Note 13 – Restructuring

On December 5, 2013, the Company announced the acceleration of its plans to consolidate certain facilities and create cost efficiencies through shared services in sales, general and administrative and support functions. These integration activities are expected to result in charges and expenses for a total of $35 million in fiscal 2014 and fiscal 2015. Total restructuring expenses were $20.4 million in fiscal 2014. The costs are for exit and relocation of facilities, losses on the write off of certain property, plant and equipment, and severance. In the first nine months of fiscal 2015, restructuring expense totaled $10.1 million, as more fully described in the following table:

In Thousands			Write Off of
	Exit &		Property,
	Relocation		Plant &
	of Facilities		Equipment		Severance		Total

Cost of sales	$	3,512	$	651	$	588	$	4,751
Restructuring charges		3,980		-		1,395		5,375
Total	$	7,492	$	651	$	1,983	$	10,126

In the first nine months of fiscal 2014, restructuring expense totaled $14.3 million, as more fully described in the following table:

In Thousands			Write Off of
	Exit &		Property,
	Relocation		Plant &
	of Facilities		Equipment		Severance		Total

Cost of sales	$	4,029	$	9	$	-	$	4,038
Restructuring charges		2,866		2,542		4,871		10,279
Total	$	6,895	$	2,551	$	4,871	$	14,317

The Company has recorded an accrued liability of $4.2 million and $5.9 million for these activities as of July 31, 2015, and October 31, 2014, respectively.

In Thousands	Accrued
	Liabilities

Beginning Balance as of October 25, 2013	$	-
Amounts accrued and incurred		20,388
Amounts paid		(11,688	)
Write-off		(2,585	)
Currency translation adjustment		(200	)
Balance as of October 31, 2014	$	5,915

Amounts accrued and incurred		10,126
Amounts paid		(10,968	)
Write-off		(651	)
Currency translation adjustment		(227	)
Balance as of July 31, 2015	$	4,195