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RESTRUCTURING (Tables) | 12 Months Ended
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Apr. 02, 2022
Restructuring and Related Activities [Abstract] |
Components of Restructuring Charges | The components of the restructuring charges are as follows:
|  | Year Ended March
(In thousands) |  | 2022 |  |  | 2021 |  | 2020
Severance and employee-related benefits |  | $ | 12,283 |  |  |  | $ | 64,972 |  |  | $ | 21,899 |
Asset impairments |  | — |  |  |  | 23,087 |  |  | 5,211 |
Accelerated depreciation |  | 7,016 |  |  |  | 11,266 |  |  | — |
Inventory write-downs |  | — |  |  |  | 10,658 |  |  | 1,119 |
Contract termination and other |  | 703 |  |  |  | 9,023 |  |  | 3,618 |
Total restructuring charges |  | $ | 20,002 |  |  |  | $ | 119,006 |  |  | $ | 31,847 |
Restructuring costs by business segment are as follows:
|  | Year Ended March
(In thousands) |  | 2022 |  |  | 2021 |  | 2020
Outdoor |  | $ | 4,523 |  |  |  | $ | 14,081 |  |  | $ | 7,094 |
Active |  | 1,008 |  |  |  | 20,958 |  |  | 3,210 |
Work |  | 2,315 |  |  |  | 31,907 |  |  | 2,193 |
Other |  | 12,156 |  |  |  | 52,060 |  |  | 19,350 |
Total |  | $ | 20,002 |  |  |  | $ | 119,006 |  |  | $ | 31,847 |
Activity in Restructuring Accrual | The activity in the restructuring accrual is as follows:
(In thousands) |  | Severance |  | Other |  | Total |
Accrual at March 2020 |  | $ | 38,052 |  |  | $ | 2,888 |  |  | $ | 40,940 |  |
Charges |  | 64,972 |  |  | 9,393 |  |  | 74,365 |  |
Cash payments and settlements |  | (46,258) |  |  | (4,285) |  |  | (50,543) |  |
Adjustments to accruals |  | 3,206 |  |  | (1,218) |  |  | 1,988 |  |
Impact of foreign currency |  | (162) |  |  | 166 |  |  | 4 |  |
Accrual at March 2021 |  | 59,810 |  |  | 6,944 |  |  | 66,754 |  |
Charges |  | 12,283 |  |  | 703 |  |  | 12,986 |  |
Cash payments and settlements |  | (43,886) |  |  | (5,694) |  |  | (49,580) |  |
Adjustments to accruals |  | (2,320) |  |  | (647) |  |  | (2,967) |  |
Impact of foreign currency |  | (247) |  |  | (95) |  |  | (342) |  |
Accrual at March 2022 |  | $ | 25,640 |  |  | $ | 1,211 |  |  | $ | 26,851 |  |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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