Restructuring Activities Restructuring Activities

6 Months Ended

Dec. 02, 2017

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Expenses and Other Charges

During the first quarter of fiscal 2018, the company announced restructuring actions involving targeted workforce reductions primarily within the North American segment. These actions related to the company's cost savings initiatives and resulted in the recognition of restructuring expenses of $1.4 million in the first quarter of fiscal 2018. The restructuring actions are deemed to be complete at December 2, 2017 and final payments are expected to be made over the next two quarters.

During the second quarter of fiscal 2018, the company announced further restructuring actions involving targeted workforce reductions primarily within the North American segment. These actions related to the company's previously announced cost savings initiatives and resulted in the recognition of restructuring expenses of $0.5 million in the second quarter of fiscal 2018. The restructuring actions are deemed to be complete at December 2, 2017 and final payments are expected to be made over the next two quarters.

During the second quarter of fiscal 2017, the company announced restructuring actions involving targeted workforce reductions within the North American, ELA and Specialty segments. These actions resulted in the recognition of restructuring expenses related to severance costs totaling $1.0 million during the quarter.

The following table provides an analysis of the changes in restructuring costs reserve for the six months ended December 2, 2017:

(In millions)	December 2, 2017			December 3, 2016
Beginning Balance	$	2.4		$	0.4
Restructuring expenses	1.7			1.0
Payments	(2.8		)	(0.9		)
Ending Balance	$	1.3		$	0.5

The company also recorded third party consulting costs in the amount of $1.2 million and $1.9 million related to targeted profit improvement initiatives in the three and six month periods ended December 2, 2017, respectively.