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Restructuring, Asset Impairment and Other Charges (Tables) | 12 Months Ended
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Dec. 28, 2024
Restructuring and Related Activities [Abstract] |
Schedule of Activity of Reserves for Closed Properties | The following table provides the activity of reserves for closed properties for 2024, 2023 and 2022. Reserves for closed properties recorded in the consolidated balance sheets are included in “Other accrued expenses” in Current liabilities and “Other long-term liabilities” in Long-term liabilities based on when the obligations are expected to be paid.
| Lease and |  |  |  |  |  |  |
(In thousands) | Ancillary Costs |  | Severance |  | Total |
Balance at January 1, 2022 | $ |  | 3,124 |  | $ |  | — |  | $ |  | 3,124 |
Provision for closing charges |  |  | 1,837 |  |  |  | — |  |  |  | 1,837 |
Provision for severance |  |  | — |  |  |  | 9 |  |  |  | 9 |
Lease termination adjustments |  |  | (86 | ) |  |  | — |  |  |  | (86 | )
Changes in estimates |  |  | 28 |  |  |  | — |  |  |  | 28 |
Accretion expense |  |  | 67 |  |  |  | — |  |  |  | 67 |
Payments |  |  | (993 | ) |  |  | (9 | ) |  |  | (1,002 | )
Balance at December 31, 2022 |  |  | 3,977 |  |  |  | — |  |  |  | 3,977 |
Provision for severance |  |  | — |  |  |  | 21 |  |  |  | 21 |
Changes in estimates |  |  | (258 | ) |  |  | — |  |  |  | (258 | )
Accretion expense |  |  | 102 |  |  |  | — |  |  |  | 102 |
Payments |  |  | (844 | ) |  |  | (21 | ) |  |  | (865 | )
Balance at December 30, 2023 |  |  | 2,977 |  |  |  | — |  |  |  | 2,977 |
Provision for closing charges |  |  | 5,356 |  |  |  | — |  |  |  | 5,356 |
Provision for severance |  |  | — |  |  |  | 405 |  |  |  | 405 |
Lease termination adjustments |  |  | (1,489 | ) |  |  | — |  |  |  | (1,489 | )
Changes in estimates |  |  | (142 | ) |  |  | — |  |  |  | (142 | )
Accretion expense |  |  | 129 |  |  |  | — |  |  |  | 129 |
Payments |  |  | (788 | ) |  |  | (394 | ) |  |  | (1,182 | )
Balance at December 28, 2024 | $ |  | 6,043 |  | $ |  | 11 |  | $ |  | 6,054 |
Schedule of Restructuring Asset Impairment and Other Charges | Restructuring, asset impairment and other charges included in the consolidated statements of earnings consisted of the following:
(In thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Asset impairment charges (a) |  | $ |  | 20,920 |  |  | $ |  | 11,749 |  |  | $ |  | 5,086 |
Provision for closing charges |  |  |  | 5,356 |  |  |  |  | — |  |  |  |  | 1,837 |
Loss (gain) on sales of assets related to closed facilities (b) |  |  |  | 1,554 |  |  |  |  | (2,614 | ) |  |  |  | (6,324 | )
Provision for severance |  |  |  | 405 |  |  |  |  | 21 |  |  |  |  | 9 |
Other costs associated with site closures (c) |  |  |  | 2,536 |  |  |  |  | 584 |  |  |  |  | 271 |
Lease termination adjustments (d) |  |  |  | (2,238 | ) |  |  |  | — |  |  |  |  | (102 | )
Changes in estimates |  |  |  | (142 | ) |  |  |  | (550 | ) |  |  |  | 28 |
Total |  | $ |  | 28,391 |  |  | $ |  | 9,190 |  |  | $ |  | 805 |
(a) Asset impairment charges in the current year include impairments of indefinite-lived trade names and long-lived assets within both the Wholesale and Retail segments as a result of changes in the competitive environment. Asset impairment charges of $8.0 million were incurred in 2023 within the Wholesale segment related to the Company's continued supply chain network optimization in response to customer demand changes. Additional charges in the prior year were incurred related to two store closures in the Retail segment and impairment losses related to a distribution location that sustained storm damage in the Wholesale segment. In 2022, charges were incurred primarily in the Retail segment and relate to restructuring of the Retail segment's e-commerce delivery model and a store closure. (b) Loss on sales of assets in the current year primarily relate to th e sales of real and personal property of previously closed locations within both the Wholesale and Retail segments. I n 2023, gain on sales of assets primarily relate to the sale of a store within the Retail segment. Gain on sales of assets in 2022 primarily relate to the sales of real property of previously closed locations within both the Wholesale and Retail segments. (c) Other costs activity in the current year primarily relates to restructuring activity within the Wholesale segment, including the closure of a distribution center. In 2023, activity primarily relates to Retail store closings. In 2022, activity primarily relates to restructuring activity within the Wholesale segment and Retail store closings. (d) Lease termination adjustments in the current year relate to the gains recognized to terminate lease agreements, which included the write-off of lease liabilities totaling $0.6 million and the write-off of lease ancillary costs included in the reserve for closed properties totaling $1.5 million.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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