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Restructuring, Impairment and Other Charges
 12 Months Ended
Dec. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring, Impairment and Other Charges Restructuring, Impairment and Other Charges
The Company recorded restructuring, impairment and other charges for fiscal years 2023, 2022, and 2021 as follows:
Fiscal Year Ended December 30, 2023
(in thousands)ElectronicsTransportationIndustrialTotal
Employee terminations$4,162 $3,649 $894 $8,705 
Other restructuring charges342 976 1,625 2,943 
   Total restructuring charges4,504 4,625 2,519 11,648 
Impairment 111 3,870 872 4,853 
   Total$4,615 $8,495 $3,391 $16,501 

Fiscal Year Ended December 31, 2022
(in thousands)ElectronicsTransportationIndustrialTotal
Employee terminations$2,792 $2,694 $283 $5,769 
Other restructuring charges276 1,076 — 1,352 
   Total restructuring charges3,068 3,770 283 7,121 
Impairment 2,856 — — 2,856 
   Total$5,924 $3,770 $283 $9,977 

Fiscal Year Ended January 1, 2022
(in thousands)ElectronicsTransportationIndustrialTotal
Employee terminations$1,124 $404 $347 $1,875 
Other restructuring charges— 283 — 283 
   Total restructuring charges$1,124 $687 $347 $2,158 

2023
For the year ended December 30, 2023, the Company recorded total restructuring charges of $11.6 million, primarily for employee termination costs. These charges primarily related to the reorganization of certain manufacturing, selling and administrative functions within the Transportation segment’s commercial vehicle business, the reorganization of certain selling and administrative functions within the Electronics segment due to the C&K acquisition, and reorganization of certain manufacturing, selling and administrative functions within the Industrial segment. During 2023, the Company recognized a $3.9 million impairment charge related to the land and building of a property in the commercial vehicle business within the Transportation segment that the Company made the decision to donate, a $0.9 million impairment charge substantially related to certain patents in a business within the Industrial segment, and a $0.1 million impairment related to certain machinery and equipment in the semiconductor business within the Electronics segment.

2022
For the year ended December 31, 2022, the Company recorded total restructuring charges of $7.1 million, primarily for employee termination costs. These charges primarily related to the reorganization of certain manufacturing, selling and administrative functions within the Transportation segment's passenger car and automotive sensor businesses and the reorganization of selling and administrative functions within the Electronics segment due to the C&K acquisition. During the fourth quarter of 2022, the Company recorded a $2.9 million non-cash impairment charge for certain acquired technology and patent intangible assets due to a change in use and projected cash flows within the Electronics segment. See Note 5, Goodwill and Other Intangible Assets for further discussion regarding the intangible asset impairment charge.

2021
For the year ended January 1, 2022, the Company recorded total restructuring charges of $2.2 million, primarily for employee termination costs. These charges primarily related to the reorganization of certain manufacturing, selling and administrative functions within the Electronics and Transportation segments.

The restructuring reserves as of December 30, 2023 and December 31, 2022 are $2.1 million and $2.4 million, respectively. The restructuring reserves are included within accrued liabilities. Payments associated with employee terminations reflected in the above table were substantially completed by December 30, 2023. The Company anticipates that the remaining payments associated with employee terminations will be substantially completed in fiscal 2024.