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Forgivable Loans (Tables) | 3 Months Ended
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Apr. 02, 2022
Forgivable Loans |
Schedule of forgivable loan activity | The following table presents forgivable loan activity for the respective periods (in thousands):
|  | Fiscal Quarter Ended |  | Fiscal Year Ended
|  | April 2, 2022 |  | January 1, 2022
Beginning balance |  | $ | 48,591 |  |  | $ | 61,613 |
Advances |  | 8,800 |  |  | 14,528 |
Repayments |  | — |  |  | (69) |
Reclassifications from accrued expenses or to other assets (1) |  | — |  |  | (2,229) |
Amortization |  | (5,362) |  |  | (25,187) |
Effects of foreign currency translation |  | 7 |  |  | (65) |
Ending balance |  | $ | 52,036 |  |  | $ | 48,591 |
Current portion of forgivable loans |  | $ | 12,899 |  |  | $ | 10,571 |
Non-current portion of forgivable loans |  | $ | 39,137 |  |  | $ | 38,020 |
_______________________________ (1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.

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- Definition Tabular disclosure of the forgivable loans activity. + References No definition available. + Details
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