XML 32 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Restructuring Charges | 3 Months Ended
--- | ---
Mar. 31, 2025
Restructuring and Related Activities [Abstract] |
Restructuring Charges | (16) Restructuring Charges On February 8, 2023, the Company announced a consolidation plan, pursuant to which the Company ceased operations at three of its manufacturing facilities during the fiscal year ended January 1, 2024 and consolidated the operations of those facilities into other Company facilities. The three manufacturing facilities were PCB operations located in Anaheim and Santa Clara, California, and Hong Kong. The Company recorded $27,850 of restructuring charges and $6,032 of accelerated depreciation since the February 8, 2023 announcement. In addition to this consolidation plan, the Company recognized employee separation, contract termination, and other costs during the quarters ended March 31, 2025 and April 1, 2024 in connection with other global realignment restructuring efforts. Contract termination and other costs primarily represented plant closure costs. Restructuring costs by reportable segment were as follows:
|  | For the Quarter Ended |
|  | March 31, 2025 |  |  | April 1, 2024 |
|  | Employee Separation/ Severance |  |  | Contract Termination and Other Costs |  |  | Total |  |  | Employee Separation/ Severance |  |  | Contract Termination and Other Costs |  |  | Total |
|  | (In thousands) |
PCB |  | $ | (365 | ) |  | $ | 1,235 |  |  | $ | 870 |  |  | $ | — |  |  | $ | 3,890 |  |  | $ | 3,890 |
Corporate and Other |  |  | (156 | ) |  |  | — |  |  |  | (156 | ) |  |  | — |  |  |  | 48 |  |  |  | 48 |
Total |  | $ | (521 | ) |  | $ | 1,235 |  |  | $ | 714 |  |  | $ | — |  |  | $ | 3,938 |  |  | $ | 3,938 |
Accrued restructuring costs are included as a component of other current liabilities in the consolidated condensed balance sheet. The utilization of the accrued restructuring costs was as follows:
|  | Employee Separation/ Severance |  |  | Contract Termination and Other Costs |  |  | Total |
|  | (In thousands) |
Accrued as of December 30, 2024 |  | $ | 3,077 |  |  | $ | 409 |  |  | $ | 3,486 |
(Credited) charged to expense |  |  | (521 | ) |  |  | 1,235 |  |  |  | 714 |
Amount paid |  |  | (1,258 | ) |  |  | (1,443 | ) |  |  | (2,701 | )
Accrued as of March 31, 2025 |  | $ | 1,298 |  |  | $ | 201 |  |  | $ | 1,499 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration