Restructuring, Integration, and Other Charges (Credits)

3 Months Ended

Apr. 03, 2021

Restructuring Charges [Abstract]

Restructuring, Integration and Other Charges (Credits) [Text Block]

Restructuring, Integration, and Other Charges

Restructuring initiatives are due to the company’s continued efforts to lower cost and drive operational efficiency. Integration costs are primarily related to the integration of acquired businesses within the company’s pre-existing business and the consolidation of certain operations. The following table presents the components of the restructuring, integration, and other charges:

	Quarter Ended
	April 3, 2021		March 28, 2020
Restructuring and integration charges - current period actions	$	4,850	$	3,705
Restructuring and integration charges - actions taken in prior periods	1,400		1,521
Other charges (credits)	(541)		3,912
	$	5,709	$	9,138

Restructuring and Integration Accrual Summary

The restructuring and integration accrual was $11,473 and $9,735 at April 3, 2021 and December 31, 2020, respectively. During the first quarter of 2021, the company made $4,109 of payments related to restructuring and integration accruals. Substantially all amounts accrued at April 3, 2021, and all restructuring and integration charges for the first quarter of 2021, relate to the termination of personnel and are expected to be spent in cash within one year.