Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

v3.25.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 29, 2025
Accounting Policies [Abstract]  
Schedule of Accounts Receivable, Allowance for Credit Loss
The activity for the allowance for credit losses during the three month periods ended March 29, 2025 and March 30, 2024, is as follows:
(dollar amounts in millions)
Balance at December 28, 2024
$ 18.1 
Write-offs (3.2)
Provision for expected credit losses, net
0.2 
Balance at March 29, 2025
$ 15.1 
Balance at December 30, 2023 $ 3.6 
Write-offs — 
Provision for expected credit losses, net
0.5 
Balance at March 30, 2024 $ 4.1 
Schedule of Product Warranty Liability
The activity related to product warranty liabilities recorded in accrued expenses and other current liabilities during the three month periods ended March 29, 2025 and March 30, 2024, is as follows:
(dollar amounts in millions)
Balance at December 28, 2024
$ 4.8 
Incremental warranty provision
0.3 
Warranty charges incurred
(0.1)
Balance at March 29, 2025
$ 5.0 
Balance at December 30, 2023
$ 2.3 
Incremental warranty provision
0.2 
Warranty charges incurred
(0.1)
Balance at March 30, 2024
$ 2.4