Derivative and Hedging Activities (Details) - USD ($) $ in Millions |
3 Months Ended | ||
|---|---|---|---|
Mar. 28, 2024 |
Mar. 30, 2023 |
Dec. 31, 2023 |
|
| Interest Rate Swaps | |||
| Foreign Currency Cash Flow Hedge Asset at Fair Value | $ 0.0 | $ 3.0 | |
| Foreign Currency Cash Flow Hedge Liability at Fair Value | 0.0 | 0.0 | |
| Unrealized Gain (Loss) on Cash Flow Hedging Instruments | (1.8) | $ 2.5 | |
| Derivative, Notional Amount | 161.8 | $ 169.1 | |
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $ (0.0) | ||
| Maximum Length of Time Hedged in Cash Flow Hedge | 9 months | ||
| Derivative, Credit Risk Related Contingent Features, Existence and Nature | Generally, the Company has agreements with its counterparties that contain a provision whereby if the Company defaults on its existing credit facilities and payment of the loans extended under such facilities is accelerated, the Company could be declared in default under its agreements, which may result in the early termination of the outstanding derivatives governed by such agreements and the payment of an early termination amount. | ||
| General Cash Flow Hedge Information [Abstract] | |||
| Objectives for Using Cash Flow Hedging Instruments | The Company has entered into currency forward contracts, each designated as a cash flow hedge upon the date of execution, for the purpose of reducing the variability of cash flows and hedging against the foreign currency exposure for forecasted payroll, pension and vendor disbursements that are expected to be made in the British Pound Sterling. The hedging program implemented is intended to reduce foreign currency exposure, and the associated forward currency contracts hedge forecasted transactions through December 2024. | ||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | $ 1.2 | $ (3.4) | |