Special Charges, net

3 Months Ended

Feb. 28, 2015

Note 6: Special Charges, net

The integration of the Forbo industrial adhesives business we acquired in March 2012 involved a significant amount of restructuring and capital investment to optimize the new combined entity. In addition, we have taken a series of actions in our existing EIMEA operating segment to improve the profitability and future growth prospects of this operating segment. We combined these two initiatives into a single project which we refer to as the “Business Integration Project”. During the 13 weeks ended February 28, 2015 and March 1, 2014, we incurred special charges, net of $2,361 and $11,734, respectively for costs related to the Business Integration Project.

The following table provides detail of special charges, net:

		13 Weeks Ended
		February 28, 2015		March 1, 2014
Acquisition and transformation related costs		$	472	$	1,708
Workforce reduction costs			56		2,059
Facility exit costs			1,529		5,126
Other related costs			304		2,841
	Special charges, net	$	2,361	$	11,734

Acquisition and transformation related costs of $472 for the 13 weeks ended February 28, 2015 and $1,708 for the 13 weeks ended March 1, 2014 include costs related to organization consulting, financial advisory and legal services necessary to integrate the Forbo industrial adhesives business into our existing operating segments. During the 13 weeks ended February 28, 2015, we recorded workforce reduction costs of $56, cash facility exit costs of $1,395 and a non-cash facility exit costs of $134 and other incremental transformation related costs of $304 including the cost of personnel directly working on the integration. During the 13 weeks ended March 1, 2014, we incurred workforce reduction costs of $2,059, cash facility exit costs of $3,574, non-cash facility exit costs of $1,552 and other incremental transformation related costs of $2,841 including the cost of personnel directly working on the integration.