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RESTRUCTURING-RELATED ACTIVITIES | 9 Months Ended
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Sep. 30, 2018
Restructuring and Related Activities [Abstract] |
RESTRUCTURING-RELATED ACTIVITIES | RESTRUCTURING-RELATED ACTIVITIES During 2017, the Company initiated a restructuring initiative to capitalize on cost-saving opportunities within its GNP operations located in Luverne, Minnesota and St. Cloud, Minnesota. Implementation of the initiative is expected to result in total pre-tax charges of approximately $7.0 million, and approximately $5.4 million of these charges are estimated to result in cash outlays. These activities were initiated in the first quarter of 2017 and are expected to be substantially completed by the second quarter of 2020. During 2018, the Company elected to close its 40 North Foods product incubator operation located in Boulder, Colorado. Implementation of this restructuring initiative is expected to result in total pre-tax charges of approximately $0.7 million, and approximately $0.6 million of these charges are estimated to result in cash outlays. These activities were initiated in the second quarter of 2018 and are expected to be substantially completed by the third quarter of 2019. The following table provides a summary of our estimates of costs associated with these restructuring initiatives by major type of cost:
| GNP |  | 40 North Foods |  | Total Estimated Amount Expected to be Incurred
| (In thousands)
Employee termination benefits | $ | 4,074 |  |  | $ | 449 |  |  | $ | 4,523 |
Inventory adjustments | 472 |  |  | — |  |  | 472 |
Asset impairments | 470 |  |  | 103 |  |  | 573 |
Other charges(a) | 1,983 |  |  | 150 |  |  | 2,133 |
Total estimated cost | $ | 6,999 |  |  | $ | 702 |  |  | $ | 7,701 |
(a) | Comprised of other costs directly related to the restructuring initiatives, including prepaid software impairment, St. Cloud, Minnesota office lease costs, Luverne, Minnesota plant closure costs, and Boulder, Colorado office lease costs.
During the thirteen and thirty-nine weeks ended September 30, 2018, the Company recognized the following costs and incurred the following cash outlays related to these restructuring initiatives:
| Thirteen Weeks Ended September 30, 2018 |  | Thirty-Nine Weeks Ended September 30, 2018
| Expenses |  | Cash Outlay |  | Expenses |  | Cash Outlay
| (In thousands)
GNP initiative: |  |  |  |  |  |  |
Employee termination benefits | $ | (43 | ) |  | $ | 272 |  |  | $ | 936 |  |  | $ | 1,437 |
Inventory adjustments | — |  |  | — |  |  | (227 | ) |  | — |
Asset impairments | 311 |  |  | — |  |  | 781 |  |  | — |
Other charges | — |  |  | — |  |  | — |  |  | 65 |
| 268 |  |  | 272 |  |  | 1,490 |  |  | 1,502 |
40 North Foods initiative: |  |  |  |  |  |  |
Employee termination benefits | — |  |  | 38 |  |  | 449 |  |  | 443 |
Asset impairments | — |  |  | — |  |  | 103 |  |  | — |
Other | (11 | ) |  | 17 |  |  | 139 |  |  | 26 |
| (11 | ) |  | 55 |  |  | 691 |  |  | 469 |
Total | $ | 257 |  |  | $ | 327 |  |  | $ | 2,181 |  |  | $ | 1,971 |
These expenses are reported in the line item Administrative restructuring charges on the Condensed Consolidated and Combined Statements of Income and are recognized in the U.S. segment. The following table reconciles liabilities and reserves associated with this restructuring initiative from the beginning to the end of the thirty-nine weeks ended September 30, 2018. Ending liability balances for employee termination benefits and other charges are reported in the line item Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets. The ending reserve balance for inventory adjustments is reported in the line item Inventories in the Condensed Consolidated Balance Sheets.
| GNP Initiative |  | 40 North Foods Initiative
| Employee Termination Benefits |  | Inventory Adjustments |  | Other Charges |  | Total |  | Employee Termination Benefits |  | Other Charges |  | Total
| (In thousands)
Beginning liability or reserve | $ | 800 |  |  | $ | 699 |  |  | $ | 752 |  |  | $ | 2,251 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Restructuring charges | 936 |  |  | (227 | ) |  | 76 |  |  | 785 |  |  | 449 |  |  | 139 |  |  | 588 |
Payments and disposals | (1,437 | ) |  | (472 | ) |  | (735 | ) |  | (2,644 | ) |  | (443 | ) |  | (26 | ) |  | (469 | )
Ending liability or reserve | $ | 299 |  |  | $ | — |  |  | $ | 93 |  |  | $ | 392 |  |  | $ | 6 |  |  | $ | 113 |  |  | $ | 119 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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