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Property Plant and Equipment and Intangible Assets (Tables) | 9 Months Ended
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Sep. 27, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Components of Property Plant and Equipment Net | The following tables summarize the components of property, plant and equipment as of September 27, 2024 and December 29, 2023 and depreciation expense for the three and nine months ended September 27, 2024 and September 29, 2023.
|  | September 27, |  |  | December 29, |
(In thousands) |  | 2024 |  |  | 2023 |
Building, land and leasehold improvements |  | $ | 171 |  |  | $ | 4,002 |
Machinery, equipment, and vehicles |  |  | 50,565 |  |  |  | 70,250 |
Office equipment, software and construction in progress |  |  | 7,093 |  |  |  | 9,324 |
Property, plant and equipment, gross |  |  | 57,829 |  |  |  | 83,576 |
Accumulated depreciation |  |  | (36,433 | ) |  |  | (37,203 | )
Property, plant and equipment, net |  | $ | 21,396 |  |  | $ | 46,373 |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 27, |  |  | September 29, |  |  | September 27, |  |  | September 29, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |
Depreciation expense |  | $ | 2,737 |  |  | $ | 3,604 |  |  | $ | 9,515 |  |  | $ | 10,687 |
Schedule of Finite Lived Intangible Assets Including the Weighted Average Useful Lives | The following tables present the Company’s finite-lived intangible assets, including the weighted average useful lives for each major intangible asset category and in total:
|  | September 27, 2024
(In thousands) |  | Weighted Average Remaining Useful Life in Years |  |  | Intangible Assets, Gross |  |  | Accumulated Amortization |  |  | Intangible Assets, Net |  |
Trademark |  |  | 3.3 |  |  | $ | 10,600 |  |  | $ | (5,679 | ) |  | $ | 4,921 |  |
Customer contracts |  |  | 2.3 |  |  |  | 6,373 |  |  |  | (3,982 | ) |  |  | 2,391 |  |
Total |  |  |  |  | $ | 16,973 |  |  | $ | (9,661 | ) |  | $ | 7,312 |  |
|  | December 29, 2023 |
(In thousands) |  | Weighted Average Remaining Useful Life in Years |  |  | Intangible Assets, Gross |  |  | Accumulated Amortization |  |  | Intangible Assets, Net |
Trademark |  |  | 4 |  |  | $ | 10,600 |  |  | $ | (4,543 | ) |  | $ | 6,057 |
Customer contracts |  |  | 3 |  |  |  | 6,527 |  |  |  | (3,340 | ) |  |  | 3,187 |
Total |  |  |  |  | $ | 17,127 |  |  | $ | (7,883 | ) |  | $ | 9,244 |
Schedule of Estimated Aggregate Remaining Amortization | The Company’s estimated aggregate remaining amortization is as follows:
|  | Amortization |
(In thousands) |  | Expense |
2024 |  | $ | 644 |
2025 |  |  | 2,577 |
2026 |  |  | 2,577 |
2027 |  |  | 1,514 |
Total |  | $ | 7,312 |

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