We engage in restructuring activities focused on improving productivity and operating margins. Restructuring costs primarily relate to costs associated with workforce reductions, plant consolidations and closures, and changes to the management structure to align with our operations. Other restructuring associated costs, net primarily consist of equipment relocation and facility restoration costs. Asset-related charges consist of accelerated depreciation and amortization of assets due to changes in asset useful lives.


(amounts in thousands)	North America		Europe		Corporate and Unallocated Costs		Total Consolidated
Three Months Ended June 28, 2025
Restructuring severance and employee-related charges, net	$	2,107	$	2,383	$	(11)	$	4,479
Other restructuring associated costs, net	1,025		2,007		—		3,032
Asset-related charges	1,287		44		—		1,331
Other restructuring associated costs and asset-related charges, net	2,312		2,051		—		4,363
Total restructuring and asset-related charges, net	$	4,419	$	4,434	$	(11)	$	8,842
Three Months Ended June 29, 2024
Restructuring severance and employee-related charges, net	$	2,062	$	3,877	$	355	$	6,294
Other restructuring associated costs, net	2,018		1,861		—		3,879
Asset-related charges	5,147		931		196		6,274
Other restructuring associated costs and asset-related charges, net	7,165		2,792		196		10,153
Total restructuring and asset-related charges, net	$	9,227	$	6,669	$	551	$	16,447


(amounts in thousands)	North America		Europe		Corporate and Unallocated Costs		Total Consolidated
Six Months Ended June 28, 2025
Restructuring severance and employee-related charges, net(1)	$	12,126	$	4,233	$	725	$	17,084
Other restructuring associated costs, net	1,669		3,138		—		4,807
Asset-related charges	1,287		210		—		1,497
Other restructuring associated costs and asset-related charges, net	2,956		3,348		—		6,304
Total restructuring and asset-related charges, net	$	15,082	$	7,581	$	725	$	23,388
Six Months Ended June 29, 2024
Restructuring severance and employee-related charges, net	$	10,951	$	7,275	$	560	$	18,786
Other restructuring associated costs, net	4,108		2,419		—		6,527
Asset-related charges	8,066		931		196		9,193
Other restructuring associated costs and asset-related charges, net	12,174		3,350		196		15,720
Total restructuring and asset-related charges, net	$	23,125	$	10,625	$	756	$	34,506

(1)In the first quarter of fiscal 2025, the Company implemented a reduction in force, which was substantially complete as of the first quarter. The charges incurred in the six months ended June 28, 2025, were included in restructuring and asset-related charges, net in the accompanying consolidated statement of operations and include $3.0 million related to North America and $0.7 million related to Corporate.


(amounts in thousands)	June 28, 2025		December 31, 2024
Balance as of January 1	$	7,605	$	3,375
Current period charges, net	21,891		45,377
Payments	(21,220)		(40,879)
Currency translation	504		(268)
Balance at period end	$	8,780	$	7,605

Restructuring accruals are expected to be paid within the next 12 months and are included within accrued expenses and other current liabilities in the accompanying consolidated balance sheets.

In the second quarter of 2024, we announced plans to close two manufacturing facilities, located in Vista, California and Hawkins, Wisconsin in a continuing effort to simplify our footprint and drive operational efficiencies. As of June 28, 2025, the remaining cash outlay is expected to be $2.8 million. We were substantially complete with the facility closures at the end of the first quarter of 2025.


North America: Vista, California (Vista Composite Facility) and Hawkins, Wisconsin	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended				Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Restructuring severance and employee-related charges, net(1)	$	7,000	$	6,986	$	—	$	1,726	$	161	$	10,546
Other restructuring associated costs, net(1)	7,000		4,564		—		1,355		53		1,355
Product-related cash charges(2)	6,100		6,119		—		2,649		134		2,649
Total cash charges	$	20,100	$	17,669	$	—	$	5,730	$	348	$	14,550
Asset-related charges(1)	12,300		12,261		—		3,215		—		3,215
Inventory and other product-related non-cash charges(3)	3,700		3,706		—		3,706		—		3,706
Total non-cash charges	16,000		15,967		—		6,921		—		6,921
Total costs	$	36,100	$	33,636	$	—	$	12,651	$	348	$	21,471

Total cash outlays(4)	$	26,600	$	23,755	$	303	$	5,679	$	1,903	$	5,679

(1)The charges incurred in the six months ended June 28, 2025, and three and six months ended June 29, 2024, were included in restructuring and asset-related charges, net in the accompanying consolidated statements of operations.

(2)The product-related cash charges incurred in the six months ended June 28, 2025, and three and six months ended June 29, 2024, were detrimental to net sales in the accompanying consolidated statement of operations.

(3)The inventory and other product-related non-cash charges in the three and six months ended June 29, 2024, were included in cost of sales in the accompanying consolidated statement of operations.

During 2023 and 2024, we announced plans to transform our European operations by changing the operating structure, eliminating certain roles and rationalizing our manufacturing footprint. We plan to close two manufacturing facilities and transfer production to other facilities within Europe. During the second quarter of 2025, we announced additional plans, increasing the total estimated costs by approximately $9.8 million to $36.8 million, after identifying additional opportunities to optimize our European operating structure. As of June 28, 2025, the remaining restructuring accrual for these plans is $3.3 million and the remaining cash outlay is expected to be $12.7 million. We expect to substantially complete these initiatives by the end of 2025.


Europe	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended				Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Restructuring severance and employee-related charges, net(1)	$	30,500	$	21,593	$	2,272	$	3,825	$	4,228	$	7,207
Other restructuring associated costs, net(1)	5,700		5,204		22		1,830		55		2,316
Total cash charges	$	36,200	$	26,797	2,294		$	5,655	$	4,283	$	9,523
Asset-related charges(1)	600		573		—		573		—		573
Total costs	$	36,800	$	27,370	$	2,294	$	6,228	$	4,283	$	10,096

Total cash outlays	$	36,200	$	23,500	$	2,203	$	4,864	$	5,336	$	7,679

(1)The charges incurred in the three and six months ended June 28, 2025 and June 29, 2024, were included in restructuring and asset-related charges in the accompanying consolidated statements of operations.

In the third quarter of 2024, we announced plans to close two additional manufacturing facilities in Europe as part of our footprint rationalization activities. As of June 28, 2025, the remaining restructuring accrual for these plans is $0.6 million and the remaining cash outlay is expected to be $6.2 million. We expect to substantially complete the facility closures by the end of 2026.


Europe: Sheffield, England and Logstor, Denmark	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended		Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025			June 28, 2025
Restructuring severance and employee-related charges, net(1)	$	3,500	$	2,150	$	113		$	8
Other restructuring associated costs, net(1)	8,000		3,780		2,017			3,115
Total cash charges	$	11,500	$	5,930	$	2,130		$	3,123
Asset-related charges(1)	1,900		1,054		51			217
Total costs	$	13,400	$	6,984	$	2,181		$	3,340

Total cash outlays	$	11,500	$	5,300	$	2,285		$	3,753

(1)The charges incurred in the three and six months ended June 28, 2025, were included in restructuring and asset-related charges in the accompanying consolidated statement of operations.

During 2023, we announced plans to close two manufacturing facilities, located in Tijuana, Mexico and Vista, California as part of our footprint rationalization activities. As of June 28, 2025, the remaining restructuring accrual for these plans is $0.5 million and the remaining cash outlay is expected to be $0.5 million. We were substantially complete with the facility closures at the end of 2024.


North America: Tijuana, Mexico and Vista, California (Vista Vinyl Facility)	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended				Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Restructuring severance and employee-related charges, net(1)	$	7,800	$	7,641	$	2	$	13	$	9	$	(311)
Other restructuring associated costs, net(1)	2,700		2,646		1		322		13		1,944
Total cash charges	$	10,500	$	10,287	$	3	$	335	$	22	$	1,633
Asset-related charges(1)	6,600		6,628		—		—		—		2,919
Inventory and other product-related non-cash charges	1,500		1,466		—		—		—		—
Total non-cash charges	8,100		8,094		—		—		—		2,919
Total costs	$	18,600	$	18,381	$	3	$	335	$	22	$	4,552

Total cash outlays	$	10,400	$	9,945	$	1	$	471	$	13	$	2,560

In the third quarter of 2024, we announced to employees a restructuring plan to close a manufacturing facility in Wedowee, Alabama in a continuing effort to simplify our footprint and drive operational efficiencies. We were substantially complete with the facility closure at the end of the first quarter of 2025.


North America: Wedowee, Alabama	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended		Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025			June 28, 2025
Restructuring severance and employee-related charges, net(1)	$	1,100	$	1,094	$	—		$	108
Other restructuring associated costs, net(1)	600		537		—			288
Total cash charges	$	1,700	$	1,631	$	—		$	396



Inventory and other product-related non-cash charges	2,100		2,112		—			—
Total costs	$	3,800	$	3,743	$	—		$	396

Total cash outlays	$	1,700	$	1,631	$	—		$	519

In the first quarter of 2025, we announced to employees a restructuring plan to close two manufacturing facilities, located in Grinnell, Iowa and Coppell, Texas. In the second quarter of 2025, we announced additional plans to close a manufacturing facility in Chiloquin, Oregon. These three plans were actioned in a continuing effort to simplify our footprint and drive operational efficiencies. As of June 28, 2025, the remaining restructuring accrual for these plans is $3.2 million and the remaining cash outlay is expected to be $6.9 million. We expect to substantially complete the Grinnell, Iowa and Coppell, Texas facility closures by the third quarter of 2025, and we expect to substantially complete the Chiloquin, Oregon facility closure by the end of 2025.


North America: Grinnell, Iowa, Coppell, Texas, and Chiloquin Oregon	Total Estimated Costs		Cumulative Costs to-date		Costs in the Three Months Ended		Costs in the Six Months Ended
(amounts in thousands)					June 28, 2025			June 28, 2025
Restructuring severance and employee-related charges, net(1)	$	10,000	$	9,990	$	1,890		$	8,813
Other restructuring associated costs, net(1)	4,600		1,362		1,023			1,291
Product-related cash charges, net	400		—		—			—
Total cash charges	$	15,000	$	11,352	$	2,913		$	10,104
Asset-related charges(1)	500		429		429			429
Inventory and other product-related non-cash charges(2)	4,500		4,347		3,226			4,347
Total non-cash charges	5,000		4,776		3,655			4,776
Total costs	$	20,000	$	16,128	$	6,568		$	14,880

Total cash outlays	$	15,000	$	8,148	$	4,014		$	6,899

(1)The charges incurred in the three and six months ended June 28, 2025, were included in restructuring and asset-related charges in the accompanying consolidated statement of operations.

(2)The inventory and other product-related non-cash charges in the three and six months ended June 28, 2025, were included in cost of sales in the accompanying consolidated statement of operations.