Restructuring expenses

3 Months Ended

Sep. 29, 2018

Restructuring expenses

Restructuring expenses

14. Restructuring expenses

Fiscal 2019

During fiscal 2019, the Company executed certain restructuring actions in order to improve operating efficiencies and further integrate the acquisition of PF. Restructuring expenses are included as a component of restructuring, integration and other expenses in the Consolidated Statements of Operations. The activity related to the restructuring liabilities established during fiscal 2019 is presented in the following table:

			Facility
			and Contract
	Severance		Exit Costs		Total
	(Thousands)
Fiscal 2019 restructuring expenses	$	7,183	$	350	$	7,533
Cash payments		(1,983)		(47)		(2,030)
Other, principally foreign currency translation		—		—		—
Balance at September 29, 2018	$	5,200	$	303	$	5,503

Severance expense recorded in the first quarter of fiscal 2019 related to the reduction, or planned reduction, of approximately 50 employees, primarily in executive management, operations, warehouse, sales and business support functions. Facility and contract exit costs primarily consist of liabilities for remaining lease obligations for exited facilities and for contractual termination costs. Of the $7.5 million in restructuring expenses recorded during the first quarter of fiscal 2019,  $7.3 million related to EC and $0.2 million related to PF. The Company expects the majority of the remaining amounts to be paid by the end of fiscal 2019.  

Fiscal 2018 and prior

During fiscal 2018 and prior, the Company incurred restructuring expenses related to various restructuring actions intended to achieve planned synergies from acquired businesses and to reduce future operating expenses. The following table presents the activity during the first quarter of fiscal 2019 related to the remaining restructuring liabilities from continuing operations established during fiscal 2018 and prior:

			Facility
			and Contract		Asset
	Severance		Exit Costs		Impairments		Total
	(Thousands)
Balance at June 30, 2018	$	25,918	$	2,890	$	416	$	29,224
Cash payments		(17,936)		(623)		—		(18,559)
Changes in estimates, net		(235)						(235)
Non-cash amounts		—		—		(416)		(416)
Other, principally foreign currency translation		(245)		(27)		—		(272)
Balance at September 29, 2018	$	7,502	$	2,240	$	—	$	9,742

The Company expects the majority of the remaining amounts to be paid by the end of fiscal 2019.