Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.20.1
RESTRUCTURING (Tables)
 12 Months Ended
Dec. 28, 2019
Restructuring and Related Activities [Abstract]  
Components of Restructuring Charges
The following table presents the components of restructuring charges:
 
Year Ended December
 
 
 
 
 
 
 
 
(In thousands)
 
 2019
 
 
2018
 
2017
Severance and employee-related benefits
 
$
14,903

 
 
$
20,385

 
$
9,541

Asset impairments
 
1,596

 
 
—

 
—

Inventory write-downs
 
4,403

 
 
—

 
—

Other
 
3,660

 
 
—

 
—

Total restructuring charges
 
$
24,562

 
 
$
20,385

 
$
9,541

The following table presents the restructuring charges by business segment:
 
Year Ended December
 
 
 
 
 
 
 
 
(In thousands)
 
2019
 
 
2018
 
2017
Wrangler
 
$
17,613

 
 
$
13,358

 
$
3,367

Lee
 
6,685

 
 
6,592

 
6,174

Other
 
264

 
 
435

 
—

Total
 
$
24,562

 
 
$
20,385

 
$
9,541


Activity in Restructuring Accrual
The following table presents activity in the restructuring accrual for the periods ending December 2019 and December 2018:
(In thousands)
 
Severance
 
Other
 
Total
 
Accrual at December 2017
 
$
11,007

 
$
—

 
$
11,007

 
Charges
 
20,385

 
—

 
20,385

 
Cash payments
 
(6,586
)
 
—

 
(6,586
)
 
Adjustments to accruals
 
(1,540
)
 
—

 
(1,540
)
 
Currency translation
 
(17
)
 
—

 
(17
)
 
Accrual at December 2018
 
$
23,249

 
$
—

 
$
23,249

 
Charges
 
14,903

 
3,660

 
18,563

 
Cash payments
 
(31,201
)
 
(839
)
 
(32,040
)
 
Adjustments to accruals
 
1,663

 
—

 
1,663

 
Currency translation
 
(58
)
 
(197
)
 
(255
)
 
Adjustment at Separation
 
(6,384
)
 
(2,624
)
 
(9,008
)
 
Accrual at December 2019
 
$
2,172

 
$
—

 
$
2,172