Forgivable Loans (Tables)

12 Months Ended

Jan. 01, 2022

Forgivable Loans

Schedule of forgivable loan activity

The following table presents forgivable loan activity for the respective periods (in thousands):

	Fiscal Year		Fiscal Year
	2021		2020
Beginning balance	$	61,613	$	55,141
Advances	14,528		42,418
Repayments	(69)		—
Reclassifications from accrued expenses or to other assets (1)	(2,229)		(9,713)
Amortization	(25,187)		(26,628)
Effects of foreign currency translation	(65)		395
Ending balance	$	48,591	$	61,613
Current portion of forgivable loans	$	10,571	$	14,749
Non-current portion of forgivable loans	$	38,020	$	46,864

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(1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.