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Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.19.1
RESTRUCTURING (Tables)
12 Months Ended
Mar. 30, 2019
Restructuring and Related Activities [Abstract] Ìý
Components of Restructuring Charges
The components of the restructuring charges are as follows:
(In thousands)
Ìý
Year Ended March 2019 Charges
Ìý
Ìý
Three Months Ended March 2018 Charges
Ìý
Year Ended December 2017 Charges
Ìý
Year Ended December 2016 Charges
Severance and employee-related benefits
Ìý
$
79,693

Ìý
Ìý
$
14,927

Ìý
$
22,611

Ìý
$
50,395

Asset impairments
Ìý
5,705

Ìý
Ìý
—

Ìý
—

Ìý
3,394

Inventory write-downs
Ìý
6,574

Ìý
Ìý
—

Ìý
—

Ìý
—

Contract termination and other
Ìý
15,643

Ìý
Ìý
—

Ìý
4,436

Ìý
1,310

Total restructuring charges
Ìý
$
107,615

Ìý
Ìý
$
14,927

Ìý
$
27,047

Ìý
$
55,099


Restructuring costs by business segment are as follows:
(In thousands)
Ìý
Year Ended March 2019 Charges
Ìý
Ìý
Three Months Ended March 2018 Charges
Ìý
Year Ended December 2017 Charges
Ìý
Year Ended December 2016 Charges
Outdoor
Ìý
$
38,952

Ìý
Ìý
$
4,550

Ìý
$
10,393

Ìý
$
14,137

Active
Ìý
13,579

Ìý
Ìý
—

Ìý
2,400

Ìý
3,946

Work
Ìý
10,003

Ìý
Ìý
7,802

Ìý
3,895

Ìý
1,308

Jeans
Ìý
39,936

Ìý
Ìý
2,575

Ìý
6,993

Ìý
20,357

Other
Ìý
167

Ìý
Ìý
—

Ìý
—

Ìý
1,277

Corporate
Ìý
4,978

Ìý
Ìý
—

Ìý
3,366

Ìý
14,074

Total
Ìý
$
107,615

Ìý
Ìý
$
14,927

Ìý
$
27,047

Ìý
$
55,099

Activity in Restructuring Accrual
The activity in the restructuring accrual is as follows:
(In thousands)
Ìý
Severance
Ìý
Other
Ìý
Total
Ìý
Accrual at December 2016
Ìý
$
49,728

Ìý
$
878

Ìý
$
50,606

Ìý
Charges
Ìý
22,611

Ìý
4,436

Ìý
27,047

Ìý
Cash payments and settlements
Ìý
(37,349
)
Ìý
(878
)
Ìý
(38,227
)
Ìý
Adjustments to accruals
Ìý
(2,783
)
Ìý
—

Ìý
(2,783
)
Ìý
Currency translation
Ìý
1,601

Ìý
—

Ìý
1,601

Ìý
Accrual at December 2017
Ìý
33,808

Ìý
4,436

Ìý
38,244

Ìý
Charges
Ìý
14,927

Ìý
—

Ìý
14,927

Ìý
Cash payments and settlements
Ìý
(4,658
)
Ìý
(3,992
)
Ìý
(8,650
)
Ìý
Adjustments to accruals
Ìý
(1,033
)
Ìý
—

Ìý
(1,033
)
Ìý
Currency translation
Ìý
101

Ìý
—

Ìý
101

Ìý
Accrual at March 2018
Ìý
43,145

Ìý
444

Ìý
43,589

Ìý
Charges
Ìý
79,693

Ìý
15,643

Ìý
95,336

Ìý
Cash payments and settlements
Ìý
(35,530
)
Ìý
(4,917
)
Ìý
(40,447
)
Ìý
Adjustments to accruals
Ìý
(5,800
)
Ìý
100

Ìý
(5,700
)
Ìý
Currency translation
Ìý
(272
)
Ìý
(235
)
Ìý
(507
)
Ìý
Accrual at March 2019
Ìý
$
81,236

Ìý
$
11,035

Ìý
$
92,271

Ìý