Note 6 Restructuring

3 Months Ended

Dec. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

For the first quarter of 2018, the Company adopted a consolidated restructuring plan to address the closure and/or relocation of three of its manufacturing facilities.

The following table is a summary of restructuring costs associated with this plan:

	Estimated Costs to Implement		Restructuring Expense for the three months ended December 30, 2017
	(In thousands)
Severance costs (approximately 2,900 employees)	$	27,700	$	23,301
Other exit costs (will be recognized as incurred)	7,300		—
Total - Q1 FY18 plan	$	35,000	$	23,301
Costs incurred for other plans	—		241
Total - all plans	$	35,000	$	23,542

Actions under the consolidated restructuring plan began in the first quarter of 2018 and are expected to occur through the first quarter of 2020. Cash payments of severance and other costs are expected to begin in the second quarter of 2018 and occur through the first quarter of 2020. As of December 30, 2017, accrued restructuring costs of $12 million were recorded in accrued liabilities and $11 million was recorded in other long-term liabilities on the condensed consolidated balance sheet.

Of the $35 million expected restructuring costs, $24.6 million is attributable to the Company's IMS segment and $10.4 million is attributable to the Company's CPS segment. Of the $23.3 million of restructuring costs recorded in the first quarter of 2018, $19.5 million is attributable to the Company's IMS segment and $3.8 million is attributable to the Company's CPS segment.