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Other expense (income), net
 6 Months Ended
Jun. 29, 2024
Other Income and Expenses [Abstract]  
Other Nonoperating Income and Expense
Other expense, net for the three and six months ended June 29, 2024 and July 1, 2023 consisted of the following:
 Three months endedSix months ended
(In thousands)June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Infineum termination fee, net$— $— $— $(10,876)
Loss on foreign currency transactions2,653 3,885 4,295 6,286 
Loss on extinguishment of debt and modification796 4,481 12,347 8,361 
Other, net(472)(642)620 (705)
Other expense, net$2,977 $7,724 $17,262 $3,066 
Infineum termination fee, net
On October 11, 2022, the Company and Infineum USA L.P. (“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.