Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.23.2
RESTRUCTURING (Tables)
6 Months Ended
Jul. 01, 2023
Restructuring and Related Activities [Abstract]  
Components of Restructuring Charges
The following table presents the components of restructuring charges:
Three Months Ended June Six Months Ended June
(In thousands)
2023 2022 2023 2022
Severance and employee-related benefits $ 6,614  $ —  $ 6,614  $ — 
Other 1,182  —  1,182  — 
Total restructuring charges $ 7,796  $   $ 7,796  $  
The following table presents the restructuring costs by business segment:
Three Months Ended June Six Months Ended June
(In thousands)
2023 2022 2023 2022
Wrangler $ 995  $ —  $ 995  $ — 
Lee 187  —  187  — 
Corporate and other 6,614  —  6,614  — 
Total $ 7,796  $   $ 7,796  $  
Activity in Restructuring
The following table presents activity in the restructuring accrual for the six-month period ended June 2023:
(In thousands) Total
Accrual at December 2022 $ 10,695 
Charges 6,614 
Cash payments (12,124)
Adjustments to accruals (160)
Currency translation 260 
Balance, June 2023 $ 5,285