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Note 9 - Plant Restructuring
3 Months Ended
Jul. 03, 2021
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]

9.

Plant Restructuring

 

The following table summarizes the rollforward of restructuring charges and related asset impairment charges recorded and the accruals established (in thousands):

 

  

Restructuring Payable

 
  

Severance

  

Other Costs

  

Total

 
             

Balance March 31, 2021

 $-  $-  $- 

First quarter charge

  -   66   66 

Cash payments/write offs

  -   (66)  (66)

Balance July 03, 2021

 $-  $-  $- 

 

  

Severance

  

Other Costs

  

Total

 
             

Balance March 31, 2020

 $202  $-  $202 

First quarter charge

  219   44   263 

Cash payments/write offs

  (203)  (44)  (247)

Balance June 27, 2020

 $218  $-  $218 

 

During the three months ended July 3, 2021, the Company recorded a restructuring charge of $0.1 million mostly related to health cost from a closed plant.

 

During the three months ended June 27, 2020, the Company recorded a restructuring charge of $0.3 million related to the closing of plants in the Northwest, of which $0.2 million was related to severance and $0.1 million was for lease impairments.