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Restructuring and Impairment | 9 Months Ended
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Sep. 28, 2024
Restructuring and Related Activities [Abstract] |
Restructuring and Impairment | Restructuring and Impairment Restructuring and impairment activity in the current year relates to continued manufacturing optimization initiatives in workplace furnishings, including the ramp-up of the larger facility in Mexico and production relocation at certain domestic plants. These projects are comprised of cash and non-cash set-up and move costs recorded to cost of sales, including accelerated depreciation and asset relocation and disposal costs. Furthermore, current year cash restructuring costs were incurred for employee benefits in connection with facility closures in workplace furnishings and reorganization actions in residential building products. Prior-year restructuring recorded in cost of sales in workplace furnishings was for initial set-up and asset relocation expenses related to the establishment of the larger facility in Mexico and non-cash inventory valuation adjustments from the closure of a small eCommerce brand. Other restructuring costs incurred in workplace furnishings in prior-year periods are mainly comprised of cash exit costs in connection with the divestiture of Poppin, and non-cash long-lived asset valuation charges in connection with office closures.
|  |  |  | Three Months Ended |  | Nine Months Ended
|  | Classification |  | September 28, 2024 |  | September 30, 2023 |  | September 28, 2024 |  | September 30, 2023
Workplace Furnishings |  |  |  |  |  |  |  |  |  |
Inventory valuation |  | Cost of sales |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (0.3) |
Facility set-up and consolidation costs |  | Cost of sales |  | 1.8 |  |  | 0.3 |  |  | 2.5 |  |  | 0.8 |
Long-lived asset charges |  | Restructuring and impairment charges |  | — |  |  | 0.2 |  |  | — |  |  | 2.3 |
Exit costs |  | Restructuring and impairment charges |  | 0.5 |  |  | 5.1 |  |  | 2.6 |  |  | 11.1 |
Residential Building Products |  |  |  |  |  |  |  |  |  |
Reorganization costs |  | Restructuring and impairment charges |  | 1.1 |  |  | — |  |  | 1.1 |  |  | — |
Total |  |  |  | $ | 3.4 |  |  | $ | 5.6 |  |  | $ | 6.2 |  |  | $ | 13.9 |
As of September 28, 2024 and December 30, 2023, accrued restructuring expenses of $3.3 million and $1.8 million, respectively, were included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets. Cash payments related to these charges in the current year-to-date period were $3.0 million. In the prior year-to-date period, cash payments were not significant. Future restructuring costs connected to current initiatives are estimated to be $5.4 million.

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- 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
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