Reorganization and Realignment Costs (Tables)

12 Months Ended

Dec. 29, 2024

Restructuring Cost and Reserve

Restructuring and Related Costs

The following is a summary of the initiatives included in “Reorganization and realignment costs:”

	Year Ended
	2024		2023		2022
Organizational Redesign Plan	$	8,367	$	9,064	$	—
Other reorganization and realignment plans	161		136		698
Reorganization and realignment costs	$	8,528	$	9,200	$	698

Organizational Redesign

Restructuring Cost and Reserve

Restructuring and Related Costs

The following is a summary of the costs recorded as a result of the Organizational Redesign Plan:

	Year Ended
	2024		2023		Total Incurred Since Inception
Severance and related employee costs	$	7,253	$	6,243	$	13,496
Recruitment and relocation costs	169		554		723
Third-party and other costs	120		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.

Schedule of Restructuring Reserve by Type of Cost

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		Charges		Payments		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		Charges		Payments		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