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v3.23.2

Forgivable Loans (Tables) | 6 Months Ended
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Jul. 01, 2023
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 1, 2023 |  | December 31, 2022
Beginning balance |  | $ | 56,456 |  |  | $ | 48,591 |
Advances |  | 17,592 |  |  | 34,984 |
Repayments |  | (616) |  |  | (25) |
Reclassifications from accrued expenses or to other assets (1) |  | — |  |  | (2,192) |
Amortization |  | (12,600) |  |  | (24,403) |
Effects of foreign currency translation |  | 165 |  |  | (499) |
Ending balance |  | $ | 60,997 |  |  | $ | 56,456 |
Current portion of forgivable loans |  | $ | 12,134 |  |  | $ | 9,666 |
Non-current portion of forgivable loans |  | $ | 48,863 |  |  | $ | 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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