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RESTRUCTURING ACTIVITIES | 9 Months Ended
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Sep. 29, 2019
Restructuring and Related Activities [Abstract] |
RESTRUCTURING ACTIVITIES | RESTRUCTURING ACTIVITIES In 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 $0.6 million, and approximately $0.5 million of these charges are estimated to result in cash outlays. These activities were initiated in the second quarter of 2018 and were substantially completed in the third quarter in 2019. In 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 $6.2 million, and approximately $4.3 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. The following table provides a summary of our estimates of net costs associated with these restructuring initiatives by major type of cost:
Type of Cost | 40 North Foods |  | GNP |  | Total Estimated Amount Expected to be Incurred
| (In thousands)
Employee termination benefits | $ | 449 |  |  | $ | 4,224 |  |  | $ | 4,673 |
Inventory adjustments | — |  |  | 472 |  |  | 472 |
Asset impairments | 103 |  |  | 781 |  |  | 884 |
Other, net(a) | 18 |  |  | 736 |  |  | 754 |
Total estimated costs, net | $ | 570 |  |  | $ | 6,213 |  |  | $ | 6,783 |
(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 and sublease income.
During the thirteen and thirty-nine weeks ended September 29, 2019, the Company recognized the following expenses (income) and paid (received) the following cash related to each restructuring initiative:
| Thirteen Weeks Ended September 29, 2019 |  | Thirty-Nine Weeks Ended September 29, 2019
| Expenses (Income) |  | Cash Outlays (Receipts) |  | Expenses (Income) |  | Cash Outlays (Receipts)
| (In thousands)
40 North Foods - Other, net | $ | (20 | ) |  | $ | 8 |  |  | $ | (90 | ) |  | $ | (6 | )
GNP - Employee termination benefits | — |  |  | 15 |  |  | — |  |  | 68 |
| $ | (20 | ) |  | $ | 23 |  |  | $ | (90 | ) |  | $ | 62 |
The expenses (income) are reported in the line item Administrative restructuring activities on the Condensed Consolidated Statements of Income and are recognized in the U.S. segment. The following table reconciles liabilities and reserves associated with each restructuring initiative from initiative inception to September 29, 2019. 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 impairments is reported in the line item Inventories in our Condensed Consolidated Balance Sheets.
| 40 North Foods |  | GNP
| Employee Termination Benefits |  | Other, Net |  | Total |  | Employee Termination Benefits |  | Inventory Impairments |  | Other, Net |  | Total
| (In thousands)
Restructuring charges incurred | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3,381 |  |  | $ | 699 |  |  | $ | 752 |  |  | $ | 4,832 |
Cash payments and disposals | — |  |  | — |  |  | — |  |  | (2,581 | ) |  | — |  |  | — |  |  | (2,581 | )
Liability or reserve at December 31, 2017 | — |  |  | — |  |  | — |  |  | 800 |  |  | 699 |  |  | 752 |  |  | 2,251 |
Restructuring charges incurred | 449 |  |  | 150 |  |  | 599 |  |  | 936 |  |  | (227 | ) |  | (17 | ) |  | 692 |
Restructuring income recognized | — |  |  | (35 | ) |  | (35 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash payments and disposals | (449 | ) |  | (65 | ) |  | (514 | ) |  | (1,500 | ) |  | (472 | ) |  | (735 | ) |  | (2,707 | )
Cash received | — |  |  | 36 |  |  | 36 |  |  | — |  |  | — |  |  | — |  |  | — |
Liability or reserve at December 30, 2018 | — |  |  | 86 |  |  | 86 |  |  | 236 |  |  | — |  |  | — |  |  | 236 |
Restructuring income recognized | — |  |  | (90 | ) |  | (90 | ) |  | — |  |  | — |  |  | — |  |  | — |
Cash payments and disposals | — |  |  | (83 | ) |  | (83 | ) |  | (69 | ) |  | — |  |  | — |  |  | (69 | )
Cash received | — |  |  | 90 |  |  | 90 |  |  | — |  |  | — |  |  | — |  |  | — |
Liability or reserve at September 29, 2019 | $ | — |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | 167 |  |  | $ | — |  |  | $ | — |  |  | $ | 167 |

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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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