Quarterly report pursuant to Section 13 or 15(d)

Nature of Operations (Tables)

v3.22.2.2
Nature of Operations (Tables)
 9 Months Ended
Oct. 01, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Accounts Receivable, Allowance for Credit Loss
The summary of activity in the allowance for credit losses for the nine months ended October 1, 2022 and the allowance for doubtful accounts for the nine months ended September 25, 2021 are as follows:

Beginning Balance
CECL Adoption1
Write-offs
Provision (Reversal), net
 Ending Balance
2022
 $ 5,449  $ 366  $ (2,468) $ 1,206  $ 4,553 
2021 4,485  —  (59) (59) 4,367 

(1) On January 2, 2022, the Company adopted the provisions of ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (Topic 326), which introduced a new model known as CECL.