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RESTRUCTURING AND OTHER CHARGES, NET (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2014
Apr. 30, 2013
Restructuring Charges [Abstract]        
Severance benefits and other employment contract obligations $ 8,289 [1] $ 5,701 [1] $ 18,751 [1] $ 10,896 [1]
Professional fees and other costs, net of receipt of insurance claim payments 567 [1] 361 [1] 2,704 [1] 1,149 [1]
(Gain)/loss on sale and impairment of assets, net (3,986) [1] (999) [1] (3,986) [1] (993) [1]
Reversal of excess restructuring reserves (1,158) [1] (292) (1,782) [1] (633)
Restructuring Charges 11,684 [1] 6,769 [1] 23,659 [1] 12,405 [1]
Cash 7,698 [1] 5,770 [1] 19,673 [1] 11,007 [1]
Non-cash 3,986 [1] 999 [1] 3,986 [1] 1,398 [1]
Other Gains (Charges) [Abstract]        
Severance benefits and other employment contract obligations 0 [2] (1,452) [2] 402 [2] (2,903) [2]
Professional fees and other costs, net of receipt of insurance claim payments (1,498) [2] (531) [2] (3,693) [2] (2,117) [2]
(Gain)/loss on sale and impairment of assets, net 1,640 [2] (1,357) [2] 1,480 [2] (1,357) [2]
Environmental matters   2,715 [2] 4,440 [2] 2,715 [2]
Other (Gains) Charges (142) [2] 6,055 [2] 6,251 [2] 9,092 [2]
Cash (142) [2] 4,185 [2] 6,091 [2] 6,709 [2]
Non-cash 0 [2] (1,870) [2] (160) [2] (2,383) [2]
Restructuring Charges and Other Gains (Charges) [Abstract]        
Severance benefits and other employment contract obligations (8,289) (7,153) (18,349) (13,799)
Professional fees and other costs, net of receipt of insurance claim payments (2,065) (892) (6,397) (3,266)
(Gain)/loss on sale and impairment of assets, net (2,346) (2,356) (2,506) (2,350)
Environmental matters   2,715 [2] 4,440 [2] 2,715 [2]
Restructuring And Other Gains (Charges) 11,542 12,824 29,910 21,497
Cash 7,556 9,955 25,764 17,716
Non-cash $ 3,986 $ 2,869 $ 4,146 $ 3,781
[1] Restructuring:In fiscal year 2012, the Company announced a multi-year strategic cost reduction initiative (“structural cost improvement initiative”). This initiative impacts both segments as well as the Corporate Services Group. The goal of this initiative is to properly position the Company’s cost structure globally to perform in the current economic environment without adversely impacting its growth or innovation potential. Key components of the structural cost improvement initiative include:•the strategic alignment of manufacturing, sales and R&D facilities to cost-effectively deliver high-quality products and superior service to the Company’s customers worldwide,•creation of regional shared financial services centers for the handling of accounting transaction processing and other accounting functions,•reorganization of sales functions, to more cost-efficiently deliver superior service to the Company’s customers globally, and•reductions in headcount across all functional areas, enabled by efficiencies gained through the Company’s ERP systems, as well as in order to align to economic conditions.Restructuring charges recorded in the three and nine months ended April 30, 2014 and April 30, 2013 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.Restructuring charges in the three and nine months ended April 30, 2014 also includes the impairment of assets of $3,986 related to the discontinuance of a specific manufacturing line due to excess capacity as a result of recent acquisitions.
[2] Other (Gains)/Charges:Severance benefits and other employment contract obligations: In the three and nine months ended April 30, 2013, the Company recorded charges related to certain employment contract obligations.Professional fees and other: In the three months ended April 30, 2014, the Company recorded costs related to the settlement of a legal matter. Furthermore, in the three and nine months ended April 30, 2014, the Company recorded acquisition related legal and other professional fees. In the three and nine months ended April 30, 2013, the Company recorded settlement related costs as well as legal and other professional fees, related to the Federal Securities Class Actions, Shareholder Derivative Lawsuits and Other Proceedings (see Note 14, Contingencies and Commitments, in the 2013 Form 10-K).Gain on sale and impairment of assets: In the three months ended April 30, 2014, the Company recorded a gain on the sale of a building in Europe. In the three months ended April 30, 2013, the Company recorded an impairment related to a software project. Environmental matters: As discussed in Note 5, Contingencies and Commitments, in the nine months ended April 30, 2014, the Company increased its previously established environmental reserve related to a matter in Pinellas Park, Florida. In the three months ended April 30, 2013, the Company increased its previously established environmental reserve related to a matter in Glen Cove, New York.