Restructuring Activities

4 Months Ended

Apr. 24, 2021

Restructuring And Related Activities [Abstract]

Restructuring Activities

3. RESTRUCTURING ACTIVITIES

In Fiscal 2016, we announced the launch of Project Centennial, a comprehensive business and operational review.  The project was completed at the end of Fiscal 2020, and final payments related to the restructuring activities were paid during the first quarter of Fiscal 2021.  Consulting costs associated with the project during the sixteen weeks ended April 18, 2020 were $3.4 million and are reflected in the selling, distribution and administrative line item of the Condensed Consolidated Statements of Income.  

The tables below present the components of, and changes in, our restructuring accruals for the sixteen weeks ended April 24, 2021 and April 18, 2020 (amounts in thousands):

	VSIP			RIF			Employee Termination Benefits(1)		Total
Liability balance at January 2, 2021	$	1,036		$	472		$	—	$	1,508
Charges		—			—			—		—
Cash payments		(1,036	)		(472	)		—		(1,508	)
Liability balance (3) at April 24, 2021	$	—		$	—		$	—	$	—

	VSIP			RIF		Employee Termination Benefits(1)			Total
Liability balance at December 28, 2019	$	174		$	—	$	1,450		$	1,624
Charges		—			—		—			—
Cash payments		(174	)		—		(851	)		(1,025	)
Liability balance (3) at April 18, 2020	$	—		$	—	$	599		$	599

(1) Employee termination benefits are not related to the VSIP.

(2) Reorganization costs include employee relocation expenses.

(3) Recorded in the other accrued current liabilities line item of our Condensed Consolidated Balance Sheets.