RESTRUCTURING

The Company has implemented a restructuring program to streamline its international operations and functions as well as consolidating its organization structure to achieve our cost-reduction, productivity and efficiency initiatives. The accrued cost as at December 31, 2016 will be paid between fiscal 2017 and fiscal 2018.

The following table is a summary of activity related to the Company’s restructuring and other charges for the three months ended December 31, 2016 and January 2, 2016:



	Three months ended
	December 31, 2016
(in thousands)	Beginning of period ⁽¹⁾		Expenses ⁽²⁾		Payments			End of period ⁽¹⁾
Severance and benefits	$	37	$	—	$	(37	)	$	—
Other exit costs	6,525		—		(2,892		)	3,633
	6,562		—		(2,929		)	3,633



	Three months ended
	January 2, 2016
(in thousands)	Beginning of period ⁽¹⁾		Expenses ⁽²⁾		Payments			End of period ⁽¹⁾
Severance and benefits	$	1,538	$	615	$	(1,488	)	$	665


(1)	Included within accrued expenses and other current liabilities on the Consolidated Condensed Balance Sheets.


(2)	Provision for severance and benefits and other exit costs are included within selling, general and administrative expenses on the Consolidated Condensed Statements of Operations.