Related-Party Transactions

3 Months Ended

Apr. 01, 2022

Related Party Transactions [Abstract]

RELATED-PARTY TRANSACTIONS

NOTE 10 – RELATED-PARTY TRANSACTIONS

During the quarters ended April 1, 2022 and April 2, 2022, the Company leased office space at fair value from former owners of acquired companies that became shareholders and/or officers of the Company. The Company recognized lease expenses under these leases within the Statement of Operations in the amount of $0.2 million and $0.2 million for the quarters ended April 1, 2022 and April 2, 2021, respectively.

During the quarters ended April 1, 2022 and April 2, 2021, the Company performed certain environmental consulting work for an affiliate of one of its principal shareholders or members and collected fees related to these services in the amount of $0 and $0.1 million, respectively.