Restructuring, Integration, and Other Charges (Credits)

3 Months Ended

Apr. 02, 2022

Restructuring Charges [Abstract]

Restructuring, Integration and Other Charges (Credits) [Text Block]

Restructuring, Integration, and Other Charges

Restructuring initiatives and integration costs are due to the company's continued efforts to lower costs, drive operational efficiency, integrate any acquired businesses, and the consolidation of certain operations, as necessary. The following table presents the components of the restructuring, integration, and other charges:

	Quarter Ended
	April 2, 2022		April 3, 2021
Restructuring and integration charges - current period actions	$	2,725	$	4,850
Restructuring and integration charges - actions taken in prior periods	1,332		1,400
Other charges (credits)	841		(541)
	$	4,898	$	5,709

Restructuring and Integration Accrual Summary

The restructuring and integration accrual was $10,617 and $11,201 at April 2, 2022 and December 31, 2021, respectively. During the first quarter of 2022, the company made $6,955 of payments related to restructuring and integration accruals, and recorded $4,057 in restructuring and integration charges. The remaining changes to the accrual related to changes in foreign

exchange rates during the year. Substantially all amounts accrued at April 2, 2022, and all restructuring and integration charges for the first quarter of 2022, relate to the termination of personnel and are expected to be spent in cash within one year.