In April 2024, the company announced a cost savings program to improve operational performance, which includes employee termination benefits associated with a reduction-in-force ("2024 RIF") and other optimization initiatives expected to be completed in Fiscal 2024. The company expects additional 2024 RIF and other restructuring costs of approximately $7.0 million to $10.0 million. The company also incurred consulting costs associated with implementing the restructuring program.

In February 2023, to improve operational effectiveness, increase profitable sales, and better meet customer requirements, the company announced a restructuring of plant operation responsibilities from the sales function to the supply chain function. As part of that restructuring, we incurred costs for employee termination benefits and other cash charges, which were primarily related to the voluntary employee separation incentive plan (the "2023 VSIP"), reduction-in-force, and employee relocation costs. There were no additional costs incurred during Fiscal 2024.

The table below presents the components of costs associated with the restructuring programs detailed above (amounts in thousands):


	For the Sixteen Weeks Ended		For the Sixteen Weeks Ended
	April 20, 2024		April 22, 2023
Restructuring charges:
2023 VSIP	$	—	$	3,927
2024 RIF		598		—
Relocation costs		—		268
Restructuring charges (1)		598		4,195
Restructuring-related implementation costs (2)		1,344		—
Total restructuring charges	$	1,942	$	4,195

(1)

Presented on our Condensed Consolidated Statements of Income.

(2)

Costs are recorded in the selling, distribution and administrative expenses line item of our Condensed Consolidated Statements of Income.

The table below presents the components of, and changes in, our restructuring accruals (amounts in thousands):


	2023 VSIP			2024 RIF			Total
Liability balance at December 30, 2023	$	1,429		$	—		$	1,429
Charges		—			598			598
Cash payments		(1,429	)		(242	)		(1,671	)
Liability balance at April 20, 2024	$	—		$	356		$	356