Restructuring Charges (Tables)

9 Months Ended

Sep. 28, 2024

Restructuring and Related Activities [Abstract]

Changes in Restructuring Reserves

The changes in restructuring reserves, which resulted from cash-based severance payments and other employee-related costs, associated with the 2023 Cost Reduction Plan for the three and nine months ended September 30, 2023 were as follows:

	Employee Termination Costs
	(In thousands)
Balance at July 1, 2023	$	—
Provision for restructuring charges under the 2023 Cost Reduction Plan		1,950
Cash payments made		(1,948	)
Non-cash utilization (a)		(2	)
Balance at September 30, 2023	$	—

(a) Acceleration of equity awards.

The changes in restructuring reserves, which resulted from other exit costs associated with the Photonics divestiture for the three and nine months ended September 30, 2023 were as follows:

	Other Exit Costs
	(In thousands)
Balance at December 31, 2022	$	318
Provision for restructuring charges associated with Photonics divestiture		3
Cash payments made		(81	)
Balance at April 1, 2023	$	240
Provision for restructuring charges associated with Photonics divestiture		2
Cash payments made		(80	)
Balance at July 1, 2023	$	162
Provision for restructuring charges associated with Photonics divestiture		2
Cash payments made		(80	)
Balance at September 30, 2023	$	84