Restructuring and Other Charges (Tables)

3 Months Ended

Apr. 02, 2023

Restructuring and Related Activities [Abstract]

Summary of Restructuring, Asset Impairment and Other Charges

Restructuring, asset impairment and other charges are as follows:

	Three Months Ended
	April 2, 2023		April 3, 2022
	(in thousands)
Restructuring, asset impairment and other charges(1)	$	142	$	887

(1) Charges are attributable to the EAAA reportable segment.

Schedule of Restructuring Reserve by Type of Cost

A summary of the restructuring reserve balance, recorded within accrued expenses in the consolidated condensed balance sheets, for the 2021 restructuring plan is presented below:

	Workforce Reduction		Retention Bonuses		Asset Impairment and Other Related Charges		Total
	(in thousands)
Balance, at January 1, 2023	$	277	$	179	$	—	$	456
Charged to expenses	23		(19)		138		142
Deductions	(300)		(160)		—		(460)
Charged to other accounts	—		—		(138)		(138)
Balance, at April 2, 2023	$	—	$	—	$	—	$	—

Schedule of Expected and Cumulative Restructuring, Asset Impairment and Other Charges

Expected charges and cumulative charges incurred to date under the 2021 restructuring plan are as follows:

	Workforce Reduction		Retention Bonuses		Asset Impairment and Other Related Charges		Total
	(in thousands)
Estimated expected charges(1)	$	2,281	$	474	$	3,259	$	6,014
Cumulative charges incurred to date(1)	2,281		474		3,259		6,014

(1) Charges are attributable to the EAAA reportable segment.