RESTRUCTURING CHARGES

12 Months Ended

Jan. 03, 2020

Restructuring and Related Activities [Abstract]

RESTRUCTURING CHARGES

The Company considers restructuring activities to be programs whereby Anixter fundamentally changes its operations, such as closing and consolidating facilities, reducing headcount and realigning operations in response to changing market conditions. The following table summarizes activity related to liabilities associated with restructuring activities:


	Restructuring Activity
	Q2 2018 Plan
	Employee-Related Costs (a)		Facility Exit and Other Costs (b)		Total
Balance at December 29, 2017	$	—	$	—	$	—
Charges	9.6		0.5		$	10.1
Payments and other	(2.9)		(0.3)		(3.2)
Balance at December 28, 2018	$	6.7	$	0.2	$	6.9
Payments and other	(4.9)		(0.1)		(5.0)
Balance at January 3, 2020	$	1.8	$	0.1	$	1.9

(a)Employee-related costs primarily consist of severance benefits provided to employees who have been involuntarily terminated.

(b)Facility exit and other costs primarily consist of lease termination costs.

Q2 2018 Restructuring Plan

In the second quarter of 2018, the Company recorded a pre-tax charge of $2.1 million, $1.3 million and $1.1 million in its Network & Security Solutions ("NSS"), Electrical & Electronic Solutions ("EES") and Utility Power Solutions ("UPS") segments, respectively, and an additional $5.4 million at its corporate headquarters, primarily for severance-related expenses associated with a reduction of approximately 260 positions. In the third quarter of 2018, the Company recorded an additional $0.2 million charge at its corporate headquarters. The $10.1 million charge related to the second quarter 2018 plan primarily reflects actions related to facilities consolidation, systems integration and back office functions. This charge was included in "Operating expenses" in the Company's Consolidated Statement of Income for fiscal year 2018. The majority of the balance included in accrued expenses of $1.9 million as of January 3, 2020 is expected to be paid by the first half of 2020.