Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.19.2
RESTRUCTURING (Tables)
 6 Months Ended
Jun. 29, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs

The components of the restructuring charges are as follows:
(in thousands)
 
Three Months Ended June 2019

Six Months Ended June 2019
 
Severance and employee-related benefits
 
$
1,746

 
$
14,903

 
Asset impairments
 
—

 
1,596

 
Inventory write-downs
 
—

 
4,403

 
Other
 
—

 
3,660

 
Total restructuring charges
 
$
1,746

 
$
24,562

 

Restructuring costs by business segment are as follows:
(in thousands)
 
Three Months Ended June 2019
 
Six Months Ended June 2019
 
Wrangler
 
$
1,191

 
$
17,613

 
Lee
 
461

 
6,685

 
Other
 
94

 
264

 
Total
 
$
1,746

 
$
24,562

 

Activity in Restructuring
The activity in the restructuring accrual for the six-month period ended June 2019 is as follows:
(in thousands)
Severance
 
Other
 
Total
 
Accrual at December 2018
$
23,249

 
$
—

 
$
23,249

 
Charges
14,903

 
3,660

 
18,563

 
Cash payments
(18,951
)
 
(839
)
 
(19,790
)
 
Adjustments to accruals
83

 
—

 
83

 
Currency translation
(58
)
 
(197
)
 
(255
)
 
Adjustment at Separation
(6,384
)
 
(2,624
)
 
(9,008
)
 
Accrual at June 2019
$
12,842

 
$
—

 
$
12,842