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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 9 Months Ended
Oct. 01, 2023
Sep. 25, 2022
Operating activities    
Net income $ 3.9 $ 24.9
Net loss from discontinued operations 0.0 0.9
Net income from continuing operations 3.9 25.8
Adjustments to reconcile net income to net cash provided / (used) by operating activities    
Depreciation 9.2 9.8
Amortization of purchased intangible assets 0.6 0.6
Amortization of debt issuance costs 0.3 0.4
Share-based compensation charges 2.0 1.8
Deferred income taxes 1.6 0.5
Gain on disposal of property, plant and equipment 0.0 (0.2)
Asset impairment charges 2.7 0.0
Defined benefit pension charge / (credit) 8.0 (0.9)
Defined benefit pension contributions (2.1) 0.0
Changes in assets and liabilities    
Accounts and other receivables (0.6) (13.6)
Inventories 1.2 (29.6)
Current assets held-for-sale 0.4 (3.8)
Accounts payable (0.9) 3.5
Accrued liabilities (8.7) 5.5
Current liabilities held-for-sale (0.7) 3.5
Other current liabilities (7.0) (1.9)
Other non-current assets and liabilities 0.3 (4.6)
Net cash provided / (used) by operating activities - continuing 10.2 (3.2)
Net cash provided by operating activities - discontinued 0.1 0.0
Net cash provided / (used) by operating activities 10.3 (3.2)
Investing activities    
Capital expenditures (7.5) (5.2)
Proceeds from sale of property, plant and equipment 0.0 3.7
Net cash used by investing activities - continuing (7.5) (1.5)
Net cash used by investing activities - discontinued (0.1) 0.0
Net cash used by investing activities (7.6) (1.5)
Financing activities    
Repayment of short-term borrowings (25.0) 0.0
Net drawdown of long-term borrowings 22.5 31.7
Repurchase of deferred shares 0.0 (0.1)
Repurchase of own shares (2.2) (6.9)
Share-based compensation cash paid (0.3) (1.4)
Dividends paid (10.5) (10.6)
Net cash (used) / provided by financing activities (15.5) 12.7
Effect of exchange rate changes on cash and cash equivalents 0.3 (2.9)
Net (decrease) / increase (12.5) 5.1
Cash, cash equivalents and restricted cash; beginning of year 12.9 6.4
Cash, cash equivalents and restricted cash; end of the third quarter 0.4 11.5
Supplemental cash flow information:    
Interest payments 4.8 2.8
Income tax payments, net $ 2.8 $ 2.2