Restructuring Charges (Tables)

3 Months Ended

Apr. 05, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

For the first quarter ended April 5, 2020, the Company recorded a reduction of $1.1 million of previously recognized restructuring charges due to changes in expected cash payments and a postponed office lease exit. At April 5, 2020, the total restructuring reserve was $8.4 million for both the 2019 and 2018 restructuring plans. Below is a discussion of the restructuring plan activities by year.

A reconciliation of the 2019 plan restructuring reserve is presented below:

	Balance at Beginning of the Year		Deductions 2020			Charged to Expenses 2020			Balance at April 5, 2020
	(In thousands)
Workforce Reduction	$	8,634	$	(981	)	$	(409	)	$	7,244
Other Exit Costs	139		—			—			139
Total	$	8,773	$	(981	)	$	(409	)	$	7,383

A reconciliation of the 2018 plan restructuring reserve is presented below:

	Balance at Beginning of the Year		Deductions 2020			Charged to Expenses 2020			Balance at April 5, 2020
	(In thousands)
Workforce Reduction	$	1,898	$	(929	)	$	(29	)	$	940
Other Exit Costs	774		—			(680		)	94
Total	$	2,672	$	(929	)	$	(709	)	$	1,034