v3.22.2.2
Restructuring (Tables)
 9 Months Ended
Oct. 01, 2022
Restructuring And Related Activities [Abstract]  
Schedule of Components of Restructuring Expenses For the three and nine months ended October 1, 2022, the components of the Company’s restructuring expenses were as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

October 1, 2022

 

 

October 1, 2022

 

Lease termination and other related costs

$

(334

)

 

$

3,332

 

Employee termination benefit costs

 

1,882

 

 

 

16,789

 

Lease impairment

 

1,828

 

 

 

1,828

 

Other costs

 

181

 

 

 

725

 

   Total restructuring expenses

$

3,557

 

 

$

22,674

 

 

See Note 3 for additional information in regard to the Company's lease impairment for the three and nine months ended October 1, 2022.

For the three and nine months ended October 1, 2022, restructuring expenses were recorded in the Company’s consolidated statements of net income as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

October 1, 2022

 

 

October 1, 2022

 

Cost of revenues

$

(98

)

 

$

4,401

 

Selling, general and administrative expenses

 

3,655

 

 

 

18,273

 

   Total restructuring expenses

$

3,557

 

 

$

22,674

 

For the fiscal year ended January 1, 2022, the components of the Company’s restructuring expenses were as follows:

 

 

Fiscal Year Ended

 

 

January 1, 2022

 

Lease termination and other related costs

$

12,688

 

Employee termination benefit costs

 

8,846

 

   Total restructuring expenses

$

21,534

 

 

For the fiscal year ended January 1, 2022, restructuring expenses were recorded in the Company’s consolidated statements of net income as follows:

 

 

Fiscal Year Ended

 

 

January 1, 2022

 

Cost of revenues

$

16,727

 

Selling, general and administrative expenses

 

4,807

 

   Total restructuring expenses

$

21,534

 

For the fiscal year ended January 2, 2021, the components of the Company’s restructuring expenses were as follows:

 

 

Fiscal Year Ended

 

 

January 2, 2021

 

Lease termination and other related costs

$

7,989

 

Employee termination benefit costs

 

25,103

 

   Total restructuring expenses

$

33,092

 

 

 

For the fiscal year ended January 2, 2021, restructuring expenses were recorded in the Company’s consolidated statements of net income as follows:

 

 

Fiscal Year Ended

 

 

January 2, 2021

 

Cost of revenues

$

23,300

 

Selling, general and administrative expenses

 

9,792

 

   Total restructuring expenses

$

33,092