Restructuring (Tables)

6 Months Ended

Nov. 30, 2018

Restructuring And Related Activities [Abstract]

Summary of Charges Recorded in Connection with Restructuring by Reportable Segment

A summary of the charges recorded in connection with restructuring by reportable segment during fiscal 2019 is as follows:

	Three Months Ended		Six Months Ended		Cumulative Costs		Total Expected
(in thousands)	November 30, 2018		November 30, 2018		to Date		Costs
Consumer Segment:
Severance and benefit costs (a)	$	279	$	1,830	$	7,482	$	8,710
Facility closure and other related costs		170		170		5,309		12,445
Other asset write-offs		2		2		2		2
Total Charges	$	451	$	2,002	$	12,793	$	21,157
Industrial Segment:
Severance and benefit costs (b)	$	3,407	$	9,772	$	11,944	$	12,396
Facility closure and other related costs		867		1,303		2,347		21,800
Other asset write-offs		149		727		2,097		2,097
Total Charges	$	4,423	$	11,802	$	16,388	$	36,293
Specialty Segment:
Severance and benefit costs (c)	$	1,786	$	3,933	$	3,933	$	5,367
Facility closure and other related costs		-		-		-		3,776
Other asset write-offs		3		3		3		3
Total Charges	$	1,789	$	3,936	$	3,936	$	9,146
Corporate/Other Segment:
Severance and benefit costs (d)	$	1,061	$	10,060	$	12,196	$	12,657
Total Charges	$	1,061	$	10,060	$	12,196	$	12,657
Consolidated:
Severance and benefit costs	$	6,533	$	25,595	$	35,555	$	39,130
Facility closure and other related costs		1,037		1,473		7,656		38,021
Other asset write-offs		154		732		2,102		2,102
Total Charges	$	7,724	$	27,800	$	45,313	$	79,253

(a) Current quarter charges include $0.3 million associated with elimination of 35 positions.  Current year charges include $1.8 million associated with the elimination of 44 positions.  

(b) Current quarter charges include $3.4 million associated with the elimination of 54 positions.  Current year charges include $9.6 million associated with the elimination of 148 positions and $0.2 million additional charges associated with the prior elimination of one position within the legal function during fiscal 2018.

(c) Current quarter charges include $1.8 million associated with the elimination of 60 positions.  Current year charges include $3.9 million associated with the elimination of 107 positions.

(d) Reflects charges related to the severance of two corporate executives, as well as accelerated vesting of equity awards for two corporate executives, four specialty segment executives and three industrial segment executives in connection with the aforementioned restructuring activities.

Summary of Activity in Restructuring Reserves

A summary of the activity in the restructuring reserves related to our 2020 MAP to Growth is as follows:

(in thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Other Asset Write-Offs			Total
Balance at August 31, 2018	$	10,960		$	5,364		$	-		$	16,324
Additions charged to expense		6,533			1,037			154			7,724
Cash payments charged against reserve		(6,013	)		(1,330	)		-			(7,343	)
Non-cash charges included above (e)		(1,053	)		(2,536	)		(154	)		(3,743	)
Balance at November 30, 2018	$	10,427		$	2,535		$	-		$	12,962
(in thousands)	Severance and Benefits Costs			Facility Closure and Other Related Costs			Other Asset Write-Offs			Total
Balance at June 1, 2018	$	9,957		$	6,184		$	1,373		$	17,514
Additions charged to expense		25,595			1,473			732			27,800
Cash payments charged against reserve		(18,588	)		(1,748	)					(20,336	)
Non-cash charges included above (e)		(6,537	)		(3,374	)		(2,105	)		(12,016	)
Balance at November 30, 2018	$	10,427		$	2,535		$	-		$	12,962

(e) Non-cash charges primarily include accelerated vesting of equity awards and asset-write offs.