Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.23.2
RESTRUCTURING (Tables)
3 Months Ended
Jul. 01, 2023
Restructuring and Related Activities [Abstract]  
Schedule of Activity in Restructuring
The components of the restructuring charges are as follows:
Three Months Ended June
(In thousands) 2023 2022
Severance and employee-related benefits $ 676  $ 2,094 
Accelerated depreciation —  3,668 
Contract termination and other 19  344 
Total restructuring charges $ 695  $ 6,106 
Restructuring costs by business segment are as follows:
Three Months Ended June
(In thousands) 2023 2022
Outdoor $ 242  $ — 
Active 434  — 
Work —  — 
Corporate and other 19  6,106 
Total $ 695  $ 6,106 
The activity in the restructuring accrual for the three-month period ended June 2023 was as follows:
(In thousands) Severance Other Total
Accrual at March 2023 $ 38,721  $ 6,545  $ 45,266 
Charges 676  —  676 
Cash payments and settlements (9,305) (4,041) (13,346)
Adjustments to accruals (1,587) (585) (2,172)
Impact of foreign currency 15  16  31 
Accrual at June 2023 $ 28,520  $ 1,935  $ 30,455