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Lands' End Japan Closing | 9 Months Ended
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Oct. 28, 2022
Restructuring And Related Activities [Abstract] |
Lands' End Japan Closing | NOTE 9. LANDS’ END JAPAN CLOSING In July 2022, the Board of Directors approved a plan to cease operations of Lands’ End Japan KK, a subsidiary of Lands’ End, Inc. (“LE Japan”) by the end of Fiscal 2022. LE Japan comprises the Japan eCommerce operating segment. For a discussion of this operating segment, see Note 13, Segment Reporting. The closing and subsequent disposal of the assets does not represent a strategic shift with a major effect on the consolidated financial condition. Accordingly, the closing of LE Japan was not presented in the Condensed Consolidated Financial Statements as discontinued operations. In August 2022, the Company notified all employees of the closing and commenced closing activities. Liquidation sales began in the month of September 2022. The Company recorded estimated one-time closing costs for employee severance and benefit costs, early termination and restoration costs of lease facilities and contract cancellation and other costs. The following table summarizes the estimated closing costs of LE Japan recognized in Other operating expense, net in the Condensed Consolidated Statement of Operations for the 13 weeks and 39 weeks ended October 28, 2022.
|  | 13 Weeks Ended |  |  | 39 Weeks Ended |
(in thousands) |  | October 28, 2022 |  |  | October 29, 2021 |  |  | October 28, 2022 |  |  | October 29, 2021 |
Employee severance and benefit costs |  | $ | 1,693 |  |  | $ | — |  |  | $ | 1,693 |  |  | $ | — |
Early termination and restoration costs of leased facilities |  |  | 867 |  |  |  | — |  |  |  | 867 |  |  |  | — |
Contract cancellation and other costs |  |  | 416 |  |  |  | — |  |  |  | 416 |  |  |  | — |
Total estimated costs |  | $ | 2,976 |  |  | $ | — |  |  | $ | 2,976 |  |  | $ | — |
The following table summarizes accrued closing cost activity related to LE Japan:
(in thousands) |  | Employee Severance and Benefit Costs |  |  | Leased Facilities Costs |  |  | Other Closing Costs |  |  | Total |
Balance as of July 29, 2022 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Estimated costs payable in cash |  |  | 2,709 |  |  |  | 872 |  |  |  | 418 |  |  |  | 3,999 |
Cash payments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Foreign currency translation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance as of October 28, 2022 |  | $ | 2,709 |  |  | $ | 872 |  |  | $ | 418 |  |  | $ | 3,999 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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