Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 02, 2022

In 2020, the Company made certain classification and presentation changes related to customer service and other costs. Previously, these costs were presented as a component of cost of sales. Beginning in 2020, these costs are presented as a component of SG&A expense. The Company determined that this change better reflects how management views and operates the business. Reclassifications of the comparative prior year 2019 amounts as reported in the Company’s Annual Report on Form 10-K for the year ended December 29, 2019 have been made to conform to the current presentation as follows:


	Fiscal Year 2019
Statement of Operations Line Item	As Reported		Reclassification		As Reclassified
	(in thousands)
Cost of sales	$	817,575	$	(7,513)	$	810,062
Selling, general and administrative expenses	381,604		7,513		389,117
Total	$	1,199,179	$	—	$	1,199,179