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Restructuring and Other Charges (Tables) | 12 Months Ended
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Dec. 27, 2025
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | Re structuring and other charges for the year ended December 27, 2025 were as follows:
|  | Year Ended December 27, 2025 |
|  |  |  |  |  | Other Charges (a) |  |  |  |
(In millions) |  | Restructuring Charges |  |  |  | Cost of Products Sold |  |  | SG&A(b) |  |  | Asset Impairment |  |  | Total Charges |
Water |  | $ | 21.0 |  |  |  | $ | — |  |  | $ | 3.8 |  |  | $ | 3.5 |  |  | $ | 28.3 |
Outdoors |  |  | 5.5 |  |  |  |  | 8.2 |  |  |  | 7.2 |  |  |  | — |  |  |  | 20.9 |
Security |  |  | 7.8 |  |  |  |  | 3.4 |  |  |  | 13.8 |  |  |  | — |  |  |  | 25.0 |
Corporate |  |  | 18.1 |  |  |  |  | — |  |  |  | 16.8 |  |  |  | — |  |  |  | 34.9 |
Total |  | $ | 52.4 |  |  |  | $ | 11.6 |  |  | $ | 41.6 |  |  | $ | 3.5 |  |  | $ | 109.1 |
(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 or impairment 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 for the year ended December 28, 2024 were as follows:
|  | Year Ended December 28, 2024 |
|  |  |  |  |  | Other Charges (a) |  |  |  |  |
(In millions) |  | Restructuring Charges |  |  |  | Cost of Products Sold |  |  | SG&A(b) |  |  |  | Total Charges |
Water |  | $ | 5.9 |  |  |  | $ | 2.6 |  |  | $ | — |  |  |  | $ | 8.5 |
Outdoors |  |  | 5.0 |  |  |  |  | 14.8 |  |  |  | — |  |  |  |  | 19.8 |
Security |  |  | 3.8 |  |  |  |  | 7.7 |  |  |  | — |  |  |  |  | 11.5 |
Corporate |  |  | 1.5 |  |  |  |  | — |  |  |  | — |  |  |  |  | 1.5 |
Total |  | $ | 16.2 |  |  |  | $ | 25.1 |  |  | $ | — |  |  |  | $ | 41.3 |
(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 or impairment 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 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 or impairment resulting from the closure of facilities, and gains and losses on the sale of previously closed facilities. (b) Selling, general and administrative expenses.
Reconciliation of Restructuring Liability | Reconciliation of Restructuring Liability
(In millions) |  | Balance at December 28, 2024 |  |  | 2025 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs and Other |  |  | Balance at December 27, 2025 |
Workforce reduction costs |  | $ | 6.2 |  |  | $ | 51.7 |  |  | $ | (30.7 | ) |  | $ | - |  |  | $ | 27.2 |
Other |  |  | 7.7 |  |  |  | 0.7 |  |  |  | (7.4 | ) |  |  | (0.6 | ) |  |  | 0.4 |
|  | $ | 13.9 |  |  | $ | 52.4 |  |  | $ | (38.1 | ) |  | $ | (0.6 | ) |  | $ | 27.6 |
(a) Cash expenditures primarily related to severance charges.
(In millions) |  | Balance at December 30, 2023 |  |  | 2024 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs |  |  | Balance at December 28, 2024 |
Workforce reduction costs |  | $ | 14.6 |  |  | $ | 12.5 |  |  | $ | (20.9 | ) |  | $ | — |  |  | $ | 6.2 |
Other |  |  | 7.1 |  |  |  | 3.7 |  |  |  | (2.5 | ) |  |  | (0.6 | ) |  |  | 7.7 |
|  | $ | 21.7 |  |  | $ | 16.2 |  |  | $ | (23.4 | ) |  | $ | (0.6 | ) |  | $ | 13.9 |
(a) Cash expenditures primarily related to severance charges.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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