XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.24.3

Restructuring Charges (Adjustments) | 9 Months Ended
--- | ---
Sep. 29, 2024
Restructuring and Related Activities [Abstract] |
Restructuring Charges (Adjustments) | Restructuring Charges For the thirteen and thirty-nine weeks ended September 29, 2024, we recognized restructuring charges of $7.8 million and $11.0 million, respectively. For the thirteen and thirty-nine weeks ended September 24, 2023, we recognized restructuring charges of $1.4 million and $4.1 million. Restructuring charges for all periods presented are largely related to severance costs and other employee-related costs in order to better align our workforce with our forecasted demand within our manufacturing footprint. Reconciliation of Restructuring Liability
(U.S. Dollars presented in millions) |  | Balance at June 30, 2024 |  | Provision |  | Cash Expenditures(a) |  | Non-cash Writeoffs |  | Balance at September 29, 2024
Workforce reduction costs |  | $ | 1.4 |  |  | $ | 5.7 |  |  | $ | (2.7) |  |  | $ | — |  |  | $ | 4.4 |
Other(b) |  | 0.1 |  |  | 2.1 |  |  | (0.9) |  |  | (1.2) |  |  | 0.1 |
|  | $ | 1.5 |  |  | $ | 7.8 |  |  | $ | (3.6) |  |  | $ | (1.2) |  |  | $ | 4.5 |
(U.S. Dollars presented in millions) |  | Balance at June 25, 2023 |  | Provision |  | Cash Expenditures(a) |  | Non-cash Writeoffs |  | Balance at September 24, 2023
Workforce reduction costs |  | $ | 3.2 |  |  | $ | 1.2 |  |  | $ | (3.0) |  |  | $ | — |  |  | $ | 1.4 |
Other(b) |  | 0.1 |  |  | 0.2 |  |  | (0.2) |  |  | — |  |  | 0.1 |
|  | $ | 3.3 |  |  | $ | 1.4 |  |  | $ | (3.2) |  |  | $ | — |  |  | $ | 1.5 |
(U.S. Dollars presented in millions) |  | Balance at December 31, 2023 |  | Provision |  | Cash Expenditures(a) |  | Non-cash Writeoffs |  | Balance at September 29, 2024
Workforce reduction costs |  | $ | 1.3 |  |  | $ | 7.7 |  |  | $ | (4.6) |  |  | $ | — |  |  | $ | 4.4 |
Other(b) |  | 0.1 |  |  | 3.3 |  |  | (2.1) |  |  | (1.2) |  |  | 0.1 |
|  | $ | 1.4 |  |  | $ | 11.0 |  |  | $ | (6.7) |  |  | $ | (1.2) |  |  | $ | 4.5 |
(U.S. Dollars presented in millions) |  | Balance at December 25, 2022 |  | Provision |  | Cash Expenditures(a) |  | Non-cash Writeoffs |  | Balance at September 24, 2023
Workforce reduction costs |  | $ | 15.3 |  |  | $ | 2.5 |  |  | $ | (16.4) |  |  | $ | — |  |  | $ | 1.4 |
Other(b) |  | 0.1 |  |  | 1.6 |  |  | (1.6) |  |  | — |  |  | 0.1 |
|  | $ | 15.4 |  |  | $ | 4.1 |  |  | $ | (18.0) |  |  | $ | — |  |  | $ | 1.5 |
(a) Cash expenditures primarily related to severance charges. (b) Other includes provisions and non-cash writeoffs related to facility closure costs.

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