Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.22.0.1
RESTRUCTURING (Tables)
12 Months Ended
Jan. 01, 2022
Restructuring and Related Activities [Abstract]  
Components of Restructuring Charges
The following table presents the components of restructuring charges:
Year Ended December
(In thousands) 2021 2020 2019
Severance and employee-related benefits $ 992  $ 14,725  $ 14,903 
Asset impairments —  4,587  1,596 
Inventory write-downs —  3,645  4,403 
Other —  2,486  3,660 
Total restructuring charges $ 992  $ 25,443  $ 24,562 
The following table presents the restructuring costs by business segment:
Year Ended December
(In thousands) 2021 2020 2019
Wrangler $ 305  $ 6,616  $ 17,613 
Lee 331  5,702  6,685 
Corporate and other 356  13,125  264 
Total $ 992  $ 25,443  $ 24,562 
Schedule of Activity in Restructuring Accrual
The following table presents activity in the restructuring accrual for the years ended December 2021 and December 2020:
(In thousands) Severance
Accrual at December 2019 $ 2,172 
Charges 14,725 
Cash payments (8,390)
Adjustments to accruals (1,847)
Currency translation 81 
Accrual at December 2020 $ 6,741 
Charges 992 
Cash payments (6,673)
Adjustments to accruals
Currency translation 13 
Accrual at December 2021 $ 1,079