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2019 Upholstery Fabrics Restructuring Plan (Tables)
 12 Months Ended
May 03, 2020
Restructuring And Related Activities [Abstract]  
Summary Restructuring Credit and Related Charges Associated With 2019 Upholstery Fabrics Restructuring Plan

The following summarizes our restructuring credit and related charges that were associated with this restructuring plan described above:

 

(dollars in thousands)

 

2020

 

 

2019

 

Inventory markdowns

 

$

—

 

 

$

1,564

 

Other operating costs associated with a closed facility

 

 

—

 

 

 

824

 

Employee termination benefits

 

 

(70

)

 

 

661

 

Gain on sale of property, plant, and equipment

 

 

—

 

 

 

(1,486

)

Restructuring credit and restructuring related charges (1) (2)

 

$

(70

)

 

$

1,563

 

 

(1)

The $70,000 credit was recorded to restructuring credit in the accompanying fiscal 2020 Consolidated Statement of Net Loss.

(2)

Of the total net charge, a $2.3 million charge, a charge of $40,000, and a credit of $825,000 were recorded in cost of sales, selling, general and administrative expenses, and restructuring credit, respectively, in the accompanying fiscal 2019 Consolidated Statement of Net Income.
Summary of Activity in Restructuring Accrual

The following summarizes the activity in the restructuring accrual:

 

(dollars in thousands)

 

2020

 

 

2019

 

Beginning balance

 

$

124

 

 

$

—

 

Accrual established in fiscal 2019

 

 

—

 

 

 

451

 

Payments

 

 

(54

)

 

 

(538

)

Adjustments

 

 

(70

)

 

 

211

 

Ending balance

 

$

—

 

 

$

124