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Share Plans (Tables)

3 Months Ended

Mar. 28, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Expense

Total share-based compensation expense for the quarters ended March 28, 2021, and March 29, 2020, was as follows:

						First Quarter
			In millions			2021						2020
			Total share-based compensation charges			$	0.5					$	0.5

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table illustrates the assumptions used in deriving the fair value of share options granted during the First Quarter of 2021 and the year-ended December 31, 2020:

						First Quarter						Year ended December 31,
						2021						2020
			Dividend yield (%)			3.39 - 4.09						3.39 - 4.09
			Expected volatility range (%)			36.48 - 56.28						36.48 - 56.28
			Risk-free interest rate (%)			0.18 - 0.49						0.18 - 0.49
			Expected life of share options range (years)			0.50 - 4.00						0.50 - 4.00
			Forfeiture rate (%)			5.00						5.00
			Weighted average exercise price ($)			$1.00						$1.00
			Models used			Black-Scholes						Black-Scholes & Monte-Carlo

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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-SubTopic 10
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