XML 25 R16.htm IDEA: XBRL DOCUMENT v3.22.1
Restructuring costs
 3 Months Ended
Apr. 02, 2022
Restructuring and Related Activities [Abstract]  
Restructuring costs Restructuring costs
Restructuring costs are not allocated to the Company’s reportable segments as they are not part of the segment performance measures regularly reviewed by management. These charges are included in restructuring costs in the consolidated statement of operations and comprehensive (loss) income.
The Company adopted restructuring plans for businesses acquired to reduce headcount, reorganize management structure and consolidate certain facilities during the second half of 2021 (the 2021 Restructuring Plan) and during the first quarter of 2022 (the 2022 Restructuring Plan). The Company planned total pre-tax charges for the 2021 Restructuring Plan to be $2,900, of which $377 and $2,487 was recognized during the first quarter of 2022 and the year ended December 31, 2021, respectively. The 2021 Restructuring Plan has essentially been completed. Expected pre-tax charges related to the 2022 Restructuring Plan is $1,055, of which $200 was recognized during the three months ended April 2, 2022.
The Company’s restructuring charges and payments for plans related to businesses recently acquired comprised of the following:
Employee
severance and
temporary
labor costs
Other
charges
Total
Balance at December 31, 2021$1,400 $136 $1,536 
Expenses incurred577 — 577 
Payments made(619)— (619)
Balance at April 2, 2022$1,358 $136 $1,494