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Restructuring (Tables)
 12 Months Ended
May 31, 2020
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 is as follows:

 

 

 

Year Ended

 

Year Ended

 

Year Ended

 

Cumulative

Costs

 

Total

Expected

 

(in thousands)

 

May 31, 2020

 

May 31, 2019

 

May 31, 2018

 

to Date

 

Costs

 

CPG Segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs (a)

 

$

6,866

 

$

9,459

 

$

1,769

 

$

18,094

 

$

22,243

 

Facility closure and other related costs

 

 

1,508

 

 

1,924

 

 

1,045

 

 

4,477

 

 

7,140

 

Other asset write-offs

 

 

352

 

 

215

 

 

1,373

 

 

1,940

 

 

2,024

 

Total Charges

 

$

8,726

 

$

11,598

 

$

4,187

 

$

24,511

 

$

31,407

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PCG Segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs (b)

 

$

6,973

 

$

6,012

 

$

400

 

$

13,385

 

$

17,073

 

Facility closure and other related costs

 

 

1,873

 

 

3,474

 

 

-

 

 

5,347

 

 

7,349

 

Other asset write-offs

 

 

248

 

 

353

 

 

-

 

 

601

 

 

908

 

Total Charges

 

$

9,094

 

$

9,839

 

$

400

 

$

19,333

 

$

25,330

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs (c)

 

$

3,089

 

$

1,726

 

$

5,652

 

$

10,467

 

$

11,493

 

Facility closure and other related costs

 

 

2,245

 

 

1,553

 

 

5,139

 

 

8,937

 

 

10,137

 

Other asset write-offs

 

 

4,094

 

 

25

 

 

-

 

 

4,119

 

 

4,119

 

Total Charges

 

$

9,428

 

$

3,304

 

$

10,791

 

$

23,523

 

$

25,749

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPG Segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs (d)

 

$

1,592

 

$

5,338

 

$

-

 

$

6,930

 

$

8,267

 

Facility closure and other related costs

 

 

2,922

 

 

1,244

 

 

-

 

 

4,166

 

 

5,649

 

Other asset write-offs

 

 

119

 

 

1,003

 

 

-

 

 

1,122

 

 

1,170

 

Total Charges

 

$

4,633

 

$

7,585

 

$

-

 

$

12,218

 

$

15,086

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate/Other Segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs (e)

 

$

1,227

 

$

9,984

 

$

2,136

 

$

13,347

 

$

13,347

 

Total Charges

 

$

1,227

 

$

9,984

 

$

2,136

 

$

13,347

 

$

13,347

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and benefit costs

 

$

19,747

 

$

32,519

 

$

9,957

 

$

62,223

 

$

72,423

 

Facility closure and other related costs

 

 

8,548

 

 

8,195

 

 

6,184

 

 

22,927

 

 

30,275

 

Other asset write-offs

 

 

4,813

 

 

1,596

 

 

1,373

 

 

7,782

 

 

8,221

 

Total Charges

 

$

33,108

 

$

42,310

 

$

17,514

 

$

92,932

 

$

110,919

 

 

a)

Severance and benefit costs are associated with the elimination of 112 positions, 109 positions and 27 positions during fiscal 2020, 2019 and 2018, respectively.   Additionally, $0.2 million included in the fiscal year 2019 charges are associated with the prior elimination of one position within the legal function during fiscal 2018.

b)

Severance and benefit costs are associated with the elimination of 161 positions, 114 positions and one position during fiscal 2020, 2019 and 2018, respectively.

c)

Severance and benefit costs are associated with the elimination of 92 positions, 21 positions and 155 positions during fiscal 2020, 2019 and 2018, respectively.

d)

Severance and benefit costs are associated with the elimination of 94 positions and 130 positions during fiscal 2020 and 2019, respectively. There were no such charges in fiscal 2018.

e)

Severance and benefit costs are associated with the elimination of two positions during fiscal 2020.  Also reflects fiscal 2019 charges related to the severance of two corporate executives, as well as accelerated vesting of equity awards for two corporate executives, four SPG segment executives and three CPG segment executives in connection with the aforementioned restructuring activities. There were no such charges in fiscal 2018.
Summary of Activity in Restructuring Reserves

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

 

(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

 

32,519

 

 

8,195

 

 

1,596

 

 

42,310

 

Cash payments charged against reserve

 

(31,219

)

 

(3,019

)

 

-

 

 

(34,238

)

Non-cash charges included above (f)

 

(6,420

)

 

(3,503

)

 

(2,969

)

 

(12,892

)

Balance at May 31, 2019

$

4,837

 

$

7,857

 

$

-

 

$

12,694

 

Additions charged to expense

 

19,747

 

 

8,548

 

 

4,813

 

 

33,108

 

Cash payments charged against reserve

 

(17,038

)

 

(9,239

)

 

-

 

 

(26,277

)

Non-cash charges included above (f)

 

(189

)

 

(1,286

)

 

(4,813

)

 

(6,288

)

Balance at May 31, 2020

$

7,357

 

$

5,880

 

$

-

 

$

13,237