Restructuring

In connection with the Company's announced restructuring plan in the fourth quarter of fiscal year 2016, the Company closed 25 retail stores as of March 31, 2017, and consolidated its brand operations and corporate headquarters. In connection with these restructuring efforts, the Company incurred total restructuring charges of approximately $29,100 and $24,800 during fiscal year 2017 and 2016, respectively, with a total of $29,100 and $22,800 recognized in SG&A expenses and approximately $0 and $2,000 in cost of sales, respectively. The related liabilities are reflected in accrued payroll and other accrued expenses. Of the total amount, approximately $11,100 remained accrued as of March 31, 2017, and is expected to be paid during fiscal year 2018.

During the year ended March 31, 2017, the Company identified additional stores for closure. During fiscal year 2017, the Company recognized approximately $3,600 in restructuring charges in SG&A expenses related to non-cash impairment charges for the retail store assets for 12 of these stores.

It is anticipated that the Company will incur restructuring costs similar in nature to its historical activities in future fiscal years and in connection with the Company closing retail stores to reach a target retail store count of 125 owned stores by the end of fiscal year 2020.

The following table summarizes the restructuring charges incurred in fiscal years 2017 and 2016:



	Lease termination costs			Retail store fixed asset impairments			Severance costs			Software and office fixed asset impairments			Termination of various contracts and other services			Total
Fiscal year 2016 charges	$	8,900		$	5,800		$	4,000		$	3,800		$	2,300		$	24,800
Paid in cash	(1,200		)	—			(600		)	—			—			(1,800		)
Non-cash	—			(5,800		)	—			(3,800		)	(500		)	(10,100		)
Liability as of March 31, 2016	7,700			—			3,400			—			1,800			12,900
Additional charges	9,000			3,600			5,800			3,200			7,500			29,100
Paid in cash	(12,000		)	—			(6,400		)	—			(5,400		)	(23,800		)
Non-cash	—			(3,600		)	(300		)	(3,200		)	—			(7,100		)
Liability as of March 31, 2017	$	4,700		$	—		$	2,500		$	—		$	3,900		$	11,100

The following table summarizes these restructuring charges by reportable operating segment:



	Years Ended March 31,
	2017		2016
UGG brand wholesale	$	2,100	$	—
Teva brand wholesale	—		—
Sanuk brand wholesale	100		3,000
Other brands wholesale	100		2,500
Direct-to-Consumer	12,900		10,500
Unallocated overhead costs	13,900		8,800
Total restructuring charges	$	29,100	$	24,800