Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT, NET

v3.22.4
PROPERTY, PLANT AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT, AND EQUIPMENT, NET . PROPERTY, PLANT AND EQUIPMENT, NET

At December 31, 2022 and January 1, 2022, property, plant and equipment, net consisted of the following:

 

 

 

December 31, 2022

 

 

January 1, 2022

 

Machinery and equipment

 

$

207.2

 

 

$

184.3

 

Office furniture and equipment

 

 

25.2

 

 

 

26.0

 

Buildings

 

 

53.2

 

 

 

58.8

 

Building and land improvements

 

 

19.3

 

 

 

18.8

 

Leasehold improvements

 

 

4.3

 

 

 

4.0

 

Land

 

 

13.1

 

 

 

13.6

 

 

 

$

322.3

 

 

$

305.5

 

Less: Accumulated depreciation

 

 

(185.1

)

 

 

(174.8

)

Construction in progress

 

 

19.3

 

 

 

20.7

 

 

 

$

156.5

 

 

$

151.4

 

Operating lease ROU assets

 

 

19.2

 

 

 

22.8

 

Total

 

$

175.7

 

 

$

174.2

 

Depreciation expense for the years ended December 31, 2022, January 1, 2022 and January 2, 2021 totaled $22.9, $21.4 and $17.6, respectively.