Reorganization and Realignment Costs (Tables)

3 Months Ended

Mar. 30, 2025

Restructuring Cost and Reserve

Restructuring and Related Costs

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

	Three Months Ended
	March 30, 2025		March 31, 2024
Organizational Redesign Plan	$	(950)	$	5,622
Other reorganization and realignment plans	258		51
Reorganization and realignment costs	$	(692)	$	5,673

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:

	Three Months Ended				Total Incurred Since Inception
	March 30, 2025		March 31, 2024
Severance and related employee costs (a)	$	(1,088)	$	5,362	$	12,408
Recruitment and relocation costs	13		82		736
Third-party and other costs	—		50		1,116
	(1,075)		5,494		14,260
Share-based compensation (b)	125		128		2,221
Total organizational redesign	$	(950)	$	5,622	$	16,481

_______________

(a)The three months ended March 30, 2025 includes a reversal of an accrual as a result of a change in estimate.

(b)Total incurred since inception 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 March 30, 2025, the accruals for the Organizational Redesign Plan are included in “Accrued expenses and other current liabilities.” The tables below present a rollforward of our accruals for the Organizational Redesign Plan.

	Balance December 29, 2024		Charges		Payments		Balance March 30, 2025
Severance and related employee costs	$	4,257	$	(1,088)	$	(1,410)	$	1,759
Recruitment and relocation costs	—		13		(13)		—
Third-party and other costs	—		—		—		—
	$	4,257	$	(1,075)	$	(1,423)	$	1,759

	Balance December 31, 2023		Charges		Payments		Balance March 31, 2024
Severance and related employee costs	$	1,692	$	5,362	$	(977)	$	6,077
Recruitment and relocation costs	—		82		(82)		—
Third-party and other costs	—		50		(50)		—
	$	1,692	$	5,494	$	(1,109)	$	6,077