XML 33 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Restructuring and Severance Charges
 12 Months Ended
Apr. 28, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Severance Charges
Restructuring and Severance Charges
In fiscal 2017, we incurred charges of $6,662 related to a reduction of personnel as part of the Company's overall strategic initiatives, including the sale of the Restaurants Business (see Note 2 for additional information). Severance charges associated with employees who work in shared service functions were recorded in the S,G&A line of the Consolidated Statements of Net Income, while charges associated with employees who supported the Restaurant Business were recorded in results from discontinued operations. Liabilities for severance charges associated with restructuring activities as of April 28, 2017, were $2,800 and are recorded in the accrued wages and related liabilities line of the Consolidated Balance Sheet and we expect these liabilities to be paid in fiscal 2018.
Additionally, in each of the fourth quarters of fiscal years 2016 and 2015, we recorded charges related to a reduction of personnel at our corporate headquarters. Restructuring costs related to employees who supported our continuing operations or worked in shared service functions were recorded in the S,G&A line of the Consolidated Statements of Net Income. See the table below for additional information.

Restructuring Charges
Balance April 25, 2014
$
1,227

Restructuring and related severance charges incurred (1)
4,340

Amounts paid
(1,849
)
Balance Adjustments
(92
)
Balance April 24, 2015
$
3,626

 
 
Restructuring and related severance charges incurred (1)
2,606

Amounts paid
(3,105
)
Adjustments
(429
)
Balance April 29, 2016
$
2,698

 
 
Restructuring and related severance charges incurred (1)
6,662

Amounts paid
(5,632
)
Adjustments
(928
)
Balance April 28, 2017
$
2,800


(1) Restructuring charges of $2,090, $972 and $3,236 were recorded in continuing operations in fiscal years 2017, 2016 and 2015, respectively, in the S,G&A line of the Consolidated Statements of Net Income. The remaining charges were recorded in the results of discontinued operations.