Restructuring And Related Activities

9 Months Ended

Dec. 26, 2015

Restructuring And Related Activities [Abstract]

Restructuring And Related Activities Disclosure Text Block

7.The following table summarizes the restructuring charges and related asset impairment charges recorded and the accruals established:

				Long-Lived
		Severance		Asset Charges		Other Costs		Total
		(In thousands)
Balance March 31, 2015	$	715	$	264	$	270	$	1,249
First quarter credit		(81)		-		-		(81)
Second quarter charge		15		-		-		15
Third quarter charge		104		1,706		7,814		9,624
Cash payments/write offs		(649)		-		(503)		(1,152)
Balance December 26, 2015	$	104	$	1,970	$	7,581	$	9,655
Balance March 31, 2014	$	10	$	-	$	-	$	10
Third quarter charge		533		316		40		889
Cash payments/write offs		(8)		-		-		(8)
Balance December 27, 2014	$	535	$	316	$	40	$	891

During the quarter ended December 26, 2015, the Company recorded a restructuring charge of $9,634,000 related to the closing of a plant in the Northwest of which $104,000 was related to severance cost, $1,706,000 was related to asset impairments (contra fixed assets), and $7,824,000 was related to other costs (mostly operating lease costs).

During fiscal 2015, the Company recorded a restructuring charge of $1,376,000 related to the closing of a plant in the Midwest of which $842,000 was related to severance cost, $264,000 was related to equipment costs (contra fixed assets), and $270,000 was related to equipment relocation costs. During the first quarter of fiscal 2016, the Company reduced the severance portion of this accrual by $81,000. During the second quarter of fiscal 2016, the Company increased the severance portion of this accrual by $15,000. During the third quarter of fiscal 2016, the Company decreased the equipment relocation portion of this accrual by $10,000.