Restructuring

6 Months Ended

Apr. 01, 2022

Restructuring charges recorded in our condensed 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 2022 Restructuring Events. In January 2022, we implemented a restructuring plan within our entertainment organization to create capacity to support our higher priority focus areas. As a result, we recorded $4.5 million in restructuring costs during the second quarter of fiscal 2022, primarily representing severance and other related benefits offered to over 50 employees that were impacted by this action. Actions related to this plan are expected to be completed by the end of fiscal 2022. 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 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
Restructuring charges	4,486		581		5,067
Cash payments and adjustments	(2,779)		(585)		(3,364)

Balance at April 1, 2022	$	1,870	$	—	$	1,870

The activities during fiscal 2021 reflect the impact of our fiscal 2021 restructuring plan and our early exit of a leased facility.

Accruals for restructuring charges incurred for the restructuring plans described above are included within accrued liabilities in our condensed consolidated balance sheets, while restructuring charges are included within restructuring charges in our condensed consolidated statements of operations.