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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Operating activities    
Net income $ 10.8 $ 14.9
Net loss from discontinued operations 2.2 0.1
Net income from continuing operations 13.0 15.0
Adjustments to reconcile net income to net cash provided / (used) by operating activities    
Depreciation 6.9 6.9
Depreciation of right of use assets 2.3 0.0
Amortization of purchased intangible assets 0.6 0.6
Amortization of debt issuance costs 0.2 0.2
Share-based compensation charges 2.8 2.1
Deferred income taxes (1.1) 0.5
Loss on disposal of property, plant and equipment 0.0 0.1
Non-cash restructuring charges 4.0 0.0
Loss / (gain) on disposal of held for sale assets 0.0 (6.1)
Loss on held for sale asset group 1.1 7.5
Defined benefit pension credit (1.8) (0.8)
Changes in assets and liabilities    
Accounts and other receivables 2.5 (5.5)
Inventories (9.3) (10.3)
Current assets held-for-sale (1.6) (2.2)
Prepayments and accrued income (1.4) 0.0
Accounts payable (7.3) (4.4)
Accrued liabilities 4.1 12.9
Current liabilities held-for-sale (0.1) 0.1
Other current liabilities 5.5 8.9
Other non-current assets and liabilities (2.2) (0.1)
Net cash provided by operating activities - continuing 18.2 25.4
Net cash provided by operating activities - discontinued 0.2 0.2
Net cash provided by operating activities 18.4 25.6
Investing activities    
Capital expenditures (4.6) (7.3)
Net proceeds from sale of businesses 4.3 0.0
Purchase of intangible assets 0.0 (0.4)
Net cash used by investing activities - continuing (0.3) (7.7)
Net cash used by investing activities - discontinued (0.2) (0.2)
Net cash used by investing activities (0.5) (7.9)
Financing activities    
Net repayment of bank overdraft (3.1) (0.9)
Net drawdown / (repayment) of long-term borrowings 0.9 (2.9)
Debt issuance costs (0.9) 0.0
Repurchase of own shares (1.9) (1.6)
Share-based compensation cash paid (0.7) (0.4)
Dividends paid (10.5) (10.5)
Net cash used by financing activities (16.2) (16.3)
Effect of exchange rate changes on cash and cash equivalents 0.4 0.1
Net increase 2.1 1.5
Cash, cash equivalents and restricted cash; beginning of year 6.3 2.6
Cash, cash equivalents and restricted cash; end of the third quarter 8.4 4.1
Supplemental cash flow information:    
Interest payments 2.7 4.4
Income tax payments, net $ 6.6 $ 0.5