RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)

6 Months Ended

Sep. 26, 2020

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)

RESTRUCTURING AND OTHER RELATED CHARGES

Summary of Restructuring Plans

Fiscal Year 2021 restructuring plan

During the six months ended September 26, 2020, the Company committed to additional actions to reduce expenses and right size its overall cost structure to better align with projected revenue levels. The costs incurred to date under this plan include severance benefits related to headcount reductions in the Company's global workforce and facility related charges due to closure or consolidation of leased offices.

Fiscal Year 2020 restructuring plans

During the Fiscal Year 2020, the Company committed to additional actions to rationalize post-Acquisition operations and costs to align the Company's cost structure to current revenue expectations. The costs incurred to date under these plans include severance benefits related to headcount reductions in the Company's global workforce, facility related charges due to consolidation of the Company's leased offices, asset impairments associated with consumer product portfolio optimization efforts, and other costs associated with legal entity rationalization.

Fiscal Year 2019 restructuring plans

During the Fiscal Year 2019, the Company initiated post-Acquisition restructuring plans to realign the Company's cost structure, including streamlining the global workforce, consolidation of certain distribution centers in North America, and reduction of redundant legal entities, in order to take advantage of operational efficiencies following the Acquisition. The costs incurred to date under these plans have primarily comprised of severance benefits from reduction in force actions, facilities related actions initiated by management, and legal entity rationalization.

The following table summarizes the restructuring and other related charges recognized in the Company's condensed consolidated statements of operations:

	Three Months Ended				Six Months Ended
(in thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Severance	$	881	$	77	$	23,192	$	13,772
Facility	(156)		—		1,642		—
Other (1)	867		1,037		2,308		6,867
Non-cash charges (2)	4,578		4,733		8,358		4,733
Total restructuring and other related charges	$	6,170	$	5,847	$	35,500	$	25,372

(1) Other costs primarily represent associated legal and advisory services.

(2) Non-cash charges primarily represent asset impairment

The Company's restructuring liabilities as of September 26, 2020 is as follows (amounts in thousands):

	As of March 28, 2020		Accruals		Cash Payments		As of September 26, 2020
FY 2021 Plans
Severance	$	—	$	23,808	$	(15,922)	$	7,886
Facility	—		69		(59)		10
Other	—		2,307		(1,651)		656
Total FY2021 Plans	$	—	$	26,184	$	(17,632)	$	8,552
FY 2020 Plans
Severance	$	7,475	$	(859)	$	(4,499)	$	2,117
Facility	2,501		1,573		(852)		3,222
Other	1,621		—		(1,621)		—
Total FY2020 Plans	$	11,597	$	714	$	(6,972)	$	5,339
FY 2019 Plans
Severance	$	147	$	243	$	(325)	$	65
Facility	—		—		—		—
Other	117		—		(117)		—
Total FY2019 Plans	$	264	$	243	$	(442)	$	65
Severance	$	7,622	$	23,192	$	(20,746)	$	10,068
Facility	2,501		1,642		(911)		3,232
Other	1,738		2,307		(3,389)		656
Grand Total	$	11,861	$	27,141	$	(25,046)	$	13,956