Restructuring and Other Charges

9 Months Ended

Sep. 30, 2014

Restructuring and Related Activities [Abstract]

During the three and nine months ended September 30, 2014, we recorded restructuring charges of $3.6 million ($2.5 million after tax) and $6.4 million ($4.3 million after tax), respectively. European segment charges of $3.0 million for the three months ended September 30, 2014 were related to severance costs for workforce reductions in Germany, Italy, and Spain and continued steps to execute our Europe 2.0 initiative. International segment charges of $0.6 million for the three months ended September 30, 2014 were related to severance costs for staff reductions associated with ongoing initiatives to right size our operations in Australia and South Africa.

European segment charges for the nine months ended September 30, 2014 of $4.5 million related primarily to severance from staff reductions in Germany, Italy, and Spain and reorganization costs in Germany. International segment charges for the nine months ended September 30, 2014 of $1.9 million were related to severance from staff reductions in South Africa, Australia and Brazil.

During the three and nine months ended September 30, 2013, we recorded charges of $1.5 million ($1.1 million after tax) and $3.9 million ($2.8 million after tax), respectively. European segment charges of $1.1 million for the three months ended September 30, 2013 primarily related to staff reductions in Germany and the Netherlands. International segment charges of $0.4 million were related to staff reductions in South Africa and Australia.

European segment charges for the nine months ended September 30, 2013 of $2.2 million primarily related to staff reductions in Germany and the Netherlands. International segment charges for the nine months ended September 30, 2013 of $1.7 million were related to staff reductions in Australia.

Activity and reserve balances for restructuring charges by segment were as follows:



(in millions)	North America			Europe			International			Total
Reserve balances at December 31, 2012	$	0.3		$	2.5		$	0.2		$	3.0
Cash payments	(0.3		)	(3.8		)	(2.5		)	(6.6		)
Restructuring charges	—			3.0			2.3			5.3
Reserve balances at December 31, 2013	$	—		$	1.7		$	—		$	1.7
Cash payments	—			(1.7		)	(1.6		)	(3.3		)
Restructuring charges	—			4.5			1.9			6.4
Reserve balances at September 30, 2014	$	—		$	4.5		$	0.3		$	4.8

- 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