Annual report [Section 13 and 15(d), not S-K Item 405]

Property, Plant and Equipment, net

v3.25.4
Property, Plant and Equipment, net
12 Months Ended
Jan. 03, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net
4. Property, Plant, and Equipment, net

Property, plant, and equipment, net are as follows for the periods presented:

(dollar amounts in millions) Useful Life January 3, 2026 December 28, 2024
Land Indefinite $ 0.9  $ 3.4 
Building
39 years
8.2  — 
Manufacturing machinery and equipment
3-7 years
69.3  50.6 
Leasehold improvements
Over the shorter of the lease term or respective useful life 12.0  12.9 
Computer and software
3 years
19.2  16.3 
Furniture and fixtures, and vehicles
3-7 years
6.8  5.9 
Construction in progress
5.8  12.8 
Total property, plant, and equipment
$ 122.2  $ 101.9 
Less: accumulated depreciation
(56.0) (45.1)
Property, plant, and equipment, net $ 66.2  $ 56.8 
For the years ended January 3, 2026, December 28, 2024, and December 30, 2023, we incurred depreciation expense of $12.9, $12.0 and $9.3, respectively.