Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

3 Months Ended

Apr. 01, 2023

Supplemental balance sheet information related to operating leases is as follows:


	April 1, 2023			December 31, 2022
Right-of-use assets	$	17.9		$	19.2
Lease liabilities:
Current lease liabilities	$	5.4		$	5.8
Non-current lease liabilities		13.5			14.5
Total lease liabilities	$	18.9		$	20.3

Weighted average remaining lease term (in years):		4.5
Weighted average discount rate:		4.6	%

Supplemental cash flow information related to leases is as follows:


	Three Months Ended
	April 1, 2023		April 2, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1.7	$	1.8
Non-cash impact of new leases and lease modifications	$	0.1	$	0.1

Maturities of lease liabilities are as follows:


2023 Remaining	$	5.3
2024		4.5
2025		4.1
2026		3.4
2027		1.4
2028		0.9
Thereafter		1.9
Total lease payments		21.5
Less: Imputed interest		(2.6	)
Total lease obligations		18.9
Less: Current lease liabilities		(5.4	)
Non-current lease liabilities	$	13.5