v3.25.1
Restructuring Charges (Tables)
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Costs by Reportable Segment

Restructuring costs by reportable segment were as follows:

 

 

 

For the Quarter Ended

 

 

 

March 31, 2025

 

 

April 1, 2024

 

 

 

Employee
Separation/
Severance

 

 

Contract
Termination
and Other Costs

 

 

Total

 

 

Employee
Separation/
Severance

 

 

Contract
Termination
and Other Costs

 

 

Total

 

 

 

(In thousands)

 

PCB

 

$

(365

)

 

$

1,235

 

 

$

870

 

 

$

 

 

$

3,890

 

 

$

3,890

 

Corporate and Other

 

 

(156

)

 

 

 

 

 

(156

)

 

 

 

 

 

48

 

 

 

48

 

Total

 

$

(521

)

 

$

1,235

 

 

$

714

 

 

$

 

 

$

3,938

 

 

$

3,938

 

Accrued Restructuring Costs

Accrued restructuring costs are included as a component of other current liabilities in the consolidated condensed balance sheet. The utilization of the accrued restructuring costs was as follows:

 

 

 

Employee
Separation/
Severance

 

 

Contract
Termination
and Other Costs

 

 

Total

 

 

 

(In thousands)

 

Accrued as of December 30, 2024

 

$

3,077

 

 

$

409

 

 

$

3,486

 

(Credited) charged to expense

 

 

(521

)

 

 

1,235

 

 

 

714

 

Amount paid

 

 

(1,258

)

 

 

(1,443

)

 

 

(2,701

)

Accrued as of March 31, 2025

 

$

1,298

 

 

$

201

 

 

$

1,499