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Accumulated Other Comprehensive Income (Loss) and Shareholders' Equity (Tables) | 12 Months Ended
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Dec. 30, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income Loss Table | The following table summarizes the components of accumulated other comprehensive income (loss) and the changes in accumulated other comprehensive income (loss), net of tax, as applicable:
| Foreign Currency Translation Adjustment |  | Unrealized Gains (Losses) on Debt Securities |  | Pension and Post-retirement Liabilities |  | Derivative Financial Instruments |  | Accumulated Other Comprehensive Income (Loss)
Balance as of January 2, 2021 | $ | (1.1) |  |  | $ | 0.4 |  |  | $ | (6.7) |  |  | $ | (1.8) |  |  | $ | (9.2) |
Other comprehensive income (loss) before reclassifications | 0.4 |  |  | (0.3) |  |  | 1.2 |  |  | 0.4 |  |  | 1.7 |
Tax (expense) or benefit | — |  |  | 0.1 |  |  | (0.3) |  |  | (0.1) |  |  | (0.3) |
Amounts reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | (0.0) |  |  | 0.3 |  |  | 0.7 |  |  | 1.1 |
Balance as of January 1, 2022 | $ | (0.7) |  |  | $ | 0.1 |  |  | $ | (5.4) |  |  | $ | (0.7) |  |  | $ | (6.8) |
Other comprehensive income (loss) before reclassifications | (2.4) |  |  | (0.9) |  |  | 5.3 |  |  | 1.1 |  |  | 3.2 |
Tax (expense) or benefit | — |  |  | 0.2 |  |  | (1.3) |  |  | (0.3) |  |  | (1.3) |
Amounts reclassified from accumulated other comprehensive income (loss), net of tax | (3.3) |  |  | (0.0) |  |  | 0.2 |  |  | (0.0) |  |  | (3.1) |
Balance as of December 31, 2022 | $ | (6.4) |  |  | $ | (0.6) |  |  | $ | (1.1) |  |  | $ | 0.1 |  |  | $ | (8.0) |
Other comprehensive income (loss) before reclassifications | (0.2) |  |  | 0.3 |  |  | (0.2) |  |  | (3.4) |  |  | (3.5) |
Tax (expense) or benefit | — |  |  | (0.1) |  |  | 0.1 |  |  | 0.8 |  |  | 0.8 |
Amounts reclassified from accumulated other comprehensive income (loss), net of tax | — |  |  | 0.1 |  |  | 0.1 |  |  | (0.2) |  |  | 0.0 |
Balance as of December 30, 2023 | $ | (6.5) |  |  | $ | (0.3) |  |  | $ | (1.2) |  |  | $ | (2.7) |  |  | $ | (10.6) |
Amounts in parentheses indicate reductions to equity.
Schedule of Reclassification out of Accumulated Other Comprehensive Income | The following table details the reclassifications from accumulated other comprehensive income (loss):
Details about Accumulated Other Comprehensive Income (Loss) Components |  | Affected Line Item in the Statement Where Net Income is Presented |  | 2023 |  | 2022 |  | 2021
Derivative financial instruments |  |  |  |  |  |  |  |
Interest rate swaps |  | Interest expense, net |  | $ | 0.2 |  |  | $ | 0.1 |  |  | $ | (1.0) |
|  | Income tax expense |  | (0.1) |  |  | (0.0) |  |  | 0.2 |
Unrealized gains (losses) on debt securities |  |  |  |  |  |  |  |
Gain (loss) on sale of debt securities |  | Selling and administrative expenses |  | (0.1) |  |  | 0.0 |  |  | 0.0 |
|  | Income tax expense |  | 0.0 |  |  | (0.0) |  |  | (0.0) |
Pension and post-retirement liabilities |  |  |  |  |  |  |  |
Amortization of loss |  | Selling and administrative expenses |  | (0.1) |  |  | (0.3) |  |  | (0.5) |
|  | Income tax expense |  | 0.0 |  |  | 0.1 |  |  | 0.1 |
Foreign currency translation |  |  |  |  |  |  |  |
Lamex divestiture |  | Gain on sale of subsidiary |  | — |  |  | 3.3 |  |  | — |
|  | Net of tax |  | $ | (0.0) |  |  | $ | 3.1 |  |  | $ | (1.1) |
Amounts in parentheses indicate reductions to profit.
Schedule of Dividends Declared and Paid Per Share | The Corporation declared and paid cash dividends per common share as follows:
| 2023 |  | 2022 |  | 2021
Dividends per common shares | $ | 1.28 |  |  | $ | 1.27 |  |  | $ | 1.24 |
Schedule of Stock by Class | The following table provides the average price per share issued under the MSPP:
| 2023 |  | 2022 |  | 2021
Average price per share | $ | 27.15 |  |  | $ | 26.50 |  |  | $ | 34.49 |
Schedule of Repurchase Agreements | The following table summarizes shares repurchased and settled by the Corporation:
| 2023 |  | 2022 |  | 2021
Shares repurchased | 0.0 |  |  | 1.7 |  |  | 1.5 |
Average price per share | $ | 41.98 |  |  | $ | 38.11 |  |  | $ | 39.89 |
Cash purchase price | $ | (0.4) |  |  | $ | (63.9) |  |  | $ | (60.4) |
Purchases unsettled as of year end | 0.1 |  |  | — |  |  | 1.3 |
Prior year purchases settled in current year | — |  |  | (1.3) |  |  | — |
Shares repurchased per cash flow | $ | (0.3) |  |  | $ | (65.2) |  |  | $ | (59.2) |

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