XML 37 R18.htm IDEA: XBRL DOCUMENT v3.21.1
RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS)
 12 Months Ended
Apr. 03, 2021
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER RELATED CHARGES (CREDITS) RESTRUCTURING AND OTHER RELATED CHARGES
Summary of Restructuring Plans

Fiscal Year 2021 Restructuring Plans

During Fiscal Year 2021, the Company committed to additional actions to reduce expenses and align its overall cost structure to better align with projected revenue levels as well as reorganize its executive management to align to its new Chief Executive Officer's management structure. 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 the closure or consolidation of leased offices.

Fiscal Year 2020 Restructuring Plans

During 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 Consolidated Statements of Operations:
Fiscal Year Ended
(in thousands)April 3, 2021March 28, 2020March 30, 2019
Severance$26,467 $29,777 $25,033 
Facility3,274 3,247 2,241 
Other (1)
3,803 10,207 5,420 
Total cash charges33,544 43,231 32,694 
Non-cash charges (2)
15,160 10,946 — 
Total restructuring and other related charges$48,704$54,177$32,694
(1) Other costs primarily represent associated legal and advisory services.
(2) Non-cash charges primarily represent asset impairments due to closure or consolidation of facilities.


The following table summarizes the Company's restructuring liabilities during Fiscal Year 2021:
As of March 28, 2020ChargesPaymentsAs of April 3, 2021
FY 2021 Plans
Severance$— $27,130 $(21,091)$6,039 
Facility— 313 600 913 
Other— 3,803 (3,617)186 
Total FY 2021 Plans— 31,246 (24,108)7,138 
FY 2020 Plans
Severance $7,475 $(1,164)$(5,264)$1,047 
Facility 2,501 2,961 (2,181)3,281 
Other1,621 — (1,621)— 
Total FY 2020 Plans 11,597 1,797 (9,066)4,328 
FY 2019 Plans
Severance 147 501 (473)175 
Facility — — — — 
Other 117 — (117)— 
Total FY 2019 Plans264 501 (590)175 
 Severance 7,622 26,467 (26,828)7,261 
 Facility 2,501 3,274 (1,581)4,194 
 Other 1,738 3,803 (5,355)186 
Total$11,861 $33,544 $(33,764)$11,641