Goodwill (Tables)

9 Months Ended

Sep. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Net Carrying Amount of Goodwill

The changes in the carrying amount of goodwill through September year-to-date 2024 are included in the table below (in millions of dollars). The goodwill of $221.5 million resulting from the acquisition of MRP during the second quarter of 2024 was allocated to the SET reportable segment. During the third quarter of 2024, the company recorded a $1.4 million liability for a net working capital adjustment related to the acquisition of MRP. The adjustment resulted in a $1.4 million addition of goodwill, which was allocated to the SET reportable segment (see Acquisition and Disposition footnote).

	As of Year-End 2023		Additions to Goodwill		Impairment Adjustments		As of Third Quarter-End 2024
Science, Engineering & Technology	$	111.3	$	222.9	$	—	$	334.2
Education	39.8		—		—		39.8
Total	$	151.1	$	222.9	$	—	$	374.0