Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.19.3
RESTRUCTURING (Tables)
9 Months Ended
Sep. 28, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following table presents components of the restructuring charges for previously approved initiatives:
(in thousands)
 
Three Months Ended September 2019

Nine Months Ended September 2019
 
Severance and employee-related benefits
 
$

 
$
14,903

 
Asset impairments
 

 
1,596

 
Inventory write-downs
 

 
4,403

 
Other
 

 
3,660

 
Total restructuring charges
 
$

 
$
24,562

 
The following table presents restructuring costs by business segment for previously approved initiatives:
(in thousands)
 
Three Months Ended September 2019
 
Nine Months Ended September 2019
 
Wrangler
 
$

 
$
17,613

 
Lee
 

 
6,685

 
Other
 

 
264

 
Total
 
$

 
$
24,562

 

Activity in Restructuring
The following table presents activity in the restructuring accrual for the nine-month period ended September 2019:
(in thousands)
Severance
 
Other
 
Total
 
Accrual at December 2018
$
23,249

 
$

 
$
23,249

 
Charges
14,903

 
3,660

 
18,563

 
Cash payments
(27,573
)
 
(839
)
 
(28,412
)
 
Adjustments to accruals
1,641

 

 
1,641

 
Currency translation
(58
)
 
(197
)
 
(255
)
 
Adjustment at Separation
(6,384
)
 
(2,624
)
 
(9,008
)
 
Accrual at September 2019
$
5,778

 
$

 
$
5,778