Restructuring

3 Months Ended

Mar. 30, 2024

Restructuring Charges [Abstract]

Restructuring

NOTE 16. Restructuring

From time to time, the Company approves restructuring plans, which includes workforce reductions, to streamline operations and align the Company’s cost structure with its business outlook. Restructuring charges were $1,046 and $4,313 for the three months ended March 30, 2024 and April 1, 2023, respectively. During the three months ended March 30, 2024, restructuring costs of $258 were recorded in operating expenses for employee severance and $788 were recorded in cost of goods sold for the streamlining of certain manufacturing activities. During the three months ended April 1, 2023, restructuring costs of $2,034 were recorded in operating expense for employee severance and $2,279 was recorded in cost of goods sold for inventory write-downs primarily related to the exit of older product lines. All employee severance costs were paid during the periods incurred.