RESTRUCTURING (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges by Plan

The following table summarizes the period-to-date restructuring charges by plan recognized in our Consolidated Statements of Operations:

	Fiscal Year Ended
(In thousands)	December 31, 2023		January 1, 2023		January 2, 2022
May 2021 Restructuring Plan:
Severance and benefits	129		(475)		4,313
(Gain from) cost of disposal and retirement of property, plant and equipment	(1,880)		60		252
Total May 2021 Restructuring Plan	(1,751)		(415)		4,565
June 2022 Restructuring Plan:
Severance and benefits	(348)		1,981		—
Cost of disposal and retirement of property, plant and equipment	457		599		—
Total June 2022 Restructuring Plan	109		2,580		—
September 2023 Restructuring Plan:
Inventory impairments and other inventory related costs(1)	24,278		—		—
Severance and benefits	12,745		—		—
Impairment and cost of disposal and retirement of long-lived assets, including right of use assets	74,480		—		—
Contract termination costs for capital expenditure	39,051		—		—
Other costs	817		—		—
Total September 2023 Restructuring Plan	151,371		—		—
Other Restructuring:
Severance and benefits	—		—		1,077
Cost of disposal and retirement of property, plant and equipment	—		(47)		2,440
Other costs	—		—		2
Total Other Restructurings	—		(47)		3,519
Total restructuring charges	$	149,729	$	2,118	$	8,084

(1) Included in Cost of revenue.

Schedule of Restructuring Reserve

The following table summarizes the restructuring reserve movements during fiscal year 2023:

(In thousands)	January 1, 2023		(Credits) Charges		(Deduction) Settlement		December 31, 2023
May 2021 Restructuring Plan:
Severance and benefits	$	42	$	129	$	(171)	$	—
(Gain) Cost of disposal and retirement of property, plant and equipment	—		(1,880)		1,880		—
Total May 2021 Restructuring Plan	42		(1,751)		1,709		—
June 2022 Restructuring Plan:
Severance and benefits	521		(348)		(111)		62
Cost of disposal and retirement of property, plant and equipment	—		457		(457)		—
Total June 2022 Restructuring Plan	521		109		(568)		62
September 2023 Restructuring Plan:
Inventory impairments and other inventory related costs	$	—	$	24,278	$	(20,553)	3,725
Severance and benefits	—		12,745		(9,694)		3,051
Impairment and cost of disposal and retirement of property, plant and equipment and Right of use Assets	$	—	$	74,480	$	(74,480)	—
Contract termination costs	—		39,051		(20,964)		18,087
Other costs	—		817		(313)		504
Total September 2023 Restructuring Plan	—		151,371		(126,004)		25,367
Total Restructuring Charges	$	563	$	149,729	$	(124,863)	$	25,429