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Restructuring and Other Charges | 12 Months Ended
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Dec. 30, 2023
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | 17. Restructuring and Other Charges Pre-tax restructuring and other charges for the year ended December 30, 2023 were as follows:
|  | Year Ended December 30, 2023 |
|  |  |  |  |  | Other Charges (a) |  |  |  |  |
(In millions) |  | Restructuring Charges |  |  |  | Cost of Products Sold |  |  | SG&A(b) |  |  |  | Total Charges |
Water |  | $ | 2.2 |  |  |  | $ | 2.6 |  |  | $ | — |  |  |  | $ | 4.8 |
Outdoors |  |  | 4.2 |  |  |  |  | (0.1 | ) |  |  | — |  |  |  |  | 4.1 |
Security |  |  | 25.4 |  |  |  |  | 19.2 |  |  |  | — |  |  |  |  | 44.6 |
Corporate |  |  | 0.7 |  |  |  |  | — |  |  |  | — |  |  |  |  | 0.7 |
Total |  | $ | 32.5 |  |  |  | $ | 21.7 |  |  | $ | — |  |  |  | $ | 54.2 |
(a) “Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities. (b) Selling, general and administrative expenses. Restructuring and other charges in 2023 are largely related to costs associated with the planned closure of a manufacturing facility within our Security segment and headcount actions across all segments. Pre-tax restructuring and other charges for the year ended December 31, 2022 were as follows:
|  | Year Ended December 31, 2022 |
|  |  |  |  |  | Other Charges (a) |  |  |  |  |
(In millions) |  | Restructuring Charges |  |  |  | Cost of Products Sold |  |  | SG&A(b) |  |  |  | Total Charges |
Water |  | $ | 6.3 |  |  |  | $ | (0.2 | ) |  | $ | 0.8 |  |  |  | $ | 6.9 |
Outdoors |  |  | 24.5 |  |  |  |  | (6.2 | ) |  |  | — |  |  |  |  | 18.3 |
Security |  |  | 0.6 |  |  |  |  | — |  |  |  | — |  |  |  |  | 0.6 |
Corporate |  |  | 1.0 |  |  |  |  | — |  |  |  | — |  |  |  |  | 1.0 |
Total |  | $ | 32.4 |  |  |  | $ | (6.4 | ) |  | $ | 0.8 |  |  |  | $ | 26.8 |
(a) “Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities. (b) Selling, general and administrative expenses. Restructuring and other charges in 2022 were largely related to severance costs associated with the relocation of manufacturing facilities in the Outdoors segment and headcount actions across all segments. Pre-tax restructuring and other charges for the year ended December 31, 2021 were as follows:
|  | Year Ended December 31, 2021 |
|  |  |  |  |  | Other Charges (a) |  |  |  |  |
(In millions) |  | Restructuring Charges |  |  |  | Cost of Products Sold |  |  | SG&A(b) |  |  |  | Total Charges |
Water |  | $ | (1.1 | ) |  |  | $ | 2.0 |  |  | $ | 2.1 |  |  |  | $ | 3.0 |
Outdoors |  |  | 8.3 |  |  |  |  | — |  |  |  | (0.6 | ) |  |  |  | 7.7 |
Security |  |  | 2.1 |  |  |  |  | — |  |  |  | — |  |  |  |  | 2.1 |
Total |  | $ | 9.3 |  |  |  | $ | 2.0 |  |  | $ | 1.5 |  |  |  | $ | 12.8 |
(a) “Other Charges” represent charges or gains directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such charges or gains may include losses on disposal of inventories, trade receivables allowances from exiting product lines, write-off of displays from exiting a customer relationship, accelerated depreciation resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities. (b) Selling, general and administrative expenses. Restructuring and other charges in 2021 were largely related to severance costs associated with the relocation of manufacturing facilities in the Outdoors segment and headcount actions across all segments. Reconciliation of Restructuring Liability
(In millions) |  | Balance at 12/31/22 |  |  | 2023 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs |  |  | Balance at 12/30/23 |
Workforce reduction costs |  | $ | 16.2 |  |  | $ | 17.9 |  |  | $ | (20.1 | ) |  | $ | 0.6 |  |  | $ | 14.6 |
Other |  |  | 13.5 |  |  |  | 14.6 |  |  |  | (1.1 | ) |  |  | (19.9 | ) |  |  | 7.1 |
|  | $ | 29.7 |  |  | $ | 32.5 |  |  | $ | (21.2 | ) |  | $ | (19.3 | ) |  | $ | 21.7 |
(a) Cash expenditures primarily related to severance charges.
(In millions) |  | Balance at 12/31/21 |  |  | 2022 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs |  |  | Balance at 12/31/22 |
Workforce reduction costs |  | $ | 3.2 |  |  | $ | 19.4 |  |  | $ | (6.4 | ) |  | $ | — |  |  | $ | 16.2 |
Other |  |  | 0.8 |  |  |  | 13.0 |  |  |  | (0.3 | ) |  |  | — |  |  |  | 13.5 |
|  | $ | 4.0 |  |  | $ | 32.4 |  |  | $ | (6.7 | ) |  | $ | — |  |  | $ | 29.7 |
(a) Cash expenditures primarily related to severance charges.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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