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Restructuring, Acquisition and Integration-Related Costs | 6 Months Ended
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Jul. 01, 2023
Restructuring and Related Activities [Abstract] |
Restructuring, Acquisition and Integration-Related Costs | Restructuring, Acquisition and Integration-Related Costs The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example: •In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and •In connection with the Company’s cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions, including accelerated depreciation (“Asset write-downs”) and workforce reductions. Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and six months ended July 1, 2023 and July 2, 2022:
| Three Months Ended |  | Six Months Ended
| July 1, 2023 |  | July 2, 2022 |  | July 1, 2023 |  | July 2, 2022
Cost of sales |  |  |  |  |  |  |
Restructuring costs | $ | 29,576 |  |  | 403 |  |  | 58,620 |  |  | 1,301 |
Acquisition integration-related costs | 865 |  |  | 309 |  |  | 877 |  |  | 349 |
Restructuring and acquisition integration-related costs | $ | 30,441 |  |  | 712 |  |  | 59,497 |  |  | 1,650 |
Selling, general and administrative expenses |  |  |  |  |  |  |
Restructuring costs | $ | 5,606 |  |  | 86 |  |  | 5,803 |  |  | 86 |
Acquisition transaction-related costs | 929 |  |  | 330 |  |  | 1,304 |  |  | 1,027 |
Acquisition integration-related costs | 4,685 |  |  | 770 |  |  | 7,181 |  |  | 1,054 |
Restructuring, acquisition transaction and integration-related costs | $ | 11,220 |  |  | 1,186 |  |  | 14,288 |  |  | 2,167 |
The restructuring activity for the three months ended July 1, 2023 is as follows:
| Lease impairments |  | Asset write- downs and gains on disposals |  | Severance |  | Other restructuring costs |  | Total |  |
Balance as of April 1, 2023 | $ | — |  |  | — |  |  | 8,057 |  |  |  |  | — |  |  | 8,057 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | 255 |  |  | 2,133 |  |  | 5,683 |  |  |  |  | 43 |  |  | 8,114 |  |  |
Flooring NA | — |  |  | 6,620 |  |  | 1,503 |  |  |  |  | 10,366 |  |  | 18,489 |  |  |
Flooring ROW | — |  |  | 7,786 |  |  | — |  |  |  |  | 793 |  |  | 8,579 |  |  |
Total restructuring costs | 255 |  |  | 16,539 |  |  | 7,186 |  |  |  |  | 11,202 |  |  | 35,182 |  |  |
Cash payments | — |  |  | — |  |  | (3,574) |  |  |  |  | (7,072) |  |  | (10,646) |  |  |
Non-cash items | (255) |  |  | (16,539) |  |  | 71 |  |  |  |  | (4,130) |  |  | (20,853) |  |  |
Balances as of July 1, 2023 | $ | — |  |  | — |  |  | 11,740 |  |  |  |  | — |  |  | 11,740 |  |  |
Restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 16,416 |  |  | 3,014 |  |  |  |  | 10,146 |  |  | 29,576 |  |  |
Selling, general and administrative expenses | 255 |  |  | 123 |  |  | 4,172 |  |  |  |  | 1,056 |  |  | 5,606 |  |  |
Total restructuring costs | $ | 255 |  |  | 16,539 |  |  | 7,186 |  |  |  |  | 11,202 |  |  | 35,182 |  |  |
The restructuring activity for the six months ended July 1, 2023 is as follows:
| Lease impairments |  | Asset write- downs and gains on disposals |  | Severance |  |  |  | Other restructuring costs |  | Total |  |
Balances as of December 31, 2022 | $ | — |  |  | — |  |  | 10,037 |  |  |  |  | — |  |  | 10,037 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | 255 |  |  | 2,133 |  |  | 5,683 |  |  |  |  | 43 |  |  | 8,114 |  |  |
Flooring NA | — |  |  | 6,106 |  |  | 1,553 |  |  |  |  | 17,743 |  |  | 25,402 |  |  |
Flooring ROW | — |  |  | 29,752 |  |  | 1 |  |  |  |  | 1,154 |  |  | 30,907 |  |  |
Total restructuring costs | 255 |  |  | 37,991 |  |  | 7,237 |  |  |  |  | 18,940 |  |  | 64,423 |  |  |
Cash payments | — |  |  | — |  |  | (5,585) |  |  |  |  | (14,124) |  |  | (19,709) |  |  |
Non-cash items | (255) |  |  | (37,991) |  |  | 51 |  |  |  |  | (4,816) |  |  | (43,011) |  |  |
Balances as of July 1, 2023 | $ | — |  |  | — |  |  | 11,740 |  |  |  |  | — |  |  | 11,740 |  |  |
Restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 37,868 |  |  | 3,064 |  |  |  |  | 17,688 |  |  | 58,620 |  |  |
Selling, general and administrative expenses | 255 |  |  | 123 |  |  | 4,173 |  |  |  |  | 1,252 |  |  | 5,803 |  |  |
Total restructuring costs | $ | 255 |  |  | 37,991 |  |  | 7,237 |  |  |  |  | 18,940 |  |  | 64,423 |  |  |
The Company expects the remaining severance and other restructuring costs to be paid over the next 12 months.

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- Definition The entire description for costs incurred to effect a business combination that have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//805/tableOfContent + Details
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