Restructuring (Tables)

12 Months Ended

May 31, 2023

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 MAP 2025 by reportable segment as well as the total expected costs related to projects identified to date:

	Year Ended			Cumulative Costs			Total Expected
(In thousands)	May 31, 2023			to Date			Costs
CPG Segment:
Severance and benefit costs	$	6,092		$	6,092		$	8,494
Facility closure and other related costs		-			-			321
Total Charges	$	6,092		$	6,092		$	8,815
PCG Segment:
Severance and benefit costs	$	1,148		$	1,148		$	3,155
Facility closure and other related costs		-			-			1,000
Other asset write-offs (1)		2,537			2,537			2,537
Total Charges	$	3,685		$	3,685		$	6,692
Consumer Segment:
Severance and benefit costs	$	507		$	507		$	507
Facility closure and other related costs		621			621			621
Total Charges	$	1,128		$	1,128		$	1,128
SPG Segment:
Severance and benefit costs	$	805		$	805		$	1,751
Facility closure and other related costs		-			-			4,359
Total Charges	$	805		$	805		$	6,110
Corporate/Other Segment:
Severance and benefit (credits)	$	(50	)	$	(50	)	$	(50	)
Total Charges	$	(50	)	$	(50	)	$	(50	)
Consolidated:
Severance and benefit costs	$	8,502		$	8,502		$	13,857
Facility closure and other related costs		621			621			6,301
Other asset write-offs		2,537			2,537			2,537
Total Charges	$	11,660		$	11,660		$	22,695

(1)Other restructuring costs are associated with the impairment of an indefinite-lived tradename as described below in Note C, "Goodwill and Other Intangible Assets," of the Consolidated Financial Statements.

Summary of Activity in Restructuring Reserves

A summary of the activity in the restructuring reserves related to MAP 2025 is as follows:

(In thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Other Asset Write-Offs			Total
Balance at June 1, 2022	$	-		$	-		$	-		$	-
Additions charged to expense		8,502			621			2,537			11,660
Cash payments charged against reserve		(5,486	)		(121	)		-			(5,607	)
Non-cash charges and other adjustments		(299	)		(500	)		(2,537	)		(3,336	)
Balance at May 31, 2023	$	2,717		$	-		$	-		$	2,717