XML 44 R37.htm IDEA: XBRL DOCUMENT
v3.25.2

Restructuring Activities (Tables) | 3 Months Ended
--- | ---
Aug. 03, 2025
Restructuring and Related Activities [Abstract] |
Summary of Restructuring Expense and Restructuring Related Charges | The following summarizes restructuring and restructuring related charges associated with the above announcements for the three month periods ended August 3, 2025 and July 28, 2024:
|  | Three Months Ended |  |  | Three Months Ended |
(dollars in thousands) |  | August 3, 2025 |  |  | July 28, 2024 |
Additional depreciation expense for shortened useful lives |  | $ | 22 |  |  | $ | 875 |
Employee termination benefits |  |  | (4 | ) |  |  | 689 |
Lease Termination Costs |  |  | 62 |  |  |  | 670 |
Facility consolidation and relocation expenses |  |  | 52 |  |  |  | 251 |
Net (gain) loss on sale and impairment of property, plant, and equipment |  |  | (3,747 | ) |  |  | 95 |
Other Associated Costs |  |  | 107 |  |  |  | 51 |
Loss on disposal and markdowns of inventory |  |  | — |  |  |  | 116 |
Restructuring (credit) expense and restructuring related charge (1) (2) |  | $ | (3,508 | ) |  | $ | 2,747 |
(1) The total $3.5 million credit was classified within restructuring credit in the Consolidated Statement of Net Loss for the three-month period ended August 3, 2025. The $3.5 million restructuring credit mostly related to the bedding segment. (2) Of the total $2.7 million restructuring and restructuring related charges, $2.6 million and $116,000 were classified within restructuring expense and cost of sales, respectively, in the Consolidated Statement of Net Loss for the three month period ended July 28, 2024. The $2.7 million expense mostly related to the bedding fabrics segment.
Summary of Activity in Accrued Restructuring | The following summarizes accrued restructuring costs for the three-month period ended August 3, 2025:
|  | Employee |  |  | Other |  |  | Facility Consolidation |  |  |  |
|  | Termination |  |  | Associated |  |  | and Relocation |  |  |  |
(dollars in thousands) |  | Benefits |  |  | Costs |  |  | Costs |  |  | Total |
Beginning balance |  | $ | 522 |  |  | $ | 88 |  |  | $ | — |  |  | $ | 610 |
Expenses incurred |  |  | — |  |  |  | 84 |  |  |  | 52 |  |  |  | 136 |
Change in estimate adjustments |  |  | (4 | ) |  |  | 23 |  |  |  | — |  |  |  | 19 |
Payments |  |  | (446 | ) |  |  | (163 | ) |  |  | (52 | ) |  |  | (661 | )
Foreign currency exchange remeasurement |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Ending Balance |  | $ | 72 |  |  | $ | 33 |  |  | $ | — |  |  | $ | 105 |
The following summarizes accrued restructuring costs for the three-month period ended July 28, 2024:
|  | Employee |  |  | Other |  |  | Facility Consolidation |  |  |  |
|  | Termination |  |  | Associated |  |  | and Relocation |  |  |  |
(dollars in thousands) |  | Benefits |  |  | Costs |  |  | Costs |  |  | Total |
Beginning balance (1) |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | 3 |
Expenses incurred |  |  | 689 |  |  |  | 302 |  |  |  | — |  |  |  | 991 |
Payments |  |  | (72 | ) |  |  | (282 | ) |  |  | — |  |  |  | (354 | )
Foreign currency exchange remeasurement |  |  | (7 | ) |  |  | — |  |  |  | — |  |  |  | (7 | )
Ending Balance |  | $ | 610 |  |  | $ | 23 |  |  | $ | — |  |  | $ | 633 |
(1) Accrued restructuring expense of $3,000 was reported within accrued expenses in the Consolidated Balance Sheet for the period ended April 28, 2024.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration