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Restructuring Activities (Tables)
4 Months Ended
Apr. 20, 2024
Restructuring and Related Activities [Abstract]  
Components of Costs Associated with Restructuring Programs he table below presents the components of costs associated with the restructuring programs detailed above (amounts in thousands):

 

 

 

For the Sixteen Weeks Ended

 

 

For the Sixteen Weeks Ended

 

 

 

April 20, 2024

 

 

April 22, 2023

 

Restructuring charges:

 

 

 

 

 

 

2023 VSIP

 

$

 

 

$

3,927

 

2024 RIF

 

 

598

 

 

 

 

Relocation costs

 

 

 

 

 

268

 

Restructuring charges (1)

 

 

598

 

 

 

4,195

 

Restructuring-related implementation costs (2)

 

 

1,344

 

 

 

 

Total restructuring charges

 

$

1,942

 

 

$

4,195

 

 

(1)
Presented on our Condensed Consolidated Statements of Income.
(2)
Costs are recorded in the selling, distribution and administrative expenses line item of our Condensed Consolidated Statements of Income.
Components of, and Changes in Restructuring Accruals

The table below presents the components of, and changes in, our restructuring accruals (amounts in thousands):

 

 

 

2023
VSIP

 

 

2024
 RIF

 

 

Total

 

Liability balance at December 30, 2023

 

$

1,429

 

 

$

 

 

$

1,429

 

Charges

 

 

 

 

 

598

 

 

 

598

 

Cash payments

 

 

(1,429

)

 

 

(242

)

 

 

(1,671

)

Liability balance at April 20, 2024

 

$

 

 

$

356

 

 

$

356