RESTRUCTURING (Tables)

3 Months Ended

Jun. 29, 2024

Restructuring and Related Activities [Abstract]

Schedule of Components of Restructuring Charges, Other Restructuring Charges, Restructuring Costs by Business Segment and Activity in Restructuring Accrual

The activity in the restructuring accrual related to Reinvent and Other Restructuring Charges for the three-month period ended June 2024 was as follows:

(In thousands)	Severance		Other		Total
Accrual at March 2024	$	60,331	$	345	$	60,676
Charges	11,322		894		12,216
Cash payments and settlements	(13,527)		(897)		(14,424)
Adjustments to accruals	(180)		—		(180)
Impact of foreign currency	(15)		—		(15)
Accrual at June 2024	$	57,931	$	342	$	58,273

Restructuring and Related Costs

The type of cost and respective location of restructuring charges related to Reinvent for the three months ended June 2024 and the cumulative charges recorded since the inception of Reinvent were as follows:

(In thousands)		Three Months Ended June 2024		Cumulative Charges
Type of Cost	Statement of Operations Location
Severance and employee-related benefits	Selling, general and administrative expenses	$	11,141	$	75,963
Severance and employee-related benefits	Cost of goods sold	181		4,691
Contract termination and other	Selling, general and administrative expenses	737		737
Contract termination and other	Cost of goods sold	157		157
Asset impairments and write-downs	Selling, general and administrative expenses	500		39,886
Accelerated depreciation	Selling, general and administrative expenses	861		861
Accelerated depreciation	Cost of goods sold	17		17
Total Reinvent Charges		$	13,594	$	122,312

The type of cost and respective location of Other Restructuring Charges for the three months ended June 2024 and 2023 were as follows:

		Three Months Ended June
(In thousands)		2024		2023
Type of Cost	Statement of Operations Location
Severance and employee-related benefits	Selling, general and administrative expenses	$	—	$	676
Contract termination and other	Selling, general and administrative expenses	437		19
Total Other Restructuring Charges		$	437	$	695

Other Restructuring Charges by business segment were as follows:

	Three Months Ended June
(In thousands)	2024		2023
Outdoor	$	—	$	242
Active	—		434
Work	—		—
Corporate and other	437		19
Total	$	437	$	695