Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING (Tables)

v3.23.3
RESTRUCTURING (Tables)
9 Months Ended
Sep. 30, 2023
Restructuring and Related Activities [Abstract]  
Components of Restructuring Charges
The following table presents the components of restructuring charges:
Three Months Ended September Nine Months Ended September
(In thousands)
2023 2022 2023 2022
Severance and employee-related benefits $ —  $ 13,688  $ 6,614  $ 13,688 
Other —  —  1,182  — 
Total restructuring charges $   $ 13,688  $ 7,796  $ 13,688 
The following table presents the restructuring costs by business segment:
Three Months Ended September Nine Months Ended September
(In thousands)
2023 2022 2023 2022
Wrangler $ —  $ —  $ 995  $ — 
Lee —  —  187  — 
Corporate and other —  13,688  6,614  13,688 
Total $   $ 13,688  $ 7,796  $ 13,688 
Activity in Restructuring
The following table presents activity in the restructuring accrual for the nine-month period ended September 2023:
(In thousands) Total
Accrual at December 2022 $ 10,695 
Charges 6,614 
Cash payments (15,018)
Adjustments to accruals (266)
Currency translation 219 
Balance, September 2023 $ 2,244