Restructuring and Impairment Charges

12 Months Ended

Oct. 03, 2020

Restructuring and Related Activities [Abstract]

During fiscal 2020, the Company recorded $6.0 million of restructuring and impairment charges in the Company's AMER segment primarily related to the closure of our Boulder Design Center. During fiscal 2019, the Company recorded $1.7 million of restructuring and impairment charges in the Company's AMER segment. These charges are recorded within restructuring and impairment charges on the Consolidated Statements of Comprehensive Income. Restructuring liabilities are recorded within other accrued liabilities on the Consolidated Balance Sheets. The Company incurred no restructuring and impairment charges during fiscal 2018.

The Company recognized a tax benefit of $0.6 million and $0.2 million related to restructuring and impairment charges in fiscal 2020 and fiscal 2019, respectively. No income tax benefit was recognized in fiscal 2018.

The Company's restructuring accrual activity for the years ended October 3, 2020 and September 28, 2019 is included in the table below (in thousands):


	Fixed Asset and Operating Right-of-Use Asset Impairment		Employee Termination and Severance Costs		Total
Accrual balance, as of September 29, 2018	$	—	$	—	$	—
Restructuring and impairment costs	—		1,678		1,678
Amounts utilized	—		(381)		(381)
Accrual balance, as of September 28, 2019	$	—	$	1,297	$	1,297
Restructuring and impairment costs	3,054		2,949		6,003
Amounts utilized	(3,054)		(4,210)		(7,264)
Accrual balance, as of October 3, 2020	$	—	$	36	$	36