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Leases (Tables) | 12 Months Ended
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Dec. 30, 2023
Leases [Abstract] |
Schedule of Lease Costs | Lease costs included in the Consolidated Statements of Comprehensive Income consisted of the following:
| Classification |  | 2023 |  | 2022 |  | 2021
Operating lease costs |  |  |  |  |  |  |
Fixed | Cost of sales |  | $ | 5.4 |  |  | $ | 2.9 |  |  | $ | 2.3 |
| Selling and administrative expenses |  | 24.3 |  |  | 22.7 |  |  | 23.1 |
Short-term / variable | Cost of sales |  | 1.4 |  |  | 1.3 |  |  | 1.0 |
| Selling and administrative expenses |  | 1.7 |  |  | 1.5 |  |  | 0.7 |
Finance lease costs |  |  |  |  |  |  |
Amortization | Cost of sales |  | 1.4 |  |  | 1.2 |  |  | 0.9 |
| Selling and administrative, and interest expense |  | 3.1 |  |  | 2.5 |  |  | 1.9 |
Less: Sublease income |  |  |  |  |  |  |
| Cost of sales |  | (0.0) |  |  | 0.0 |  |  | (0.2) |
| Selling and administrative expenses |  | (0.5) |  |  | (0.3) |  |  | (0.3) |
Total lease costs |  |  | $ | 37.0 |  |  | $ | 31.9 |  |  | $ | 29.4 |
The following table summarizes cash paid for amounts included in the measurements of lease liabilities and the leased assets obtained in exchange for new operating and finance lease liabilities:
| 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurements of lease liabilities |  |  |  |  |
Operating cash flows from operating / finance leases | $ | 29.7 |  |  | $ | 22.6 |  |  | $ | 24.7 |
Financing cash flows from finance leases | $ | 4.2 |  |  | $ | 3.3 |  |  | $ | 2.7 |
Leased assets obtained in exchange for new operating / finance lease liabilities | $ | 62.3 |  |  | $ | 39.2 |  |  | $ | 49.3 |
Schedule of Maturities of Finance Lease Liabilities | Maturity of lease liabilities as of December 30, 2023 is as follows:
| Operating Leases |  | Finance Leases |  | Total
2024 | $ | 30.8 |  |  | $ | 4.8 |  |  | $ | 35.6 |
2025 | 29.5 |  |  | 4.4 |  |  | 33.9 |
2026 | 23.4 |  |  | 2.3 |  |  | 25.6 |
2027 | 16.9 |  |  | 1.0 |  |  | 17.9 |
2028 | 10.0 |  |  | 0.6 |  |  | 10.6 |
Thereafter | 59.9 |  |  | 0.1 |  |  | 59.9 |
Total lease payments | 170.4 |  |  | 13.2 |  |  | 183.6 |
Less: Interest | (40.5) |  |  | (0.9) |  |  | (41.4) |
Present value of lease liabilities | $ | 129.9 |  |  | $ | 12.3 |  |  | $ | 142.2 |
Schedule of Maturities of Operating Lease Liabilities | Maturity of lease liabilities as of December 30, 2023 is as follows:
| Operating Leases |  | Finance Leases |  | Total
2024 | $ | 30.8 |  |  | $ | 4.8 |  |  | $ | 35.6 |
2025 | 29.5 |  |  | 4.4 |  |  | 33.9 |
2026 | 23.4 |  |  | 2.3 |  |  | 25.6 |
2027 | 16.9 |  |  | 1.0 |  |  | 17.9 |
2028 | 10.0 |  |  | 0.6 |  |  | 10.6 |
Thereafter | 59.9 |  |  | 0.1 |  |  | 59.9 |
Total lease payments | 170.4 |  |  | 13.2 |  |  | 183.6 |
Less: Interest | (40.5) |  |  | (0.9) |  |  | (41.4) |
Present value of lease liabilities | $ | 129.9 |  |  | $ | 12.3 |  |  | $ | 142.2 |
Schedule of Weighted Average Lease Terms and Discount Rates, Lessee | The following table summarizes the weighted-average discount rates and weighted-average remaining lease terms for operating and finance leases as of December 30, 2023:
| Weighted-Average Discount Rate |  | Weighted-Average Remaining Lease Term (years)
Operating leases | 6.2 | % |  | 7.5
Finance leases | 4.1 | % |  | 3.2

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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