Restructuring, Integration, and Other Charges (Credits)

6 Months Ended

Jul. 03, 2021

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

Restructuring, Integration, and Other Charges

Restructuring initiatives and integration costs are due to the company's continued efforts to lower costs, drive operational efficiency, integrate any acquired businesses, and the consolidation of certain operations, as necessary. The following table presents the components of the restructuring, integration, and other charges:


	Quarter Ended				Six Months Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Restructuring and integration charges - current period actions	$	5,161	$	1,284	$	10,011	$	4,989
Restructuring and integration charges (credits) - actions taken in prior periods	94		(2,054)		1,494		(533)
Other charges (credits)	(777)		1,420		(1,318)		5,332
	$	4,478	$	650	$	10,187	$	9,788

Restructuring and Integration Accrual Summary

The restructuring and integration accrual was $12,433 and $9,735 at July 3, 2021 and December 31, 2020, respectively. During the second quarter and first six months of 2021, the company made $4,638 and $8,747 of payments related to restructuring and integration accruals. Substantially all amounts accrued at July 3, 2021, and all restructuring and integration charges for the first six months of 2021, relate to the termination of personnel and are expected to be spent in cash within two years.