Note 8 Restructuring

3 Months Ended

Jan. 02, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

The following table is a summary of restructuring costs:

	Restructuring Expense
	Three Months Ended
	January 2, 2021		December 28, 2019
	(In thousands)
Severance costs (approximately 45 and 1,450 employees for the three months ended January 2, 2021 and December 28, 2019, respectively)	$	835	$	6,728
Other exit costs (recognized as incurred)	—		8
Total - Q1 FY20 Plan	835		6,736
Costs incurred for other plans	1,069		2,424
Total - all plans	$	1,904	$	9,160

Q1 FY20 Plan

On October 28, 2019, the Company adopted a Company-wide restructuring plan ("Q1 FY20 Plan"). Under this plan, the Company expects to incur restructuring charges of up to $20 million, consisting primarily of cash severance costs. As of January 2, 2021, the Company had incurred restructuring charges of approximately $19 million, consisting of severance costs, under the Q1 FY20 Plan. Additional actions under this plan are expected to be implemented through the second quarter of fiscal 2021 and cash payments of severance are expected to occur through the fourth quarter of fiscal 2021.

Other Plans

Other plans include a number of plans for which costs are not expected to be material individually or in the aggregate.

All Plans

The Company’s Integrated Manufacturing Solutions ("IMS") segment incurred costs of $0.6 million and $7 million for the three months ended January 2, 2021 and December 28, 2019, respectively. The Company’s CPS segment incurred costs of $1 million and $2 million for the three months ended January 2, 2021 and December 28, 2019, respectively. In addition, $0.3 million of costs were incurred during the three months ended January 2, 2021 for corporate headcount reductions that were not allocated to the Company's IMS and CPS segments. The Company had accrued liabilities of $7 million and $9 million as of January 2, 2021 and October 3, 2020, respectively, for restructuring costs (exclusive of long-term environmental remediation liabilities).

In addition to costs expected to be incurred under the Q1 FY20 Plan, the Company expects to incur restructuring costs in future periods primarily for vacant facilities and former sites for which the Company is or may be responsible for environmental remediation.