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Note 6 - Restructuring | 3 Months Ended
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Apr. 02, 2022
Notes to Financial Statements |
Restructuring and Related Activities Disclosure [Text Block] | Note 6 - Restructuring Under the Q1 2020 Plan, which is described in the 2021 10-K, we recorded a credit adjustment of approximately $0.1 million during the first quarter of fiscal 2022 and we recorded no expense during the first quarter of fiscal 2021. Approximately $2.1 million of total expense has been incurred through April 2, 2022 under the Q1 2020 Plan. Substantially all actions planned under the Q1 2020 Plan have been implemented. Under the June 2017 Plan, which is described in the 2021 10-K, we incurred restructuring expense related to our partially vacated facility in San Jose, California of approximately $0.2 million during the first quarter of both fiscal 2022 and 2021. We have incurred approximately $21.8 million of total expense through April 2, 2022 under the June 2017 Plan, and all planned actions have been implemented. We expect the total cost of the June 2017 Plan to be approximately $22.0 million to $23.5 million as ROU asset amortization expenses related to our partially vacated facility in San Jose, California will be incurred over the remaining lease term. These expenses were recorded to Restructuring charges on our Consolidated Statements of Operations. The restructuring accrual balance is presented in Accrued expenses and in Other long-term liabilities on our Consolidated Balance Sheets. The following table displays the activity related to our restructuring plans:
(In thousands) |  | Severance & Related (1) |  |  | Lease Termination & Fixed Assets |  |  | Other (2) |  |  | Total |
Accrued Restructuring at January 1, 2022 |  | $ | 251 |  |  | $ | 7,130 |  |  | $ | — |  |  | $ | 7,381 |
Restructuring charges |  |  | (97 | ) |  |  | 151 |  |  |  | — |  |  |  | 54 |
Costs paid or otherwise settled |  |  | (138 | ) |  |  | (445 | ) |  |  | — |  |  |  | (583 | )
Accrued Restructuring at April 2, 2022 |  | $ | 16 |  |  | $ | 6,836 |  |  | $ | — |  |  | $ | 6,852 |
Accrued Restructuring at January 2, 2021 |  | $ | 246 |  |  | $ | 8,233 |  |  | $ | 664 |  |  | $ | 9,143 |
Restructuring charges |  |  | — |  |  |  | 176 |  |  |  | — |  |  |  | 176 |
Costs paid or otherwise settled |  |  | (9 | ) |  |  | (439 | ) |  |  | (656 | ) |  |  | (1,104 | )
Accrued Restructuring at April 3, 2021 |  | $ | 237 |  |  | $ | 7,970 |  |  | $ | 8 |  |  | $ | 8,215 |
(1) | Includes employee relocation and outplacement costs
(2) | Includes termination fees on the cancellation of certain contracts under previous restructuring plans

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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