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Restructuring Activities | 8 Months Ended
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Sep. 10, 2016
Restructuring Activities [Abstract] |
Restructuring Activities | RESTRUCTURING ACTIVITIES 2014 Plan On July 9, 2014, the Board of Directors of the Company approved a realignment of the Company’s consumer-direct operations (the “2014 Plan”). As a part of the 2014 Plan, the Company closed 136 retail stores, consolidated certain consumer-direct support functions and implemented certain other organizational changes. The Company completed the 2014 Plan during the first quarter of fiscal 2016. Costs incurred related to the 2014 Plan have been recorded within the Corporate category. The cumulative costs incurred is $49.5 million, with $6.5 million recorded in the restructuring costs line item as a component of cost of goods sold, and $43.0 million recorded in the restructuring and impairment costs line item as a component of operating expenses. Approximately $23.0 million represents non-cash charges. The Company expects annual pretax benefits of approximately $16.0 million as a result of the 2014 Plan. The Company estimates the majority of the remaining restructuring reserve will be settled during the remainder of fiscal 2016, with the exception of a lease liability that extends into 2019. The following is a summary of the activity during the 36 weeks ended September 10, 2016 and September 12, 2015, with respect to a reserve established by the Company in connection with the 2014 Plan, by category of costs.
(In millions) | Severance and employee related |  | Impairment of property and equipment |  | Costs associated with exit or disposal activities |  | Total
Balance at January 3, 2015 | $ | 1.0 |  |  | $ | — |  |  | $ | 6.5 |  |  | $ | 7.5 |
Restructuring and impairment costs | 1.8 |  |  | 0.3 |  |  | 0.4 |  |  | 2.5 |
Amounts paid | (1.9 | ) |  | — |  |  | (4.2 | ) |  | (6.1 | )
Charges against assets | — |  |  | (0.3 | ) |  | (1.8 | ) |  | (2.1 | )
Balance at September 12, 2015 | $ | 0.9 |  |  | $ | — |  |  | $ | 0.9 |  |  | $ | 1.8 |
Balance at January 2, 2016 | $ | 2.1 |  |  | $ | — |  |  | $ | 6.5 |  |  | $ | 8.6 |
Restructuring and impairment costs | 1.2 |  |  | 0.2 |  |  | 9.6 |  |  | 11.0 |
Amounts paid | (3.3 | ) |  | — |  |  | (5.7 | ) |  | (9.0 | )
Charges against assets | — |  |  | (0.2 | ) |  | (6.9 | ) |  | (7.1 | )
Balance at September 10, 2016 | $ | — |  |  | $ | — |  |  | $ | 3.5 |  |  | $ | 3.5 |
Other Restructuring Activities During the 36 weeks ended September 10, 2016, the Company recorded restructuring costs of $6.3 million in connection with certain organizational changes made during fiscal 2016. The costs associated with these restructuring activities were recorded within the Company’s Corporate category included in the restructuring and impairment costs line item as a component of operating expenses in the consolidated condensed statements of operations and comprehensive income. The Company estimates another $4.0 million to $5.0 million of costs will be incurred during the fourth quarter of fiscal 2016 to complete these organizational changes. During the 36 weeks ended September 10, 2016, the Company recorded restructuring costs of $0.3 million in connection with the Company’s decision to wind-down operations of its Cushe® brand. During the 36 weeks ended September 12, 2015, the Company recorded restructuring and impairment costs of $4.1 million related to its Cushe brand. These costs included $2.6 million related to indefinite-lived intangibles and $1.5 million in other restructuring costs. The Company recorded these costs within its Corporate category in the restructuring and impairment costs line item as a component of operating expenses in the consolidated condensed statements of operations and comprehensive income.

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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://www.xbrl.org/2003/role/presentationRef -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=27011515&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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=27011515&loc=d3e140864-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -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 + Details
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- Definition Restructuring Activities [Abstract] + References No definition available. + Details
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