RESTRUCTURING AND OTHER CHARGES, NET

The following tables summarize the restructuring and other charges (“ROTC”) recorded in the three months ended October 31, 2014 and October 31, 2013:



	Three Months Ended Oct 31, 2014
	Restructuring (1)			Other Charges/(Gains) (2)		Total
Severance benefits and other employment contract obligations	$	8,750		$	—	$	8,750
Professional fees and other costs, net of receipt of insurance claim payments	552			48		600
Reversal of excess restructuring reserves	(110		)	—		(110		)
	$	9,192		$	48	$	9,240
Cash	$	9,192		$	48	$	9,240
Non-cash	—			—		—
	$	9,192		$	48	$	9,240



	Three Months Ended Oct 31, 2013
	Restructuring (1)			Other Charges/(Gains) (2)		Total
Severance benefits and other employment contract obligations	$	3,115		$	442	$	3,557
Professional fees and other costs, net of receipt of insurance claim payments	1,243			142		1,385
Loss on sale and impairment of assets, net	—			160		160
Environmental matters	—			4,440		4,440
Reversal of excess restructuring reserves	(344		)	—		(344		)
	$	4,014		$	5,184	$	9,198
Cash	$	4,014		$	5,024	$	9,038
Non-cash	—			160		160
	$	4,014		$	5,184	$	9,198

(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 and global 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 months ended October 31, 2014 and October 31, 2013 primarily reflect the expenses incurred in connection with the Company’s structural cost improvement initiative as discussed above.

(2) Other Charges/(Gains):

Severance benefits and other employment contract obligations: In the three months ended October 31, 2013, the Company recorded charges related to certain employment contract obligations.

Environmental matters: In the three months ended October 31, 2013, the Company increased its previously established environmental reserve related to a matter in Pinellas Park, Florida.

The following table summarizes the activity related to restructuring liabilities recorded for the Company’s structural cost improvement initiative which began in fiscal year 2012:



	Severance			Other			Total
Original charge	$	61,852		$	3,448		$	65,300
Utilized	(27,365		)	(2,798		)	(30,163		)
Translation	(123		)	(47		)	(170		)
Balance at July 31, 2012	$	34,364		$	603		$	34,967
Additions	21,637			2,840			24,477
Utilized	(29,574		)	(1,936		)	(31,510		)
Reversal of excess reserves	(500		)	(57		)	(557		)
Translation	313			23			336
Balance at July 31, 2013	$	26,240		$	1,473		$	27,713
Additions	27,803			4,419			32,222
Utilized	(26,178		)	(4,596		)	(30,774		)
Reversal of excess reserves	(1,923		)	(107		)	(2,030		)
Translation	230			39			269
Balance at July 31, 2014	$	26,172		$	1,228		$	27,400
Additions	8,750			552			9,302
Utilized	(8,161		)	(513		)	(8,674		)
Reversal of excess reserves	(110		)	—			(110		)
Translation	(1,029		)	(43		)	(1,072		)
Balance at October 31, 2014	$	25,622		$	1,224		$	26,846