PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

Property, plant and equipment [abstract]

PROPERTY, PLANT AND EQUIPMENT:


	Land			Buildings and improvements			Manufacturing equipment			Other equipment			Assets not yet utilized in operations			Total

2023

Cost
Balance, January 1, 2023		$	130,940		$	591,302		$	1,205,601		$	175,366		$	172,754		$	2,275,963
Additions		2,910			28,661			31,337			6,659			126,126			195,693



Transfers		—			11,024			97,684			4,921			(113,629)			—
Disposals(1)		(4,281)			(29,501)			(20,662)			(14,718)			—			(69,162)
Balance, December 31, 2023		$	129,569		$	601,486		$	1,313,960		$	172,228		$	185,251		$	2,402,494

Accumulated depreciation
Balance, January 1, 2023		$	—		$	263,383		$	756,317		$	141,094		$	—		$	1,160,794
Depreciation (note 21)		—			23,493			66,694			10,974			—			101,161


Disposals(1)		—			(3,551)			(16,925)			(13,500)			—			(33,976)

Balance, December 31, 2023		$	—		$	283,325		$	806,086		$	138,568		$	—		$	1,227,979
Carrying amount, December 31, 2023		$	129,569		$	318,161		$	507,874		$	33,660		$	185,251		$	1,174,515


	Land			Buildings and improvements			Manufacturing equipment			Other equipment			Assets not yet utilized in operations			Total

2022

Cost
Balance, January 2, 2022		$	127,068		$	582,643		$	1,109,128		$	171,147		$	76,660		$	2,066,646
Additions		4,321			22,578			48,665			8,375			158,595			242,534


Transfers		—			(8,128)			67,782			2,847			(62,501)			—
Disposals(1)		(449)			(5,791)			(19,974)			(7,003)			—			(33,217)
Balance, January 1, 2023		$	130,940		$	591,302		$	1,205,601		$	175,366		$	172,754		$	2,275,963

Accumulated depreciation
Balance, January 2, 2022		$	—		$	244,971		$	699,988		$	136,614		$	—		$	1,081,573
Depreciation (note 21)		—			23,872			67,185			11,257			—			102,314

Disposals(1)		—			(5,460)			(10,856)			(6,777)			—			(23,093)

Balance, January 1, 2023		$	—		$	263,383		$	756,317		$	141,094		$	—		$	1,160,794
Carrying amount, January 1, 2023		$	130,940		$	327,919		$	449,284		$	34,272		$	172,754		$	1,115,169

(1) Disposals include the write-off of certain equipment relating to facility closures. See note 18 "Restructuring and acquisition-related costs" for additional information. During fiscal 2022, disposals also included manufacturing equipment with a cost of $7.8 million and accumulated depreciation of $2.0 million related to the sale of Frontier Yarns - Plant 3. See note 5 for additional information.

Effective January 3, 2022, the Company revised the estimated useful lives of certain textile manufacturing equipment based on a re-assessment of their expected use to the Company and recent experience of their economic lives. These assets, which were previously being depreciated on a straight-line basis over 10 years, were revised to be depreciated on a straight-line basis over 15 years. For the year ended January 1, 2023, the change in estimate which was made on a prospective basis resulted in a reduction of depreciation of approximately $5.0 million.

Assets not yet utilized in operations include expenditures incurred to date for plant expansions which are still in process and equipment not yet placed into service as at the end of the reporting period.

As at December 31, 2023, there were contractual purchase obligations outstanding of approximately $104.7 million (January 1, 2023 - $168.5 million)