The Company typically incurs restructuring charges related to strategic initiatives and cost optimization of business activities, primarily related to severance and employee-related benefits. During the three months ended June 2020, VF recognized $22.5 million of restructuring charges related to approved restructuring initiatives. Of the $22.5 million of restructuring charges recognized in the three months ended June 2020, $8.5 million were reflected in selling, general and administrative expenses and $14.0 million in cost of goods sold. The Company

has not recognized any significant incremental costs related to accruals for the year ended March 2020 or prior periods.

Of the $49.9 million total restructuring accrual at June 2020, $49.6 million is expected to be paid out within the next 12 months and is classified within accrued liabilities. The remaining $0.3 million will be paid out beyond the next 12 months and thus is classified within other liabilities.

The components of the restructuring charges are as follows:


	Three Months Ended June

(In thousands)	2020		2019
Severance and employee-related benefits	$	18,509	$	2,224
Accelerated depreciation	3,807		—
Contract termination and other	141		2,121
Total restructuring charges	$	22,457	$	4,345

Restructuring costs by business segment are as follows:


	Three Months Ended June

(In thousands)	2020		2019
Outdoor	$	4,750	$	4,215
Active	370		20
Work	429		110

Corporate and other	16,908		—
Total	$	22,457	$	4,345

The activity in the restructuring accrual for the three-month period ended June 2020 was as follows:


(In thousands)	Severance		Other		Total
Accrual at March 2020	$	38,052	$	2,888	$	40,940
Charges	18,509		141		18,650
Cash payments	(8,806)		(421)		(9,227)
Adjustments to accruals	173		—		173
Impact of foreign currency	(639)		34		(605)
Accrual at June 2020	$	47,289	$	2,642	$	49,931