | 80.9 |  |  | $ | (60.1) |  |  | $ | 20.8 |
Contracts and backlog | 39.1 |  |  | (37.1) |  |  | 2.0 |  |  | 39.1 |  |  | (36.3) |  |  | 2.8 |
Developed technology and technical know-how | 33.7 |  |  | (27.6) |  |  | 6.1 |  |  | 33.7 |  |  | (27.0) |  |  | 6.7 |
Trade names | 3.8 |  |  | (2.5) |  |  | 1.3 |  |  | 3.8 |  |  | (2.3) |  |  | 1.5 |
In-process research and development | 16.8 |  |  | (0.3) |  |  | 16.5 |  |  | 16.8 |  |  | (0.3) |  |  | 16.5 |
Total finite-lived intangible assets | 174.3 |  |  | (129.0) |  |  | 45.3 |  |  | 174.3 |  |  | (126.0) |  |  | 48.3 |
Indefinite-lived trade names | 6.9 |  |  | — |  |  | 6.9 |  |  | 6.9 |  |  | — |  |  | 6.9 |
Total intangible assets | $ | 181.2 |  |  | $ | (129.0) |  |  | $ | 52.2 |  |  | $ | 181.2 |  |  | $ | (126.0) |  |  | $ | 55.2 |
Schedule of Intangible Assets (Indefinite-Lived) | The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
| As of June 25, 2023 |  | As of December 25, 2022
| Gross Value |  | Accumulated Amortization |  | Net Value |  | Gross Value |  | Accumulated Amortization |  | Net Value
Acquired finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 80.9 |  |  | $ | (61.5) |  |  | $ | 19.4 |  |  | $ | 80.9 |  |  | $ | (60.1) |  |  | $ | 20.8 |
Contracts and backlog | 39.1 |  |  | (37.1) |  |  | 2.0 |  |  | 39.1 |  |  | (36.3) |  |  | 2.8 |
Developed technology and technical know-how | 33.7 |  |  | (27.6) |  |  | 6.1 |  |  | 33.7 |  |  | (27.0) |  |  | 6.7 |
Trade names | 3.8 |  |  | (2.5) |  |  | 1.3 |  |  | 3.8 |  |  | (2.3) |  |  | 1.5 |
In-process research and development | 16.8 |  |  | (0.3) |  |  | 16.5 |  |  | 16.8 |  |  | (0.3) |  |  | 16.5 |
Total finite-lived intangible assets | 174.3 |  |  | (129.0) |  |  | 45.3 |  |  | 174.3 |  |  | (126.0) |  |  | 48.3 |
Indefinite-lived trade names | 6.9 |  |  | — |  |  | 6.9 |  |  | 6.9 |  |  | — |  |  | 6.9 |
Total intangible assets | $ | 181.2 |  |  | $ | (129.0) |  |  | $ | 52.2 |  |  | $ | 181.2 |  |  | $ | (126.0) |  |  | $ | 55.2 |

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