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Reorganization and Realignment Costs
12 Months Ended
Dec. 29, 2024
Restructuring and Related Activities [Abstract]  
Reorganization and Realignment Costs Reorganization and Realignment Costs
The following is a summary of the initiatives included in “Reorganization and realignment costs:”
Year Ended
202420232022
Organizational Redesign Plan$8,367 $9,064 $— 
Other reorganization and realignment plans161 136 698 
Reorganization and realignment costs$8,528 $9,200 $698 

Organizational Redesign

In February 2023, the Board of Directors approved a plan to redesign the Company’s organizational structure to better support the execution of the Company’s long-term growth strategy by maximizing organizational efficiency and streamlining decision making (the “Organizational Redesign Plan”). As a result of the Organizational Redesign Plan, the Company held its general and administrative expense in 2023 relatively flat compared with 2022. Additionally, in January 2024, the Board of Directors announced the appointment of Kirk Tanner as the Company’s new President and Chief Executive Officer, effective February 5, 2024. Mr. Tanner succeeded Todd A. Penegor, the Company’s previous President and Chief Executive Officer, who departed from the Company in February 2024. The Company expects to incur total costs of approximately $18,000 related to the Organizational Redesign Plan, including costs related to the succession of the President and Chief Executive Officer role. During 2024 and 2023, the Company recognized costs totaling $8,367 and 9,064, respectively, which primarily included severance and related employee costs and share-based compensation. The Company expects to incur additional costs aggregating approximately $600, comprised primarily of share-based compensation. The Company expects costs related to the Organizational Redesign Plan to continue into 2026.

The following is a summary of the costs recorded as a result of the Organizational Redesign Plan:
Year Ended
20242023Total Incurred Since Inception
Severance and related employee costs$7,253 $6,243 $13,496 
Recruitment and relocation costs169 554 723 
Third-party and other costs120 996 1,116 
7,542 7,793 15,335 
Share-based compensation (a)825 1,271 2,096 
Total organizational redesign$8,367 $9,064 $17,431 
_______________

(a)Primarily represents the accelerated recognition of share-based compensation resulting from the termination of employees under the Organizational Redesign Plan.
As of December 29, 2024, the accruals for the Organizational Redesign Plan are included in “Accrued expenses and other current liabilities” and “Other liabilities” and totaled $3,872 and $385, respectively. As of December 31, 2023, the accruals for the Organizational Redesign Plan were included in “Accrued expenses and other current liabilities.” The tables below present a rollforward of our accruals for the Organizational Redesign Plan.
Balance December 31, 2023
ChargesPayments
Balance December 29, 2024
Severance and related employee costs$1,692 $7,253 $(4,688)$4,257 
Recruitment and relocation costs— 169 (169)— 
Third-party and other costs— 120 (120)— 
$1,692 $7,542 $(4,977)$4,257 

Balance
January 1, 2023
ChargesPayments
Balance
December 31, 2023
Severance and related employee costs$— $6,243 $(4,551)$1,692 
Recruitment and relocation costs— 554 (554)— 
Third-party and other costs— 996 (996)— 
$— $7,793 $(6,101)$1,692 

Other Reorganization and Realignment Plans
For 2024, 2023 and 2022, costs incurred under the Company’s other reorganization and realignment plans were not material. The Company does not expect to incur any material additional costs under these plans.