Restructuring and Related Activities |
6 Months Ended | |||||||||||||||||||||||||||||||||||
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Jun. 28, 2025 | ||||||||||||||||||||||||||||||||||||
| Restructuring and Related Activities [Abstract] | ||||||||||||||||||||||||||||||||||||
| Restructuring and Related Activities |
Note 2 – Restructuring and Related Activities
In September 2024, the Company announced the implementation of restructuring actions designed to optimize the Company’s
manufacturing footprint and streamline business decision making.
The following table summarizes activity to date related to this program:
Severance payment terms vary by country, but are generally paid in a lump sum at cessation of employment. Some payments are
made over an extended period. The current portion of the liability is $9,354 and is included in other accrued expenses in the
accompanying consolidated condensed balance sheet. The non-current portion of the liability is $15,037 and is included in other
liabilities in the accompanying consolidated condensed balance sheet.
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