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Restructuring Charges and Executive Transition Costs
 12 Months Ended
Mar. 28, 2020
Restructuring and Related Activities [Abstract]  
Restructuring Charges and Executive Transition Costs Restructuring Charges and Executive Transition Costs

During the fourth quarter of fiscal 2020, the Company announced cost-saving measures designed to drive structural operating efficiencies across the Company, including a targeted global workforce reduction in force. The reorganization plan is expected to be substantially completed by the end of the first quarter of fiscal 2021. The Company recorded restructuring charges of $28.4 million in fiscal 2020, primarily related to severance pay expenses and separately presented on the consolidated statements of income. As of the end of fiscal 2020, there was $13.5 million accrual for severance and other benefits that are expected to be paid primarily during fiscal 2021.

The following table summarizes the restructuring accrual activity for fiscal 2020:
 
 
 
 
 
 
 
(In thousands)
 
Employee severance and benefits
 
Others
 
Total
Restructuring charges
 
$
27,628

 
$
734

 
$
28,362

Cash payments
 
(14,615
)
 
(121
)
 
(14,736
)
Non-cash charges
 
(172
)
 
—

 
(172
)
Balance as of March 28, 2020
 
$
12,841

 
$
613

 
$
13,454



During the fourth quarter of fiscal 2018, the Company announced the transition of its President and Chief Executive Officer position, whereby Moshe Gavrielov resigned from those roles and Victor Peng assumed these roles. Additionally, the Company also implemented restructuring measures to realign resources and drive overall operating efficiencies. The Company recorded total transition charges of $33.4 million in the fourth quarter of fiscal 2018, primarily related to severance pay expenses and other benefits. As of the end of fiscal 2020 and 2019, the remaining accrual for severance and other benefits related to executive transition costs was immaterial.