Strategic Corporate Reorganization for Long-term Growth (Tables)

12 Months Ended

Dec. 25, 2022

Strategic Corporate Reorganization for Long-term Growth

Schedule of corporate reorganization costs

As a result, we incurred one-time corporate reorganization costs of approximately $13.1 million and $6.0 million through December 26, 2021 and December 27, 2020, respectively, as detailed in the table below (in thousands). There were no additional corporate reorganization costs incurred during the year ended December 25, 2022.

	December 26, 2021		December 27, 2020
Employee severance and other employee transition costs	$	5,429	$	4,775
Recruiting and professional fees	3,815		1,598
Relocation costs	3,100		267
Other costs	750		285
Total strategic corporate reorganization costs	13,094		6,925
Stock-based compensation forfeitures on unvested awards	—		(940)
Total strategic corporate reorganization costs, net of stock forfeitures	$	13,094	$	5,985

Schedule of activity in the reorganization liability

The following tables summarize the activity for the years ended December 25, 2022 and December 26, 2021, respectively (in thousands):

	Balance at December 26, 2021		Charges		Payments		Balance at December 25, 2022
Employee severance and other employee transition costs	$	2,122	$	—	$	(2,122)	$	—
Recruiting and professional fees	92		—		(92)		—
Relocation costs	740		—		(740)		—
Total strategic corporate reorganization liability	$	2,954	$	—	$	(2,954)	$	—

	Balance at December 27, 2020		Charges		Payments		Balance at December 26, 2021
Employee severance and other employee transition costs	$	4,615	$	5,429	$	(7,922)	$	2,122
Recruiting and professional fees	145		3,815		(3,868)		92
Relocation costs	101		3,100		(2,461)		740
Other costs	—		750		(750)		—
Total strategic corporate reorganization liability	$	4,861	$	13,094	$	(15,001)	$	2,954