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RESTRUCTURING AND ASSET IMPAIRMENTS (Tables)

3 Months Ended

Mar. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs

The following table presents restructuring costs by reportable segment:

									Three Months Ended
															March 30, 2024						April 1, 2023
															(in thousands)
RMS															$	7,387					$	—
DSA															6,491						(2)
Manufacturing															1,631						3,488
Unallocated corporate															1,490						—
Total															$	16,999					$	3,486

The following table presents restructuring costs as included within the Company’s unaudited condensed consolidated statements of income:

			March 30, 2024																		April 1, 2023
			Severance and Transition Costs						Asset Impairments and Other Costs						Total						Severance and Transition Costs						Asset Impairments and Other Costs						Total
			(in thousands)
Three Months Ended
Cost of services provided (excluding amortization of intangible assets)			$	4,810					$	1,108					$	5,918					$	567					$	—					$	567
Cost of products sold (excluding amortization of intangible assets)			678						1,330						2,008						18						2,564						2,582
Selling, general and administrative			3,549						5,524						9,073						329						8						337
Total restructuring costs			$	9,037					$	7,962					$	16,999					$	914					$	2,572					$	3,486

Schedule of Rollforward of Company's Severance and Retention Costs Liability

The following table provides a rollforward for all of the Company’s severance and transition costs related to all restructuring activities:

			Three Months Ended
			March 30, 2024						April 1, 2023
			(in thousands)
Beginning balance			$	5,050					$	1,300
Expense (excluding non-cash charges)			9,037						914
Payments / utilization			(3,235)						(331)
Foreign currency adjustments			(40)						6
Ending balance			$	10,812					$	1,889

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- References

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
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-Name Accounting Standards Codification
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-Section S99
-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

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