Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.20.2
RESTRUCTURING (Tables)
6 Months Ended
Jun. 27, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following table presents the components of restructuring charges:
Three Months Ended Six Months Ended
(In thousands)
June 2020 June 2019 June 2020 June 2019
Severance and employee-related benefits $ 4,215    $ 1,746    $ 10,010    $ 14,903   
Asset impairments 1,579    —    1,579    1,596   
Inventory write-downs —    —    —    4,403   
Other —    —    —    3,660   
Total restructuring charges $ 5,794    $ 1,746    $ 11,589    $ 24,562   
The following table presents the restructuring costs by business segment:
Three Months Ended Six Months Ended
(In thousands)
June 2020 June 2019 June 2020 June 2019
Wrangler $ 478    $ 1,191    $ 3,656    $ 17,613   
Lee 514    461    3,131    6,685   
Corporate and other 4,802    94    4,802    264   
Total $ 5,794    $ 1,746    $ 11,589    $ 24,562   
Activity in Restructuring
The following table presents activity in the restructuring accrual for the six-month period ended June 2020:
(In thousands) Total
Accrual at December 2019 $ 2,172   
Charges 10,010   
Cash payments (4,610)  
Adjustments to accruals (179)  
Accrual at June 2020 $ 7,393