Restructuring and Other Charges

9 Months Ended

Jun. 28, 2013

Restructuring and Related Activities [Abstract]

During the nine months ended June 28, 2013, the Company recorded restructuring and other charges of approximately $6.4 million related to severance costs associated with two separate organizational restructuring plans undertaken to reduce headcount that were each initiated during the nine months ended June 28, 2013. These restructuring plans are expected to be completed within a year of the start of each program and have been aggregated into the "FY13 Restructuring Programs" line item in the summary table below. The Company does not anticipate any material charges in any future periods related to these plans.

During the three and nine months ended June 29, 2012, the Company recorded restructuring and other charges of approximately $1.1 million and $7.8 million, respectively. The charges for the nine months ended June 29, 2012 included $7.2 million in severance costs and $0.6 million in lease termination costs primarily related to an acquisition in fiscal 2012. Payments related to these restructuring plans are largely complete and are summarized under "Other Restructuring" in the table below.

The following tables present a summary of the Company's restructuring activity (in millions).



Three months ended June 28, 2013	Balance at March 29, 2013		Current Charges		Cash Payments			Other		Balance at June 28, 2013
FY13 Restructuring Programs
Employee severance costs	$	3.0	$	—	$	(1.9	)	$	—	$	1.1
Other Restructuring
Employee severance costs	0.1		—		(0.1		)	—		—
Lease and other contractual obligations	0.6		—		(0.2		)	—		0.4
Total	$	3.7	$	—	$	(2.2	)	$	—	$	1.5

Nine months ended June 28, 2013	Balance at September 28, 2012		Current Charges		Cash Payments			Other		Balance at June 28, 2013
FY13 Restructuring Programs
Employee severance costs	$	—	$	6.4	$	(5.3	)	$	—	$	1.1
Other Restructuring
Employee severance costs	0.9		—		(0.9		)	—		—
Lease and other contractual obligations	0.8		—		(0.4		)	—		0.4
Total	$	1.7	$	6.4	$	(6.6	)	$	—	$	1.5

- 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.

+ References+ Details