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Restructuring Activities
 9 Months Ended
Sep. 26, 2021
Restructuring and Related Activities [Abstract]  
Restructuring Activities Restructuring Activities
The Company's restructuring activities are included in Restructuring expense on the Consolidated statements of operations.
In 2020, the Company initiated restructuring activities including a workforce reduction, the termination of certain current and future products, facility changes, optimizing its global independent dealer network, exiting certain international markets, and discontinuing its sales and manufacturing operations in India. The workforce reduction resulted in the termination of approximately 500 employees. In addition, the India action resulted in the termination of approximately 70 employees.
Since the inception of the restructuring activities in 2020 through the nine months ended September 26, 2021, the Company has incurred cumulative restructuring expenses of $131.2 million. This includes restructuring expense by segment as follows (in thousands):
Three months endedNine months ended
September 26,
2021		September 27,
2020		September 26,
2021		September 27,
2020
Motorcycles and Related Products$517 $43,581 $731 $84,586 
Financial Services98 334 436 1,278 
$615 $43,915 $1,167 $85,864 
The Company expects total estimated restructuring expenses of approximately $135 million, including approximately $123 million and $12 million expected to be in incurred in the Motorcycles and Financial Services segments, respectively. Total expected restructuring expenses include approximately $30 million related to employee termination benefits, $75 million related to contract termination and other costs and $30 million related to non-current asset adjustments, including accelerated depreciation and other adjustments to the carrying value of non-current assets. The Company expects to incur estimated restructuring expenses of approximately $5 million in 2021.
Changes in accrued restructuring expenses, which are included in Accrued liabilities on the Consolidated balance sheets, were as follows (in thousands):
Three months ended September 26, 2021
Employee Termination BenefitsContract Terminations
& Other		Non-Current Asset AdjustmentsTotal
Balance, beginning of period$1,246 $2,084 $— $3,330 
Restructuring (benefit) expense(165)807 (27)615 
Utilized – cash
(397)(1,197)— (1,594)
Utilized – non cash
— — 27 27 
Foreign currency changes(7)(21)— (28)
Balance, end of period$677 $1,673 

$— $2,350 
Three months ended September 27, 2020
Employee Termination BenefitsContract Terminations
& Other		Non-Current Asset AdjustmentsTotal
Balance, beginning of period$25,298 $14,270 $— $39,568 
Restructuring expense4,493 23,422 16,000 43,915 
Utilized – cash
(11,940)(5,899)— (17,839)
Utilized – non cash
— — (16,000)(16,000)
Foreign currency changes166 (54)— 112 
Balance, end of period$18,017 $31,739 

$— $49,756 
Nine months ended September 26, 2021
Employee Termination BenefitsContract Terminations
& Other		Non-Current Asset AdjustmentsTotal
Balance, beginning of period$7,724 $16,196 $— $23,920 
Restructuring (benefit) expense(1,131)2,576 (278)1,167 
Utilized – cash
(5,743)(16,987)— (22,730)
Utilized – non cash
— — 278 278 
Foreign currency changes(173)(112)— (285)
Balance, end of period$677 $1,673 

$— $2,350 
Nine months ended September 27, 2020
Employee Termination BenefitsContract Terminations
& Other		Non-Current Asset AdjustmentsTotal
Balance, beginning of period$— $— $— $— 
Restructuring expense29,814 37,692 18,358 85,864 
Utilized – cash
(11,940)(5,899)— (17,839)
Utilized – non cash
— — (18,358)(18,358)
Foreign currency changes143 (54)— 89 
Balance, end of period$18,017 $31,739 

$— $49,756