RESTRUCTURING AND OTHER RELATED CHARGES

3 Months Ended

Jul. 03, 2021

Restructuring and Related Activities [Abstract]

Summary of Restructuring Plans

Fiscal Year 2022 restructuring plan

During the three months ended July 3, 2021, the Company committed to actions to reduce expenses to enable strategic investments in revenue growth. 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 offices.

Fiscal Year 2021 restructuring plan

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.

Legacy restructuring plans

In connection with the Polycom acquisition, in Fiscal Years 2019 and 2020 the Company initiated actions to rationalize post-acquisition operations and realign its cost structure. These actions included streamlining the global workforce, closure or consolidation of leased offices and distribution centers, consumer product portfolio optimization efforts, 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
(in thousands)	July 3, 2021		June 27, 2020
Severance	$	19,301	$	22,311
Facility	(472)		1,798
Other (1)	4,103		1,441
Total cash charges	22,932		25,550
Non-cash charges (2)	6,040		3,780
Total restructuring and other related charges	$	28,972	$	29,330

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

(2) Non-cash charges primarily represent accelerated depreciation due to the closure or consolidation of facilities.

The Company's restructuring liabilities as of July 3, 2021 is as follows:


(in thousands)	As of April 3, 2021		Accruals (1)		Cash Payments		As of July 3, 2021
FY 2022 Plan
Severance	$	—	$	20,110	$	(4,875)	$	15,235
Facility	—		—		—		—
Other	—		4,103		(3,959)		144
Total FY 2022 Plan	$	—	$	24,213	$	(8,834)	$	15,379

FY 2021 Plans
Severance	$	6,039	$	(801)	$	(2,449)	$	2,789
Facility	913		50		(134)		829
Other	186		—		(150)		36
Total FY 2021 Plans	$	7,138	$	(751)	$	(2,733)	$	3,654

Legacy Plans
Severance	$	1,222	$	(8)	$	(217)	$	997
Facility	3,281		(522)		(446)		2,313
Other	—		—		—		—
Total Legacy Plans	$	4,503	$	(530)	$	(663)	$	3,310

Severance	$	7,261	$	19,301	$	(7,541)	$	19,021
Facility	4,194		(472)		(580)		3,142
Other	186		4,103		(4,109)		180
Grand Total	$	11,641	$	22,932	$	(12,230)	$	22,343

(1) Excludes non-cash charges of $6.0 million recorded in restructuring and other related charges on the Company's condensed consolidated statements of operations for the three months ended July 3, 2021.