Restructuring Plans

12 Months Ended

Feb. 02, 2019

Restructuring And Related Activities [Abstract]

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”).  Restructuring charges were also incurred in the fourth quarter of Fiscal 2018 as the Company’s staff was realigned to appropriately support its then current business (the “FY18 Plan”).  Furthermore, during Fiscal 2019, the Company took additional steps designed to improve its organizational efficiencies by eliminating redundant positions and unneeded facilities, and by terminating various consulting and marketing contracts (the “FY19 Plan”).

Restructuring charges include the following:

	Year Ended
(In thousands)	February 2, 2019		February 3, 2018
Severance costs	$	1,241	$	2,080
Contract termination costs		3,314		—
Leases, net of sublease		469		—
Service costs		731		—
	$	5,755	$	2,080

Payments against the restructuring plan obligations were as follows:

(In thousands)	FY19 Plan			FY18 Plan			Hi-Tec Plan			Total
Balance, January 28, 2017	$	—		$	—		$	3,782		$	3,782
Restructuring charges		—			1,031			1,049			2,080
Payments during the period		—						(2,330	)		(2,330	)
Balance, February 3, 2018		—			1,031			2,501			3,532
Restructuring charges		5,755			—			—			5,755
Payments during the period		(2,995	)		(987	)		(2,302	)		(6,284	)
Balance, February 2, 2019	$	2,760		$	44		$	199		$	3,003