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Subsequent Events
9 Months Ended
Sep. 07, 2013
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS
On October 4, 2013, the Board of Directors of the Company approved a plan to restructure its Dominican Republic manufacturing operations in a manner intended to lower the Company’s cost of sourced goods, as described below (the “Restructuring Plan”). The Company intends to close a manufacturing facility in the Dominican Republic and is evaluating strategic alternatives with respect to a second manufacturing facility in the Dominican Republic. As a result of this Restructuring Plan, the Company will incur charges relating to the disposal of property and equipment, write down of inventory that will no longer be used in the Company's production process, and severance costs to be paid to employees. The range of charges is currently estimated to be between $7.0 million and $10.4 million. The Company expects to complete the Restructuring Plan in fiscal 2014 with the majority of costs incurred in the fourth quarter of fiscal 2013.
See Note 5 for a description of the Company's amendment to the New Credit Agreement completed on October 10, 2013.