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v3.25.1

Goodwill and Intangibles - Intangibles (Details) - USD ($) $ in Millions | 3 Months Ended |  |  |
--- | --- | --- | --- | ---
Mar. 30, 2025 | Mar. 31, 2024 | Jan. 02, 2025 | Dec. 31, 2024 | Jan. 01, 2024
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | $ 350.0 |  |  | $ 331.8 |
Accumulated Amortization | (172.1) |  |  | (167.2) |
Net Carrying Amount | 177.9 |  |  | 164.6 |
Indefinite-lived intangible assets |  |  |  |  |
Indefinite-lived intangible assets | 73.7 |  |  | 70.4 |
Intangible assets |  |  |  |  |
Gross Carrying Amount | 423.7 |  |  | 402.2 |
Net Carrying Amount | 251.6 |  |  | 235.0 |
Aggregate amortization expense for amortized intangible assets | 4.9 | $ 4.7 |  |  |
Patents |  |  |  |  |
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | 5.0 |  |  | 5.0 |
Accumulated Amortization | (5.0) |  |  | (5.0) |
Customer relationships |  |  |  |  |
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | 270.1 |  |  | 251.9 |
Accumulated Amortization | (104.8) |  |  | (100.6) |
Net Carrying Amount | 165.3 |  |  | 151.3 |
Technology |  |  |  |  |
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | 53.2 |  |  | 53.2 |
Accumulated Amortization | (48.3) |  |  | (47.8) |
Net Carrying Amount | 4.9 |  |  | 5.4 |
Trade names |  |  |  |  |
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | 20.6 |  |  | 20.6 |
Accumulated Amortization | (13.2) |  |  | (13.0) |
Net Carrying Amount | 7.4 |  |  | 7.6 |
Other |  |  |  |  |
Intangible assets subject to amortization |  |  |  |  |
Gross Carrying Amount | 1.1 |  |  | 1.1 |
Accumulated Amortization | (0.8) |  |  | (0.8) |
Net Carrying Amount | 0.3 |  |  | 0.3 |
Josam Industries, LLC |  |  |  |  |
Intangible assets |  |  |  |  |
Purchase price allocated to intangible assets |  |  |  | 39.4 |
Intangible assets finite lived |  |  |  |  | $ 39.4
Josam Industries, LLC | Customer relationships |  |  |  |  |
Intangible assets |  |  |  |  |
Intangible assets finite lived |  |  |  | $ 33.5 | $ 33.5
Estimated useful lives |  |  |  | 15 years | 15 years
Josam Industries, LLC | Trade names |  |  |  |  |
Intangible assets |  |  |  |  |
Intangible assets In-definite lived |  |  |  | $ 5.9 |
I-CON |  |  |  |  |
Intangible assets |  |  |  |  |
Purchase price allocated to intangible assets | 20.9 |  |  |  |
Intangible assets finite lived |  |  | $ 20.9 |  |
I-CON | Customer relationships |  |  |  |  |
Intangible assets |  |  |  |  |
Intangible assets finite lived | $ 18.2 |  | $ 18.2 |  |
Estimated useful lives | 12 years |  | 12 years |  |

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482686/350-30-45-2 + Details
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- Definition Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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