Business Divestiture	6 Months Ended
Jul. 01, 2022
BusinessDivestiture [Abstract]
Business Divestiture TextBlock	3. BUSINESS DIVESTITURE During the second quarter of 2022, the Company executed the sale of two of its non-semiconductor operating subsidiaries and committed to a plan to sell its majority interest in a third Fluid Solutions subsidiary which is classified as held-for-sale, and presented in Prepaid expenses and other current assets of the Condensed Consolidated Balance Sheets. This transaction is expected to close during the third quarter of 2022. Each of these entities is reported within the Products reportable segment. The Company is committed to improving capital efficiency while remaining focused on its core semiconductor business. As a result of these divestitures, the Company recorded a net loss of $56.6 million which was recorded in the Condensed Consolidated Statements of Operations for the three and six months ended July 1, 2022. The recorded loss includes the write-off of intangible assets, net, goodwill and net assets of $22.6 million, $17.8 million and $16.2 million, respectively. Goodwill has been allocated to the divestitures based on the relative fair value of each component in relation to its respective reporting unit. See Note 6 Goodwill and Intangible Assets for further discussion.

Business Divestiture

6 Months Ended

Jul. 01, 2022

3. BUSINESS DIVESTITURE

During the second quarter of 2022, the Company executed the sale of two of its non-semiconductor operating subsidiaries and committed to a plan to sell its majority interest in a third Fluid Solutions subsidiary which is classified as held-for-sale, and presented in Prepaid expenses and other current assets of the Condensed Consolidated Balance Sheets. This transaction is expected to close during the third quarter of 2022. Each of these entities is reported within the Products reportable segment. The Company is committed to improving capital efficiency while remaining focused on its core semiconductor business. As a result of these divestitures, the Company recorded a net loss of $56.6 million which was recorded in the Condensed Consolidated Statements of Operations for the three and six months ended July 1, 2022. The recorded loss includes the write-off of intangible assets, net, goodwill and net assets of $22.6 million, $17.8 million and $16.2 million, respectively. Goodwill has been allocated to the divestitures based on the relative fair value of each component in relation to its respective reporting unit. See Note 6 Goodwill and Intangible Assets for further discussion.