v3.26.1
Reorganization and Realignment Costs
 6 Months Ended
Jun. 28, 2026
Restructuring and Related Activities [Abstract]  
Reorganization and Realignment Costs Reorganization and Realignment Costs
The following is a summary of the initiatives included in “Reorganization and realignment costs:”
Three Months EndedSix Months Ended
June 28,
2026		June 29,
2025		June 28,
2026		June 29,
2025
Organizational Redesign Plan$3 $106 $(198)$(844)
Other reorganization and realignment plans7 68 46 326 
Reorganization and realignment costs$10 $174 $(152)$(518)

Organizational Redesign

In February 2023, the Board of Directors approved a plan to redesign the Company’s organizational structure to better support the execution of the Company’s long-term growth strategy by maximizing organizational efficiency and streamlining decision making (the “Organizational Redesign Plan”). Additionally, in January 2024, the Board of Directors announced the appointment of a new President and Chief Executive Officer and the departure of the Company’s previous President and Chief Executive Officer. During the six months ended June 28, 2026 and June 29, 2025, the Company recognized costs totaling $(198) and $(844), respectively, which primarily included reversals of severance accruals. The Company does not expect to incur any material additional costs under the Organizational Redesign Plan.

The following is a summary of the costs recorded as a result of the Organizational Redesign Plan:
Three Months EndedSix Months EndedTotal Incurred Since Inception
June 28,
2026		June 29,
2025		June 28,
2026		June 29,
2025
Severance and related employee costs (a)$— $(6)$(228)$(1,094)$12,098 
Recruitment and relocation costs— — — 13 736 
Third-party and other costs— — — — 1,116 
— (6)(228)(1,081)13,950 
Share-based compensation (b)3 112 30 237 2,530 
Total organizational redesign$3 $106 $(198)$(844)$16,480 
_______________

(a)The six months ended June 28, 2026 and June 29, 2025 include reversals of severance accruals as a result of changes in estimates.

(b)Total incurred since inception primarily represents the accelerated recognition of share-based compensation resulting from the termination of employees under the Organizational Redesign Plan.
As of June 28, 2026, the accruals for the Organizational Redesign Plan are included in “Accrued expenses and other current liabilities.” The tables below present a rollforward of our accruals for the Organizational Redesign Plan.
Balance
December 28,
2025
ChargesPayments
Balance
June 28,
2026
Severance and related employee costs$378 $(228)$(144)$6 
Recruitment and relocation costs— — — — 
Third-party and other costs— — — — 
$378 $(228)$(144)$6 

Balance
December 29,
2024		ChargesPaymentsBalance
June 29,
2025
Severance and related employee costs$4,257 $(1,094)$(1,897)$1,266 
Recruitment and relocation costs— 13 (13)— 
Third-party and other costs— — — — 
$4,257 $(1,081)$(1,910)$1,266 

Other Reorganization and Realignment Plans

Costs incurred under the Company’s other reorganization and realignment plans were not material during the six months ended June 28, 2026 and June 29, 2025. The Company does not expect to incur any material additional costs under these plans.