Quarterly report [Sections 13 or 15(d)]

Property, Plant, and Equipment, net

v3.26.1
Property, Plant, and Equipment, net
3 Months Ended
Apr. 04, 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 April 4, 2026 January 3, 2026
Land Indefinite $ 0.9  $ 0.9 
Building
30 years
8.4  8.2 
Manufacturing machinery and equipment
3-10 years
71.1  69.3 
Leasehold improvements
Over the shorter of the lease term or respective useful life 13.4  12.0 
Computer and software
3-7 years
17.1  19.2 
Furniture and fixtures, and vehicles
3-7 years
7.4  6.8 
Construction in progress
4.5  5.8 
Total property, plant, and equipment
$ 122.8  $ 122.2 
Less: accumulated depreciation
(55.6) (56.0)
Property, plant, and equipment, net $ 67.2  $ 66.2 
Depreciation expense included in cost of revenues, was approximately $2.4 and $2.0 for the three month periods ended April 4, 2026 and March 29, 2025, respectively. Depreciation expense included in operating expenses was $1.2 and $0.9 for the three month periods ended April 4, 2026 and March 29, 2025, respectively.