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Property Plant and Equipment and Intangible Assets (Tables)

9 Months Ended

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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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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