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Forgivable Loans (Tables)
6 Months Ended
Jul. 03, 2021
Forgivable Loans  
Schedule of forgivable loan activity
The following table presents forgivable loan activity for the respective periods (in thousands):
Fiscal Year-to-Date
Period Ended
Fiscal Year Ended
July 3,
2021
January 2,
2021
Beginning balance$61,613 $55,141 
Advances4,530 42,418 
Reclassifications from accrued expenses or to other assets (1)— (9,713)
Amortization(12,656)(26,628)
Effects of foreign currency translation107 395 
Ending balance$53,594 $61,613 
Current portion of forgivable loans$8,654 $14,749 
Non-current portion of forgivable loans$44,940 $46,864 
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(1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.