Quarterly report [Sections 13 or 15(d)]

Inventories

v3.25.1
Inventories
3 Months Ended
Mar. 29, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are stated at the lower of cost or net realizable value. Cost is determined using actual costs or standard costs (that approximate actual cost) determined on a first-in, first-out basis or average cost. Labor and overhead costs associated with inventory produced by the Company are capitalized into inventories. The major components of inventories as of March 29, 2025 and December 28, 2024 are as follows:
(dollar amounts in millions) March 29, 2025 December 28, 2024
Raw materials
$ 40.6  $ 40.3 
Work-in-process 0.4  0.4 
Finished goods
12.3  12.6 
Inventories
$ 53.3  $ 53.3