Note 10 Restructuring

12 Months Ended

Sep. 28, 2019

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring

In the first quarter of 2018, the Company began implementing restructuring actions to address the closure and/or relocation of three of its manufacturing facilities. In addition, the Company is still in the process of completing restructuring actions under other plans.

The following table is a summary of restructuring costs associated with these plans:

	Year Ended
	September 28, 2019		September 29, 2018
	(In thousands)
Severance costs (approximately 2,900 employees)	$	1,900	$	26,425
Other exit costs (generally recognized as incurred)	3,247		4,984
Total	5,147		31,409
Severance reimbursement	—		(10,000		)
Total - Q1 FY18 Plan	5,147		21,409
Costs incurred for other plans	8,606		7,737
Total - all plans	$	13,753	$	29,146

Q1 FY18 Plan

Actions under the Q1 FY18 plan began in the first quarter of 2018 and are expected to occur through calendar 2019. Cash payments of severance and other costs began in the second quarter of 2018 and are expected to occur through the end of calendar 2019. In connection with this plan, the Company entered into a contractual agreement with a third party pursuant to which up to $10 million of severance and retention costs incurred by the Company will be reimbursed. The Company recorded this amount as a reduction of restructuring costs in the second quarter of 2018 and, as of September 28, 2019, $5 million was included in accounts receivable on the consolidated balance sheets. Costs incurred for other exit costs consist primarily of costs to maintain vacant facilities that are owned and contract termination costs.

Other plans

Other plans include a number of plans for which costs are not expected to be material individually or in the aggregate.

All Plans

The Company's IMS segment incurred a benefit under all restructuring plans of $4 million during the year ended September 28, 2019, primarily as a result of recovery from a third party of certain environmental remediation costs. This

compares to costs incurred of $12 million for the year ended September 29, 2018. The Company's CPS segment incurred costs under all restructuring plans of $18 million and $17 million for the years ended September 28, 2019 and September 29, 2018, respectively. As of September 28, 2019 and September 29, 2018, the Company had accrued liabilities of $5 million and $24 million, respectively, for restructuring costs (exclusive of long-term environmental remediation liabilities).

In addition to costs expected to be incurred under the Q1 FY18 plan, the Company expects to incur restructuring costs in future periods primarily for vacant facilities and former sites for which the Company is or may be responsible for environmental remediation.

On October 28, 2019, the Company adopted a Company-wide right-sizing plan. Under this plan, the Company expects to incur restructuring charges of approximately $10 million to $20 million, consisting primarily of cash severance costs, over the first half of 2020.