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v3.23.1

Forgivable Loans (Tables) | 3 Months Ended
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Apr. 01, 2023
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 1, 2023 |  | December 31, 2022
Beginning balance |  | $ | 56,456 |  |  | $ | 48,591 |
Advances |  | 16,842 |  |  | 34,984 |
Repayments |  | (616) |  |  | (25) |
Reclassifications from accrued expenses or to other assets (1) |  | — |  |  | (2,192) |
Amortization |  | (6,242) |  |  | (24,403) |
Effects of foreign currency translation |  | 80 |  |  | (499) |
Ending balance |  | $ | 66,520 |  |  | $ | 56,456 |
Current portion of forgivable loans |  | $ | 13,781 |  |  | $ | 9,666 |
Non-current portion of forgivable loans |  | $ | 52,739 |  |  | $ | 46,790 |
_______________________________ (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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