Restructuring Activities

3 Months Ended

Mar. 30, 2024

Restructuring and Related Activities [Abstract]

Restructuring Activities

Restructuring Activities

During the fourth quarter of 2023, the Company implemented a workforce reduction of approximately 10% of its employees to reduce costs and align its business in response to market conditions. The following table summarizes the activity of the restructuring liability during the periods presented (in millions):

	Three Months Ended March 30, 2024
Balance, beginning of period	$	4.4
Charges	0.5
Payments	1.0
Balance, end of period	$	3.9

During the three months ended March 30, 2024, restructuring charges of $0.5 million were recognized in operating expenses in the Condensed Consolidated Statements of Operations.