ACCRUED RESTRUCTURING COSTS (Tables)

6 Months Ended

Jul. 06, 2013

ACCRUED RESTRUCTURING COSTS [Abstract]

Details of Jewelry Restructuring

During 2009, we decided to discontinue the domestic manufacturing, product development and sourcing activities of our jewelry business, and also announced the closing of our jewelry distribution center during 2010.  We accrued $0.2 million of lease termination costs in the fiscal six months ended June 30, 2012.  The details of the jewelry restructuring accruals are as follows:

(In millions)	Lease obligations
Balance, January 1, 2012	$	1.5
Additions		0.2
Payments and reductions		(0.2	)
Balance, June 30, 2012	$	1.5
Balance, January 1, 2013	$	1.4
Payments and reductions		(0.2	)
Balance, July 6, 2013	$	1.2

Details of Retail Stores Restructurings

The details of the retail store restructuring accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2012	$	1.3
Additions		1.9
Payments and reductions		(1.3	)
Balance, June 30, 2012	$	1.9
Balance, January 1, 2013	$	0.9
Additions		3.2
Payments and reductions		(1.2	)
Balance, July 6, 2013	$	2.9

Details of Other Cost Reduction Initiatives

The details of the cost reduction initiative accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2013	$	-
Additions		4.2
Payments and reductions		(2.2	)
Balance, July 6, 2013	$	2.0