Special Charges

The Company monitors global macroeconomic conditions on an ongoing basis and continues to assess opportunities for improved operational effectiveness and efficiency, as well as a better alignment of expenses with revenues. As a result of these assessments, the Company has undertaken various restructuring actions over the past several years. These actions are described below.

The following tables display the special charges taken for ongoing actions and a roll-forward from November 3, 2012 to May 4, 2013 of the employee separation and exit cost accruals established related to these actions.



	Reduction of Operating Costs
Statement of Income	2010		2011		2012		2013
Workforce reductions	$	10,908	$	2,239	$	7,966	$	14,071
Facility closure costs	—		—		186		—
Non-cash impairment charge	487		—		219		—
Other items	24		—		60		—
Total Charges	$	11,419	$	2,239	$	8,431	$	14,071



Accrued Restructuring	Reduction of Operating Costs
Balance at November 3, 2012	$	2,993
First quarter 2013 special charge	14,071
Severance payments	(4,276		)
Effect of foreign currency on accrual	36
Balance at February 2, 2013	12,824
Severance payments	(4,311		)
Effect of foreign currency on accrual	(19		)
Balance at May 4, 2013	$	8,494

Reduction of Operating Costs

During fiscal 2010 through fiscal 2012, the Company recorded special charges of approximately $22.1 million. These special charges included: $21.1 million for severance and fringe benefit costs in accordance with its ongoing benefit plan or statutory requirements at foreign locations for 269 manufacturing, engineering and selling, marketing, general and administrative (SMG&A) employees; $0.2 million for lease obligation costs for facilities that the Company ceased using during the third quarter of fiscal 2012; $0.1 million for contract termination costs; $0.2 million for the write-off of property, plant and equipment; and $0.5 million related to the impairment of intellectual property. The Company terminated the employment of all employees associated with these actions.

During the first quarter of fiscal 2013, the Company recorded a special charge of approximately $14.1 million for severance and fringe benefit costs in accordance with its ongoing benefit plan or statutory requirements at foreign locations for 137 manufacturing, engineering and SMG&A employees. As of May 4, 2013, the Company employed 6 of the 137 employees included in this cost reduction action. These employees must continue to be employed by the Company until their employment is involuntarily terminated in order to receive the severance benefit.