XML 25 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Restructuring And Related Activities
6 Months Ended
Oct. 01, 2016
Restructuring And Related Activities [Abstract]  
Restructuring And Related Activities Disclosure Text Block

7. Plant Restructuring The following table summarizes the restructuring charges and related asset impairment charges recorded and the accruals established:

Long-Lived
SeveranceAsset ChargesOther CostsTotal
(In thousands)
Balance March 31, 2016$-$4,975$3,897$8,872
First quarter charge (credit)127(6)1,0641,185
Second quarter charge (credit)112(286)451277
Cash payments/write offs(123)240(3,242)(3,125)
Balance October 1, 2016$116$4,923$2,170$7,209
Balance March 31, 2015$715$264$270$1,249
First quarter credit(81)--(81)
Second quarter charge15--15
Cash payments/write offs(649)-(240)(889)
Balance September 26, 2015$-$264$30$294

During 2016, the Company recorded a restructuring charge of $10,302,000 related to the closing of a plant in the Northwest of which $162,000 was related to severance cost, $5,065,000 was related to asset impairments (contra fixed assets), and $5,075,000 was related to other costs (mostly operating lease costs).

During the quarter ended October 1, 2016, the Company recorded an additional restructuring charge of $277,000 related to the previous closing of a plant in the Northwest of which $112,000 was related to severance cost, $402,000 was related to equipment relocation costs, and a $237,000 credit which related to other costs, mostly a fixed assets impairment adjustment. During the quarter ended July 2, 2016, the Company recorded an additional restructuring charge of $1,185,000 related to the previous closing of a plant in the Northwest of which $127,000 was related to severance cost, $1,025,000 was related to equipment relocation costs, and $33,000 was related to other costs.