Schedule of Restructuring Reserve by Type of Cost |
The following summarizes the restructuring costs for the nine months ended December 26, 2015 and December 27, 2014: | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended December 26, 2015 | (In thousands) | | Restructuring Accrual Balance at March 28, 2015 | | Restructuring Costs Incurred | | Less Payments | | Less Non-Cash Adjustments | | Restructuring Accrual Balance at December 26, 2015 | Severance and other employee costs | | $ | 16,393 |
| | $ | 9,141 |
| | $ | (16,150 | ) | | $ | — |
| | $ | 9,384 |
| Other costs | | 219 |
| | 7,846 |
| | (7,188 | ) | | — |
| | 877 |
| Accelerated depreciation | | — |
| | 1,258 |
| | — |
| | (1,258 | ) | | — |
| Asset write-down | | — |
| | 4 |
| | — |
| | (4 | ) | | — |
| Total | | $ | 16,612 |
| | $ | 18,249 |
| | $ | (23,338 | ) | | $ | (1,262 | ) | | $ | 10,261 |
|
| | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended December 27, 2014 | (in thousands) | | Restructuring Accrual Balance at March 29, 2014 | | Restructuring Costs Incurred | | Less Payments | | Less Non-Cash Adjustments | | Restructuring Accrual Balance at December 27, 2014 | Severance and other employee costs | | $ | 22,908 |
| | $ | 15,633 |
| | $ | (21,785 | ) | | $ | — |
| | $ | 16,756 |
| Other costs | | 728 |
| | 12,044 |
| | (12,527 | ) | | — |
| | 245 |
| Accelerated depreciation | | — |
| | 1,158 |
| | — |
| | (1,158 | ) | | — |
| Asset write-down | | — |
| | 295 |
| | — |
| | (295 | ) | | — |
| | | $ | 23,636 |
| | $ | 29,130 |
| | $ | (34,312 | ) | | $ | (1,453 | ) | | $ | 17,001 |
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Schedule of Restructuring and Related Costs |
The table below presents transformation and restructuring costs recorded in cost of goods sold, research and development, selling, general and administrative expenses and interest and other expense in our Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income for the periods presented. | | | | | | | | | | | | | | | | | | Transformation costs | | Three Months Ended | | Nine Months Ended | (in thousands) | | December 26, 2015 | | December 27, 2014 | | December 26, 2015 | | December 27, 2014 | Transformation and other costs | | $ | (235 | ) | | $ | 5,892 |
| | $ | 6,774 |
| | $ | 20,877 |
| Accelerated depreciation | | 10 |
| | 351 |
| | 86 |
| | 769 |
| Asset disposal | | 18 |
| | 471 |
| | 18 |
| | 471 |
| Total | | $ | (207 | ) | | $ | 6,714 |
| | $ | 6,878 |
| | $ | 22,117 |
|
| | | | | | | | | | | | | | | | | | Restructuring costs | | Three Months Ended | | Nine Months Ended | (in thousands) | | December 26, 2015 | | December 27, 2014 | | December 26, 2015 | | December 27, 2014 | Severance and other employee costs | | $ | 1,181 |
| | $ | 2,887 |
| | $ | 9,141 |
| | $ | 15,633 |
| Other costs | | 2,270 |
| | 2,691 |
| | 7,846 |
| | 12,044 |
| Accelerated depreciation | | 415 |
| | 418 |
| | 1,258 |
| | 1,158 |
| Asset disposal | | — |
| | 199 |
| | 4 |
| | 295 |
| Total | | $ | 3,866 |
| | $ | 6,195 |
| | $ | 18,249 |
| | $ | 29,130 |
| | | | | | | | | | Total restructuring and transformation | | $ | 3,659 |
| | $ | 12,909 |
| | $ | 25,127 |
| | $ | 51,247 |
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