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Restructuring Plans
 3 Months Ended
May 05, 2018
Restructuring Plans  
Restructuring Plans

7.           Restructuring Plans

The Company incurred restructuring charges in Fiscal 2018 and Fiscal 2017 related to the Hi-Tec Acquisition and its integration into the Company’s ongoing operations (the “Hi-Tec Plan”), including $0.1 million of severance costs in the three months ended April 29, 2017.  In addition, restructuring charges were incurred in the fourth quarter of Fiscal 2018 as the Company’s staff was realigned to appropriately support its current business (the “Cherokee Global Brands Plan”). 

Payments against the restructuring plan obligations were as follows:

 

 

 

 

 

 

 

 

 

Cherokee Global

 

 

 

(In thousands)

    

Brands Plan

    

Hi-Tec Plan

Balance, February 3, 2018

 

$

1,031

 

$

2,501

Restructuring charges

 

 

 —

 

 

 —

Payments during the period

 

 

(662)

 

 

(850)

Balance, May 5, 2018

 

$

369

 

$

1,651