Quarterly report [Sections 13 or 15(d)]

Property, Plant, and Equipment, net

v3.26.1
Property, Plant, and Equipment, net
 6 Months Ended
Jul. 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 July 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
 72.3  69.3 
Leasehold improvements
 Over the shorter of the lease term or respective useful life 13.8  12.0 
Computer and software
3-7 years
 17.6  19.2 
Furniture and fixtures, and vehicles
3-7 years
 7.7  6.8 
Construction in progress
 5.0  5.8 
Total property, plant, and equipment
 $ 125.7  $ 122.2 
Less: accumulated depreciation
 (59.4) (56.0)
Property, plant, and equipment, net $ 66.3  $ 66.2 
Depreciation expense included in cost of revenues was approximately $2.5 and $2.1 for the three month periods ended July 4, 2026 and June 28, 2025, respectively, and $4.9 and $4.1 for the six month periods ended July 4, 2026 and June 28, 2025, respectively. Depreciation expense included in operating expenses was $1.1 and $0.9 for the three month periods ended July 4, 2026 and June 28, 2025, respectively and $2.3 and $1.8 for the six month periods ended July 4, 2026 and June 28, 2025, respectively.