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Restructuring and Other Charges (Tables)
6 Months Ended
Mar. 31, 2017
Restructuring And Related Activities [Abstract]  
Summary of 2015 Restructuring Impact on Reportable Segments

The following table summarizes the impact of the 2015 Restructuring on the Company's reportable segments for the three and six month periods ended March 31, 2017 and April 1, 2016 (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

March 31, 2017

 

 

April 1, 2016

 

 

March 31, 2017

 

 

April 1, 2016

 

Aerospace & Technology

$

834

 

 

$

239

 

 

$

1,004

 

 

$

2,435

 

Buildings & Infrastructure

 

8,315

 

 

 

601

 

 

 

16,223

 

 

 

15,567

 

Industrial

 

6,964

 

 

 

2,316

 

 

 

9,488

 

 

 

19,893

 

Petroleum & Chemicals

 

15,791

 

 

 

29,039

 

 

 

29,375

 

 

 

53,015

 

Corporate

 

20,362

 

 

 

3,173

 

 

 

27,917

 

 

 

12,841

 

Total

$

52,266

 

 

$

35,368

 

 

$

84,007

 

 

$

103,751

 

 

Schedule of 2015 Restructuring Activity

The activity in the Company’s accrual for the 2015 Restructuring for the three and six month periods ended March 31, 2017 is as follows (in thousands):

 

Balance at September 30, 2016

$

152,174

 

Charges

 

31,741

 

Payments

 

(44,166

)

Balance at December 30, 2016

$

139,749

 

Charges

 

52,266

 

Payments

 

(37,008

)

Balance at March 31, 2017

$

155,007

 

 

Summary of Restructuring by Major Type of Restructuring Costs

The following table summarizes the 2015 Restructuring by major type of restructuring costs for the three and six month periods ended March 31, 2017 and April 1, 2016 (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

March 31, 2017

 

 

April 1, 2016

 

 

March 31, 2017

 

 

April 1, 2016

 

Lease Abandonments

$

27,992

 

 

$

19,872

 

 

$

44,601

 

 

$

64,271

 

Involuntary Terminations

 

18,554

 

 

 

15,410

 

 

 

29,886

 

 

 

38,289

 

Outside Services

 

2,261

 

 

 

86

 

 

 

3,552

 

 

 

1,191

 

Other restructuring related

 

3,459

 

 

 

-

 

 

 

5,968

 

 

 

-

 

Total

$

52,266

 

 

$

35,368

 

 

$

84,007

 

 

$

103,751

 

 

Summary of Cumulative Amounts Incurred for 2015 Restructuring Costs

Cumulative amounts incurred to date for the 2015 Restructuring by each major type of restructuring costs as of March 31, 2017 is as follows (in thousands):

 

 

Cumulative Amount Incurred to Date

 

Lease Abandonments

$

227,813

 

Involuntary Terminations

 

170,798

 

Outside Services

 

23,684

 

Other restructuring related

 

6,811

 

Total

$

429,106