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Restructuring, Impairment, and Other Charges (Tables) | 6 Months Ended
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Jun. 29, 2024
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring, Impairment and Other Charges | The Company recorded restructuring, impairment, and other charges for the three and six months ended June 29, 2024 and July 1, 2023 as follows:
| Three Months Ended June 29, 2024 |  | Six Months Ended June 29, 2024
(in thousands) | Electronics |  | Transportation |  | Industrial |  | Total |  | Electronics |  | Transportation |  | Industrial |  | Total
Employee terminations | $ | 4,501 |  |  | $ | 437 |  |  | $ | 5 |  |  | $ | 4,943 |  |  | $ | 5,105 |  |  | $ | 1,591 |  |  | $ | 416 |  |  | $ | 7,112 |
Other restructuring charges | 87 |  |  | 209 |  |  | 13 |  |  | 309 |  |  | 139 |  |  | 287 |  |  | 18 |  |  | 444 |
Total restructuring charges | 4,588 |  |  | 646 |  |  | 18 |  |  | 5,252 |  |  | 5,244 |  |  | 1,878 |  |  | 434 |  |  | 7,556 |
Impairment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 933 |  |  | — |  |  | 933 |
Total | $ | 4,588 |  |  | $ | 646 |  |  | $ | 18 |  |  | $ | 5,252 |  |  | $ | 5,244 |  |  | $ | 2,811 |  |  | $ | 434 |  |  | $ | 8,489 |
| Three Months Ended July 1, 2023 |  | Six Months Ended July 1, 2023
(in thousands) | Electronics |  | Transportation |  | Industrial |  | Total |  | Electronics |  | Transportation |  | Industrial |  | Total
Employee terminations | $ | 987 |  |  | $ | 351 |  |  | $ | 277 |  |  | $ | 1,615 |  |  | $ | 1,659 |  |  | $ | 933 |  |  | $ | 594 |  |  | $ | 3,186 |
Other restructuring charges | 250 |  |  | 412 |  |  | 654 |  |  | 1,316 |  |  | 257 |  |  | 684 |  |  | 654 |  |  | 1,595 |
Total restructuring charges | 1,237 |  |  | 763 |  |  | 931 |  |  | 2,931 |  |  | 1,916 |  |  | 1,617 |  |  | 1,248 |  |  | 4,781 |
Impairment | — |  |  | 3,870 |  |  | 54 |  |  | 3,924 |  |  | — |  |  | 3,870 |  |  | 54 |  |  | 3,924 |
Total | $ | 1,237 |  |  | $ | 4,633 |  |  | $ | 985 |  |  | $ | 6,855 |  |  | $ | 1,916 |  |  | $ | 5,487 |  |  | $ | 1,302 |  |  | $ | 8,705 |

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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