XML 35 R25.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Restructuring and Asset Impairment Charges
3 Months Ended
Mar. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Asset Impairment Charges Restructuring and Asset Impairment Charges In December 2022, the Company's management reviewed our global network of collagen plants for optimization opportunities and decided to close our Peabody, Massachusetts plant in 2023. In addition to charges incurred in fiscal 2022, the Company incurred additional restructuring charges in the first three months of fiscal 2023 in the Food Segment for employee termination costs of approximately $4.4 million. In addition, the Company incurred approximately $0.1 million of employee termination costs in the first three months of fiscal 2023 in the Feed Segment related to closing down of a processing location in Europe and transferring the material to another processing location in Europe.