Acquisitions (Tables)

9 Months Ended

Oct. 28, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the aggregate consideration paid (dollars in millions):

Assets
Cash and equivalents	$	8.3
Accounts receivable	47.6
Other current assets	0.1
Property and equipment, net	9.9
Goodwill	37.4
Intangible assets, net	42.2
Other assets	0.8
Total assets	146.3
Liabilities
Accounts payable	8.2
Other accrued liabilities	2.8
Income taxes payable	4.1
Total liabilities	15.1
Net Assets Acquired	$	131.2

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The Company recorded intangible assets based on its preliminary estimate of fair value which consisted of the following (dollars in millions):

	Estimated Useful Life (in years)	Intangible Assets Acquired
Customer relationships	12.0	$	26.8
Backlog intangibles	3.0	11.6
Trade names	10.0	3.8
Total intangible assets acquired		$	42.2