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Restructuring and Other
12 Months Ended
Dec. 29, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Other RESTRUCTURING AND OTHER
 
Restructuring, asset impairment, other (gains) and charges by reportable segment are presented as follows:

Fiscal Year
202420232022
(in thousands)
AMS$— $— $— 
EAAA— (2,502)1,965 
Total restructuring, asset impairment, other (gains) and charges
$— $(2,502)$1,965 

2021 Restructuring Plan

On September 8, 2021, the Company committed to a restructuring plan that focused on efforts to improve efficiencies and decrease costs across its worldwide operations. The plan involved a reduction of approximately 188 employees and the closure of the Company’s manufacturing facility in Thailand at the end of the first quarter of 2022.

During 2022, in conjunction with the closure of its Thailand facility, the Company recorded a write-down of inventory of $2.5 million within cost of sales in the consolidated statements of operations.

The Company recognized a gain of $2.7 million on the sale of the Thailand facility during 2023. See Note 7 entitled “Property, Plant and Equipment” for additional information. This restructuring plan was completed following the sale of the Thailand Facility.