Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.19.2
RESTRUCTURING (Tables)
 3 Months Ended
Mar. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs

The components of the restructuring charges are as follows:
 
 
Three Months Ended
 
 
 
 
 
 
(in thousands)
 
March 2019
 
 
March 2018
Severance and employee-related benefits
 
$
13,157

 
 
$
1,936

Asset impairments
 
1,596

 
 
—

Inventory write-downs
 
4,403

 
 
—

Other
 
3,660

 
 
—

Total restructuring charges
 
$
22,816

 
 
$
1,936


Restructuring costs by business segment are as follows:
 
 
Three Months Ended
 
 
 
 
 
 
(In thousands)
 
March 2019
 
 
March 2018
Wrangler
 
$
16,422

 
 
$
826

Lee
 
6,224

 
 
677

Other
 
170

 
 
433

Total
 
$
22,816

 
 
$
1,936


Activity in Restructuring
The activity in the restructuring accrual for the three-month periods ended March 2019 and 2018 is as follows:
(In thousands)
Severance
 
Other
 
Total
Accrual at December 2018
$
23,249

 
$
—

 
$
23,249

Charges
13,157

 
3,660

 
16,817

Cash payments
(3,046
)
 
—

 
(3,046
)
Adjustments to accruals
(230
)
 
—

 
(230
)
Currency translation
(17
)
 
(197
)
 
(214
)
Accrual at March 2019
$
33,113

 
$
3,463

 
$
36,576



(in thousands)
Severance

Other

Total
Accrual at December 2017
$
11,007


$
—


$
11,007

Charges
1,936


—


1,936

Cash payments
(837
)

—


(837
)
Adjustments to accruals
(197
)

—


(197
)
Currency translation
4


—


4

Accrual at March 2018
$
11,913


$
—


$
11,913