Restructuring and Severance Charges

12 Months Ended

Apr. 25, 2014

Restructuring and Related Activities [Abstract]

We recorded pretax restructuring and severance charges in continuing operations totaling $6,151 in fiscal 2014 and $9,256 in fiscal 2013. These costs, reflected in S,G&A, related to organizational realignments and closures of production facilities. Additionally we reduced stock compensation expense by $453,which partially offsets our restructuring charges.

In the fourth quarter of fiscal 2014, we implemented a strategic realignment and reduction of personnel at Bob Evans Restaurants, BEF Foods and at our corporate office as part of our comprehensive plan to reduce S,G&A expenses. Costs incurred at the corporate office were allocated to the Bob Evans Restaurants and BEF Foods business segments.

In the third quarter of fiscal 2014, we closed our BEF Foods production plants in Springfield and Bidwell, Ohio. The action to close the food production facilities is intended to increase efficiency by consolidating production to our high capacity food production facility in Sulphur Springs, Texas.

On September 27, 2013, we announced the closure of our food production plant in Richardson, Texas, reducing our fresh sausage plant network to two facilities.

As of April 25, 2014, we anticipate that we will incur and pay an additional $300 related to severance and restructuring charges incurred in the BEF Foods segment. These additional severance charges will be recognized based on completion of required service.

The components of the restructuring and severance charges are summarized below by reporting segment for fiscal 2014 and 2013. Note that there were no charges related to fiscal 2012.



	Bob Evans Restaurants			BEF Foods			Total
Balance April 27, 2012	$	—		$	—		$	—
Restructuring and severance charges incurred	2,774			6,482			9,256
Amounts paid	(1,514		)	(3,922		)	(5,436		)
Balance April 26, 2013	$	1,260		$	2,560		$	3,820
Restructuring and severance charges incurred	2,473			3,678			6,151
Adjustments	(131		)	—			(131		)
Amounts paid	(3,116		)	(5,497		)	(8,613		)
Balance April 25, 2014	$	486		$	741		$	1,227

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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