Restructuring (Tables)

3 Months Ended

Aug. 31, 2021

Restructuring And Related Activities [Abstract]

Summary of Charges Recorded in Connection with Restructuring by Reportable Segment

Following is a summary of the charges recorded in connection with restructuring by reportable segment:

	Three Months Ended			Three Months Ended		Cumulative Costs		Total Expected
(In thousands)	August 31, 2021			August 31, 2020		to Date		Costs
Construction Products Group ("CPG") Segment:
Severance and benefit costs (credits) (a)	$	(493	)	$	180	$	20,795	$	20,928
Facility closure and other related costs		540			368		7,120		7,609
Other restructuring costs		4			36		1,982		1,982
Total Charges	$	51		$	584	$	29,897	$	30,519
Performance Coatings Group ("PCG") Segment:
Severance and benefit costs (b)	$	128		$	1,039	$	16,487	$	17,012
Facility closure and other related costs		408			288		7,037		7,968
Other restructuring costs		-			29		917		917
Total Charges	$	536		$	1,356	$	24,441	$	25,897
Consumer Segment:
Severance and benefit costs (c)	$	-		$	790	$	12,307	$	12,307
Facility closure and other related costs		240			597		12,321		13,015
Other restructuring costs		-			98		4,420		4,420
Total Charges	$	240		$	1,485	$	29,048	$	29,742
Specialty Products Group ("SPG") Segment:
Severance and benefit costs (d)	$	87		$	469	$	8,214	$	9,190
Facility closure and other related costs		98			268		5,688		6,706
Other restructuring costs (credits)		(2	)		71		1,219		1,219
Total Charges	$	183		$	808	$	15,121	$	17,115
Corporate/Other Segment:
Severance and benefit costs	$	-		$	-	$	13,538	$	13,538
Total Charges	$	-		$	-	$	13,538	$	13,538
Consolidated:
Severance and benefit costs (credits)	$	(278	)	$	2,478	$	71,341	$	72,975
Facility closure and other related costs		1,286			1,521		32,166		35,298
Other restructuring costs		2			234		8,538		8,538
Total Charges	$	1,010		$	4,233	$	112,045	$	116,811

(a) Severance and benefit recoveries are associated with the adjustment of previously estimated severance accruals partially offset by the elimination of five positions during the three months ended August 31, 2021. Severance and benefit costs for the three months ended August 31, 2020 are associated with the elimination of nine positions.

(b) Severance and benefit costs are associated with the elimination of two positions and 39 positions during the three months ended August 31, 2021 and 2020, respectively.

(c) Severance and benefit costs are associated with the elimination of three positions during the three months ended August 31, 2020.

(d) Severance and benefit costs are associated with the elimination of 16 positions and 28 positions during the three months ended August 31, 2021 and 2020, respectively.

Summary of Activity in Restructuring Reserves

A summary of the activity in the restructuring reserves related to our MAP to Growth is as follows:

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Other Restructuring Costs			Total
Balance at June 1, 2021	$	4,430		$	1,290		$	-			5,720
Charges (credits) to expense		(278	)		1,286			2			1,010
Cash payments charged against reserve		(1,766	)		(1,248	)		-			(3,014	)
Non-cash charges and other adjustments		-			(377	)		(2	)		(379	)
Balance at August 31, 2021	$	2,386		$	951		$	-		$	3,337
(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Other Restructuring Costs			Total
Balance at June 1, 2020	$	7,357		$	5,880		$	-		$	13,237
Charges to expense		2,478			1,521			234			4,233
Cash payments charged against reserve		(4,942	)		(1,263	)		-			(6,205	)
Non-cash charges and other adjustments		-			-			(234	)		(234	)
Balance at August 31, 2020	$	4,893		$	6,138		$	-		$	11,031