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Other Expense (Income), net (Tables)
 6 Months Ended
Jul. 01, 2023
Other Income and Expenses [Abstract]  
Other expense (income), net
Other expense, net for the three and six months ended July 1, 2023 and July 2, 2022 consists of the following:
 Three months endedSix months ended
(In thousands)July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Infineum termination fee, net$— $— $(10,876)$— 
Loss on foreign currency transactions3,885 10,046 $6,286 $14,623 
Loss on extinguishment of debt and modification4,481 — 8,361 — 
Other, net(642)(427)(705)(102)
Other expense, net$7,724 $9,619 $3,066 $14,521 
Infineum termination fee, net
On October 11, 2022, the Company and Infineum entered into a definitive agreement for the sale of the Company’s PIM business. On February 10, 2023, the Company terminated the definitive agreement. In accordance with the terms of the definitive agreement, the Company received a $12.0 million termination fee from Infineum in the first quarter of 2023 and incurred a transaction fee of $1.1 million to the third-party financial adviser it had engaged to assist with the transaction.