v3.26.1
RESTRUCTURING COSTS
3 Months Ended
Mar. 28, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS
10. RESTRUCTURING COSTS

During 2025 and 2026, the Company initiated certain business restructuring activities aimed at improving operational efficiency and aligning resources with strategic priorities. These activities resulted in restructuring charges of $4.1 million and $2.4
million for the three months ended March 28, 2026 and March 29, 2025, respectively, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer-facing organization, which occurred in the fourth quarter of 2024, and (ii) commencing in the second quarter of 2025, workforce reductions and the abandonment of certain capital equipment no longer necessary for the Company’s long-term objectives. These restructuring activities are deemed to be discrete initiatives that are different from the Company’s ongoing productivity improvements.

The charges related to these restructuring activities were recognized in the condensed consolidated statements of operations for the three months ended March 28, 2026 and March 2029, 2025 and were as follows:
Three months ended March 28, 2026Three months ended March 29, 2025
(In millions)Employee Termination BenefitsEmployee Termination Benefits
Cost of sales$0.3 $0.2 
Selling, general and administrative0.7 1.6 
Engineering, research and development3.1 0.6 
Total$4.1 $2.4 

Restructuring charges by reportable segment as well as unallocated corporate level charges for the three months ended March 28, 2026 and March 29, 2025 were as follows:
Three months ended March 28, 2026Three months ended March 29, 2025
(In millions)Employee Termination BenefitsEmployee Termination Benefits
MS$1.2 $0.1 
APS1.5 2.3 
Unallocated corporate1.4 — 
Total$4.1 $2.4