XML 27 R16.htm IDEA: XBRL DOCUMENT

Restructuring Costs	3 Months Ended
Restructuring Costs	Jun. 29, 2024
Restructuring and Related Activities [Abstract]
Restructuring Costs	Restructuring Costs In fiscal year 2023, the Company decided to abandon or sublease office space at various properties worldwide to align our real property lease arrangements with our anticipated operating needs. In addition, in fiscal year 2024, the Company announced a workforce reduction of approximately 5% of its global employees. During fiscal year 2024, the Company incurred severance and other related charges of $2.3 million related to the workforce reduction restructuring event, which was offset by a recovery of restructuring costs of $0.4 million for the settlement of certain lease obligations. As of June 29, 2024, restructuring liabilities totaled approximately $1.0 million. We expect the remaining restructuring-related liabilities to be substantially paid out in cash during fiscal year 2025. Restructuring liabilities are presented within "Other accrued liabilities" and "Other long-term liabilities" on the Consolidated Condensed Balance Sheet.