Value Creation Plan

3 Months Ended

Mar. 28, 2020

Restructuring and Related Activities [Abstract]

4. Value Creation Plan

The Value Creation Plan is a broad-based initiative focused on increasing shareholder value through structural investments in people and assets, together with restructuring activities to streamline operations. In the first quarter of 2020, measures taken under the Value Creation Plan included the consolidation of the Company's corporate office functions, the closure of an organic ingredient warehousing facility located in China, and other business development activities. In the first quarter of 2019, actions taken under the Value Creation Plan related to the sale of the soy and corn business, and transition of the Company's Chief Executive Officer ("CEO"). The following table summarizes costs incurred by type under the Value Creation Plan for the quarters ended March 28, 2020 and March 30, 2019:

			Employee
	Asset		recruitment,
	impairments		retention and
	and facility		termination		Professional
	closure costs		costs		fees		Total
	$		$		$		$
March 28, 2020
Balance payable, December 28, 2019⁽¹⁾	201		4,026		—		4,227
Costs incurred and charged to expense	389		1,055		551		1,995
Cash payments, net	(138	)	(1,890	)	(347	)	(2,375	)
Non-cash adjustments	(78	)	460		—		382
Balance payable, March 28, 2020⁽¹⁾	374		3,651		204		4,229

March 30, 2019
Balance payable, December 29, 2018	477		436		—		913
Costs incurred and charged to expense	256		1,508		94		1,858
Cash payments, net	(381	)	(1,374	)	(94	)	(1,849	)
Non-cash adjustments	—		2,102		—		2,102
Balance payable, March 30, 2019	352		2,672		—		3,024

(1) Balance payable was included in accounts payable and accrued liabilities on the consolidated balance sheet.

The following table summarizes costs incurred since the inception of the Value Creation Plan in 2016 to March 28, 2020:

			Employee
	Asset		recruitment,		Professional
	impairments		retention and		fees and
	and facility		termination		temporary
	closure costs		costs		labor costs		Total
	$		$		$		$
Costs incurred and charged to expense	35,349		24,024		22,883		82,256
Cash payments, net	(10,400	)	(25,387	)	(22,679	)	(58,466	)
Non-cash adjustments	(24,575	)	5,014		—		(19,561	)
Balance payable, March 28, 2020	374		3,651		204		4,229

For the quarters ended March 28, 2020 and March 30, 2019, costs incurred and charged to expense were recorded in the consolidated statement of operations as follows:

		Quarter ended
	March 28, 2020	March 30, 2019
	$	$
Selling, general and administrative expenses⁽¹⁾	1,036	203
Other expense⁽²⁾	959	1,655
	1,995	1,858

(1) Professional fees and employee retention, recruitment and relocation costs recorded in selling general and administrative expenses were allocated to Corporate Services.

(2) For the quarter ended March 28, 2020, costs recorded in other expense were allocated as follows: Global Ingredients - $0.4 million (March 30, 2019 - $0.0 million); Plant-Based Foods and Beverages - $0.0 million (March 30, 2019 - $0.4 million); Fruit-Based Foods and Beverages - $0.9 million (March 30, 2019 - $0.3 million); and Corporate Services - $(0.4) million (March 30, 2019 - $0.9 million).