Restructuring, Integration, and Other (Tables)

6 Months Ended

Jul. 04, 2026

Restructuring, Integration, and Other

Schedule of components of the restructuring, integration, and other charges

	Quarter Ended				Six Months Ended
	July 4,		June 28,		July 4,		June 28,
(thousands)	2026		2025		2026		2025
Restructuring, integration and related costs
Operating Expense Efficiency Plan costs (a)	$	18,326	$	19,946	$	49,411	$	28,631
Other plans		2,962		582		5,053		1,883
Other expenses
Operating expense reduction costs not related to restructuring initiatives (b)		(49)		(1,821)		491		1,928
Other charges		2,900		3,212		5,848		6,790
	$	24,139	$	21,919	$	60,803	$	39,232

(a) See details related to the Operating Expense Efficiency Plan discussed below.

(b) Primarily related to employee severance and benefit costs. As of July 4, 2026, the accrued liabilities related to these costs totaled $12.5 million and substantially all accrued amounts are expected to be spent in cash within two years.

Operating Expense Efficiency Plan costs

Restructuring, Integration, and Other

Schedule of components of the restructuring, integration, and other charges

		Quarter Ended				Six Months Ended				Total Cost
		July 4,		June 28,		July 4,		June 28,		Incurred to
(thousands)	Income Statement Line	2026		2025		2026		2025		Date
Employee severance and benefit costs	Restructuring, integration, and other	$	4,062	$	12,659	$	16,305	$	19,413	$	101,310
Inventory (recoveries) write-downs	Cost of sales		(2,970)		(2,172)		(5,218)		(4,639)		34,860
Business wind down costs (a)	Restructuring, integration, and other		14,264		-		22,830		-		27,475
Other costs (b)	Restructuring, integration, and other		-		7,287		10,276		9,218		36,987
		$	15,356	$	17,774	$	44,193	$	23,992	$	200,632

(a) Business wind down costs consist primarily of CTA write-offs and asset impairments.

Other costs consist primarily of consulting and other professional fees and early lease termination fees.

Schedule of activity in the restructuring, integration, and other accruals

(thousands)	Employee Severance and Benefit Costs		Inventory Recoveries		Business Wind Down Costs		Other Costs		Total
Balance at December 31, 2025	$	51,247	$	-	$	-	$	5,227	$	56,474
Restructuring related charges		16,305		(5,218)		22,830		10,276		44,193
Asset write-offs and other non-cash activity		-		-		(22,830)		-		(22,830)
Cash (payments) receipts		(34,626)		5,218		-		(15,294)		(44,702)
Foreign currency translations		(1,213)		-		-		(55)		(1,268)
Balance at July 4, 2026	$	31,713	$	-	$	-	$	154	$	31,867