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Reorganization and Realignment Costs
9 Months Ended
Sep. 28, 2025
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:”
Three Months EndedNine Months Ended
September 28,
2025
September 29,
2024
September 28,
2025
September 29,
2024
Organizational Redesign Plan$24 $296 $(820)$8,327 
Other reorganization and realignment plans292 58 618 152 
Reorganization and realignment costs$316 $354 $(202)$8,479 

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”). Additionally, in January 2024, the Board of Directors announced the appointment of a new President and Chief Executive Officer and the departure of the Company’s previous President and Chief Executive Officer. The Company expects to incur total costs of approximately $17,000 related to the Organizational Redesign Plan, including costs related to the 2024 succession of the President and Chief Executive Officer role. During the nine months ended September 28, 2025, the Company recognized costs totaling $(820), which primarily included a reversal of a severance accrual. During the nine months ended September 29, 2024, the Company recognized costs totaling $8,327, which primarily included severance and related employee costs. The Company expects to incur additional costs aggregating approximately $400, 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:
Three Months EndedNine Months EndedTotal Incurred Since Inception
September 28,
2025
September 29,
2024
September 28,
2025
September 29,
2024
Severance and related employee costs (a)$(20)$12 $(1,114)$7,322 $12,382 
Recruitment and relocation costs— 75 13 157 736 
Third-party and other costs— 57 — 120 1,116 
(20)144 (1,101)7,599 14,234 
Share-based compensation (b)44 152 281 728 2,377 
Total organizational redesign$24 $296 $(820)$8,327 $16,611 
_______________

(a)The three and nine months ended September 28, 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.
As of September 28, 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
ChargesPayments
Balance
September 28,
2025
Severance and related employee costs$4,257 $(1,114)$(2,419)$724 
Recruitment and relocation costs— 13 (13)— 
Third-party and other costs— — — — 
$4,257 $(1,101)$(2,432)$724 

Balance
December 31,
2023
ChargesPayments
Balance
September 29, 2024
Severance and related employee costs$1,692 $7,322 $(3,589)$5,425 
Recruitment and relocation costs— 157 (157)— 
Third-party and other costs— 120 (120)— 
$1,692 $7,599 $(3,866)$5,425 

Other Reorganization and Realignment Plans

Costs incurred under the Company’s other reorganization and realignment plans were not material during the nine months ended September 28, 2025 and September 29, 2024. The Company does not expect to incur any material additional costs under these plans.