Restructuring Plans

9 Months Ended

Nov. 02, 2019

Restructuring And Related Activities [Abstract]

Restructuring Plans

5. 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”).  

Charges and payments against the restructuring plan obligations were as follows:

(In thousands)	FY19 Plan			FY18 Plan			Hi-Tec Plan			Total
Balance, February 2, 2019		2,760			44			199			3,003
Restructuring charges		180			—			—			180
Payments during the period		(1,372	)		(44	)		(165	)		(1,581	)
Balance, November 2, 2019	$	1,568		$	—		$	34		$	1,602