Restructuring

6 Months Ended

Jul. 01, 2023

Restructuring Charges [Abstract]

Restructuring

NOTE 16. Restructuring

The Company initiated a restructuring plan to streamline operations and align the Company’s cost structure with its business outlook for 2023. During the three and six months ended July 1, 2023, restructuring costs of $1,192 and $3,226 were recorded in operating expense for employee severance and $0 and $2,279 were recorded in cost of goods sold for inventory write-downs. All employee severance costs were paid during the six-month period. The Company anticipates that these activities will continue into subsequent quarters of 2023 and anticipates recording additional restructuring charges.