Property and Equipment, Net

3 Months Ended

Mar. 29, 2026

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following (in millions):


	March 29, 2026		December 28, 2025
Land	$	33.8	$	24.6
Buildings and leasehold improvements:
Buildings	15.5		15.5
Leasehold improvements	105.2		100.5
Branch equipment	134.2		134.1
Office furniture and fixtures and vehicles:
Office furniture and fixtures	39.0		38.5
Vehicles	54.9		54.7
Finance lease right-of-use assets	241.1		236.8
Mineral rights	2.2		2.2
Tooling	0.2		0.2
Construction in progress	14.4		9.1
Total property and equipment, gross	640.5		616.2
Less: accumulated depreciation and amortization	336.2		320.8
Property and equipment, net	$	304.3	$	295.4

Amortization of finance right-of-use (“ROU”) assets and depreciation expense was $20.4 million and $19.9 million for the three months ended March 29, 2026, and March 30, 2025, respectively.

Capitalized software has an estimated useful life of three years. Total capitalized software costs, including purchased and internally developed software, included in Other assets at March 29, 2026 and December 28, 2025 were $28.2 million and $27.0 million, less accumulated amortization of $14.2 million and $12.5 million, respectively. Amortization of these software costs was $1.7 million and $0.9 million for the three months ended March 29, 2026, and March 30, 2025, respectively.