XML 50 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

RESTRUCTURING | 12 Months Ended
--- | ---
Dec. 30, 2017
Restructuring and Related Activities [Abstract] |
RESTRUCTURING | RESTRUCTURING The Company typically incurs restructuring costs related to the cost optimization of ongoing business activities and the integration of acquired businesses. Of the $27.0 million of restructuring charges recognized in 2017, $20.2 million were reflected in selling, general and administrative expenses and $6.8 million in cost of goods sold. Of the $55.1 million of restructuring charges recognized in 2016, $31.8 million were reflected in selling, general and administrative expenses and $23.3 million in cost of goods sold. The Company did not recognize significant incremental costs relating to the 2016 actions during 2017, and has completed most of the related restructuring activities as of December 2017. Of the $38.2 million total restructuring accrual at December 2017, $27.2 million is expected to be paid out within the next 12 months and is classified within accrued liabilities. The remaining $11.0 million will be paid out beyond the next 12 months and thus is classified within other liabilities. The components of the restructuring charges in 2017 and 2016 are as follows:
(In thousands) |  | 2017 Charges |  |  | 2016 Charges
Severance and employee-related benefits |  | $ | 22,611 |  |  |  | $ | 50,395 |
Asset impairments |  | — |  |  |  | 3,394 |
Other |  | 4,436 |  |  |  | 1,310 |
Total restructuring charges |  | $ | 27,047 |  |  |  | $ | 55,099 |
Restructuring costs by business segment are as follows:
(In thousands) |  | 2017 Charges |  |  | 2016 Charges
Outdoor & Action Sports |  | $ | 12,793 |  |  |  | $ | 18,083 |
Jeanswear |  | 6,993 |  |  |  | 20,357 |
Imagewear |  | 3,895 |  |  |  | 1,308 |
Other |  | — |  |  |  | 1,277 |
Corporate |  | 3,366 |  |  |  | 14,074 |
Total |  | $ | 27,047 |  |  |  | $ | 55,099 |
The activity in the restructuring accrual for December 2017 and 2016 is as follows:
(In thousands) |  | Severance |  | Other |  | Total
Accrual at December 2015 |  | $ | — |  |  | $ | — |  |  | $ | — |
Charges |  | 50,395 |  |  | 1,310 |  |  | 51,705 |
Cash payments |  | (667 | ) |  | (432 | ) |  | (1,099 | )
Accrual at December 2016 |  | 49,728 |  |  | 878 |  |  | 50,606 |
Charges |  | 22,611 |  |  | 4,436 |  |  | 27,047 |
Cash payments |  | (37,349 | ) |  | (878 | ) |  | (38,227 | )
Adjustments to accruals |  | (2,783 | ) |  | — |  |  | (2,783 | )
Currency translation |  | 1,601 |  |  | — |  |  | 1,601 |
Accrual at December 2017 |  | $ | 33,808 |  |  | $ | 4,436 |  |  | $ | 38,244 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration