Restructuring and Other Costs, Net (Tables)

6 Months Ended

Jul. 01, 2023

Restructuring and Related Activities [Abstract]

Summary of Restructuring Reserve by Type of Cost

The changes in restructuring reserves, which resulted from cash-based severance payments and other employee-related costs, associated with the 2022 Cost Reduction Plan for the three and six months ended July 2, 2022 were as follows.

	Employee Termination Costs
	(In thousands)
Balance at January 1, 2022	$	—
Provision for restructuring charges under the 2022 Cost Reduction Plan		1,232
Cash payments made		(757	)
Non-cash utilization (a)		37
Balance at April 2, 2022		512
Cash payments made		(179	)
Balance at July 2, 2022 (b)	$	333

(a) Acceleration of equity awards.

(b) Liability for employee termination costs is included in accrued payroll and related liabilities.

Changes in Restructuring Reserves

The changes in restructuring reserves, which resulted from cash-based severance payments and other employee-related costs and other exit costs associated with the Photonics divestiture for the three and six months ended July 1, 2023 and July 2, 2022 were as follows.

	Other Exit Costs
	(In thousands)
Balance at December 31, 2022	$	318
Provision for restructuring charges associated with Photonics divestiture (a)		3
Cash payments made		(81	)
Balance at April 1, 2023	$	240
Provision for restructuring charges associated with Photonics divestiture (a)		2
Cash payments made		(80	)
Balance at July 1, 2023	$	162

	Employee Termination Costs			Other Exit Costs			Total
	(In thousands)
Balance at January 1, 2022	$	358		$	665		$	1,023
Provision for restructuring charges associated with Photonics divestiture (a)		112			2			114
Cash payments made		(137	)		(128	)		(265	)
Non-cash utilization (b)		(75	)		—			(75	)
Balance at April 2, 2022	$	258		$	539		$	797
Provision for restructuring charges associated with Photonics divestiture (a)		—			4			4
Cash payments made		(90	)		(77	)		(167	)
Balance at July 2, 2022	$	168	(c)	$	466		$	634

(a) Included in loss from discontinued operations (See Note 2).

(b) Acceleration of equity awards.

(c) Liability for employee termination costs is included in accrued payroll and related liabilities.