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v3.22.2.2

Forgivable Loans (Tables) | 9 Months Ended
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Oct. 01, 2022
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
|  | October 1, 2022 |  | January 1, 2022
Beginning balance |  | $ | 48,591 |  |  | $ | 61,613 |
Advances |  | 25,467 |  |  | 14,528 |
Repayments |  | (25) |  |  | (69) |
Reclassifications from accrued expenses or to other assets (1) |  | (1,411) |  |  | (2,229) |
Amortization |  | (18,145) |  |  | (25,187) |
Effects of foreign currency translation |  | (734) |  |  | (65) |
Ending balance |  | $ | 53,743 |  |  | $ | 48,591 |
Current portion of forgivable loans |  | $ | 10,453 |  |  | $ | 10,571 |
Non-current portion of forgivable loans |  | $ | 43,290 |  |  | $ | 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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