Restructuring

9 Months Ended

Jun. 26, 2020

Restructuring charges recorded in our consolidated statements of operations represent costs associated with separate individual restructuring plans implemented in various fiscal periods. Costs arising from these actions, including fluctuations in related balances between fiscal periods, are based on the nature of activities under the various plans.

Fiscal 2021 Restructuring Events. In October 2020, we implemented a plan to reduce certain activities, such as exiting our conferencing hardware business, in order to focus our efforts on higher priority investment areas, and reduce the cost structure of our manufacturing operations. As a result, we recorded $9.5 million in restructuring costs in fiscal 2021, primarily representing severance and other related benefits offered to approximately 100 employees that were impacted by this action. Actions related to this plan have substantially completed as of the end of fiscal 2021. The table presented below summarizes the changes in our restructuring accruals (in thousands):


	Severance		Leased facility exit costs and other costs		Total
Balance at September 27, 2019	$	128	$	15,723	$	15,851

Restructuring charges	—		1,821		1,821
Cash payments	(75)		(22,119)		(22,194)
Non-cash and other adjustments	(53)		4,575		4,522
Balance at September 25, 2020	$	—	$	—	$	—
Restructuring charges	9,522		718		10,240
Cash payments and adjustments	(9,359)		(714)		(10,073)
Balance at September 24, 2021	$	163	$	4	$	167