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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 28, 2024
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following tables provide information regarding the Company’s assets and liabilities measured at fair value on a recurring basis at December 28, 2024 and December 30, 2023.
|  | December 28, 2024 |
|  |  |  |  |  |  |  | Significant Other |  |  | Significant |
|  |  |  |  | Quoted Market |  |  | Observable |  |  | Unobservable |
|  | Total |  |  | Prices (Level 1) |  |  | Inputs (Level 2) |  |  | Inputs (Level 3) |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap contracts |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration |  | $ | 0.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.4 |
Total |  | $ | 0.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.4 |
|  | December 30, 2023 |
|  |  |  |  |  |  |  | Significant Other |  |  | Significant |
|  |  |  |  | Quoted Market |  |  | Observable |  |  | Unobservable |
|  | Total |  |  | Prices (Level 1) |  |  | Inputs (Level 2) |  |  | Inputs (Level 3) |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap contract |  | $ | 6.7 |  |  | $ | — |  |  | $ | 6.7 |  |  | $ | — |
Total |  | $ | 6.7 |  |  | $ | — |  |  | $ | 6.7 |  |  | $ | — |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration |  |  | 0.5 |  |  |  | — |  |  |  | — |  |  |  | 0.5 |
Total |  | $ | 0.5 |  |  | $ | — |  |  | $ | - |  |  | $ | 0.5 |
Summary of Changes in Estimated Fair Value of Contingent Consideration | A summary of changes in the estimated fair value of contingent consideration at December 28, 2024 and December 30, 2023 is as follows:
Balance at December 31, 2022 |  | $ | 6.7 |
Change in estimated fair value |  |  | (0.7 | )
Payment on liability |  |  | (6.1 | )
Accretion in value |  |  | 0.6 |
Balance at December 30, 2023 |  | $ | 0.5 |
Payment on liability |  |  | (0.5 | )
Accretion in value |  |  | 0.4 |
Balance at December 28, 2024 |  | $ | 0.4 |

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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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