Segment Information (Tables)

12 Months Ended

Jan. 01, 2023

Segment Reporting [Abstract]

Schedule of Operating Segment Information

Segment information for 2022, 2021 and 2020 is presented in the tables below – segment information for fiscal year 2020 has been recast to reflect the new reportable segment structure:

	Fiscal Year
	2022		2021		2020
	(in thousands)
Net sales
AMS	$	753,740	$	651,216	$	593,418
EAAA	544,179		549,182		509,844
Total net sales	$	1,297,919	$	1,200,398	$	1,103,262
Segment AOI
AMS	$	102,370	$	85,014	$	89,097
EAAA	30,058		37,268		21,403
Depreciation and amortization
AMS	$	16,827	$	17,963	$	17,164
EAAA	23,510		28,382		28,756
Total depreciation and amortization	$	40,337	$	46,345	$	45,920

Reconciliation of Assets from Segment to Consolidated

A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows:

	End of Fiscal Year
	2022		2021
	(in thousands)
Assets
AMS	$	588,110	$	652,423
EAAA	652,921		691,844
Total segment assets	1,241,031		1,344,267
Corporate assets	110,495		146,204
Eliminations	(85,023)		(160,414)
Total reported assets	$	1,266,503	$	1,330,057

Balance Sheet Information by Operating Segment, Lessee

Total assets in the table above include operating lease right-of-use assets for fiscal years 2022 and 2021. Below is a summary of the operating lease right-of-use assets by reportable segment and a reconciliation to the consolidated amounts:

	End of Fiscal Year
Operating Lease Right-of-Use Assets	2022		2021
	(in thousands)
AMS	$	14,140	$	12,662
EAAA	58,255		67,741
Total segment operating lease right-of-use assets	72,395		80,403
Corporate operating lease right-of-use assets	9,249		10,158
Total operating lease right-of-use assets	$	81,644	$	90,561

Reconciliation of Operating Income (Loss) to Income (Loss) Before Income Tax Expense and Segment AOI

Reconciliations of operating income (loss) to income (loss) before income tax expense and segment AOI are presented as follows:

	Fiscal Year
	2022		2021		2020
	(in thousands)
AMS operating income	$	92,234	$	81,445	$	73,234
EAAA operating income (loss)	(16,836)		23,352		(112,521)
Consolidated operating income (loss)	75,398		104,797		(39,287)
Interest expense	29,929		29,681		29,244
Other expense, net	3,552		2,483		10,889
Income (loss) before income tax expense	$	41,917	$	72,633	$	(79,420)

	Fiscal Year
	2022				2021				2020
	AMS		EAAA		AMS		EAAA		AMS		EAAA
	(in thousands)
Operating income (loss)	$	92,234	$	(16,836)	$	81,445	$	23,352	$	73,234	$	(112,521)
Purchase accounting amortization	—		5,038		—		5,636		—		5,457
Thailand plant closure inventory write-down	—		2,530		—		—		—		—
Cyber Event impact	3,878		1,215		—		—		—		—
Goodwill and intangible asset impairment	3,838		32,342		—		—		2,695		118,563
Impact of change in equity award forfeiture accounting	—		—		—		—		757		650
Restructuring, asset impairment, severance and other charges	2,420		5,769		3,569		8,280		9,722		6,943
SEC fine	—		—		—		—		2,689		2,311
AOI	$	102,370	$	30,058	$	85,014	$	37,268	$	89,097	$	21,403

Schedule of Revenue and Long-Lived Assets

Net sales and long-lived assets for the United States and other significant countries (that individually represent 10% or greater of consolidated totals for each year presented) are as follows:

	Fiscal Year
Net Sales to Unaffiliated Customers(1)	2022		2021		2020(2)
	(in thousands)
United States	$	694,299	$	596,844	$	545,183
Other foreign countries	603,620		603,554		558,079
Total net sales	$	1,297,919	$	1,200,398	$	1,103,262
			End of Fiscal Year
Long-Lived Assets(3)			2022		2021
			(in thousands)
United States			$	146,210	$	157,194
Germany			64,182		71,114
Netherlands			42,422		47,476
Australia			29,924		33,536
Other foreign countries			15,238		20,481
Total long-lived assets			$	297,976	$	329,801

(1) Revenue attributed to geographic areas is based on the location of the customer.

(2) Net sales in Germany were $115.4 million in 2020, which exceeded 10% of consolidated net sales for that year. Net sales in Germany did not exceed 10% of consolidated net sales for all other periods presented.

(3) Long-lived assets attributed to geographic areas are based on the physical location of the asset. 2022 includes $1.3 million and $4.5 million of leased equipment, net of accumulated amortization, in the United States and foreign countries, respectively. 2021 includes $1.6 million and $4.9 million of leased equipment, net of accumulated amortization, in the United States and foreign countries, respectively