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RESTRUCTURING | 9 Months Ended
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Sep. 28, 2019
Restructuring and Related Activities [Abstract] |
RESTRUCTURING | RESTRUCTURING T he Company typically incurs restructuring charges related to cost optimization of business activities. Of the $24.6 million of restructuring charges recognized during the nine months ended September 2019, the Company recognized $13.8 million within "selling, general and administrative expenses" and $10.8 million within "cost of goods sold" in the statements of income. The Company incurred incremental costs of $1.6 million related to the previously approved initiatives during the nine months ended September 2019. All of the $5.8 million total restructuring accrual reported in the Company's balance sheet at September 2019 is expected to be paid out within the next 12 months and is classified within "accrued liabilities." The following table presents components of the restructuring charges for previously approved initiatives:
(in thousands) |  | Three Months Ended September 2019 |  | Nine Months Ended September 2019 |
Severance and employee-related benefits |  | $ | — |  |  | $ | 14,903 |  |
Asset impairments |  | — |  |  | 1,596 |  |
Inventory write-downs |  | — |  |  | 4,403 |  |
Other |  | — |  |  | 3,660 |  |
Total restructuring charges |  | $ | — |  |  | $ | 24,562 |  |
The following table presents restructuring costs by business segment for previously approved initiatives:
(in thousands) |  | Three Months Ended September 2019 |  | Nine Months Ended September 2019 |
Wrangler |  | $ | — |  |  | $ | 17,613 |  |
Lee |  | — |  |  | 6,685 |  |
Other |  | — |  |  | 264 |  |
Total |  | $ | — |  |  | $ | 24,562 |  |
The following table presents activity in the restructuring accrual for the nine-month period ended September 2019:
(in thousands) | Severance |  | Other |  | Total |
Accrual at December 2018 | $ | 23,249 |  |  | $ | — |  |  | $ | 23,249 |  |
Charges | 14,903 |  |  | 3,660 |  |  | 18,563 |  |
Cash payments | (27,573 | ) |  | (839 | ) |  | (28,412 | ) |
Adjustments to accruals | 1,641 |  |  | — |  |  | 1,641 |  |
Currency translation | (58 | ) |  | (197 | ) |  | (255 | ) |
Adjustment at Separation | (6,384 | ) |  | (2,624 | ) |  | (9,008 | ) |
Accrual at September 2019 | $ | 5,778 |  |  | $ | — |  |  | $ | 5,778 |  |

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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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