XML 53 R36.htm IDEA: XBRL DOCUMENT v3.5.0.2
Restructuring Charges (Tables)
12 Months Ended
Jul. 31, 2016
Restructuring Charges [Abstract]  
Restructuring and Related Costs
Restructuring charges for the above actions are summarized as follows (in millions):
 
 
Year Ended July 31,
 
 
2016
 
2015
Fiscal 2016 fourth quarter actions
 
$
3.5

 
$

Fiscal 2016 third quarter actions
 
4.1

 

Fiscal 2016 first quarter actions
 
6.2

 

Fiscal 2015 actions (1)
 
2.3

 
16.9

Total
 
$
16.1

 
$
16.9

(1)Expenses span both fiscal years due to shutdown of Grinnell, Iowa facility.
Restructuring charges for the above actions by segment are summarized as follows (in millions):
 
 
Year Ended July 31,
 
 
2016
 
2015
Engine Products segment
 
$
8.8

 
$
9.2

Industrial Products segment
 
7.3

 
3.8

Corporate & Unallocated
 

 
3.9

Total
 
$
16.1

 
$
16.9

Restructuring charges are summarized in the table below by statement of earnings line item (in millions):
 
 
Year Ended July 31,
 
 
2016
 
2015
Cost of sales
 
$
5.7

 
$
8.4

Selling, general and administrative
 
10.4

 
8.5

Total
 
$
16.1

 
$
16.9