5. Restructuring and Other Charges, Net

The Company’s Board of Directors approves all major restructuring programs that involve the discontinuance of significant product lines or the shutdown of significant facilities. From time to time, the Company takes additional restructuring actions, including involuntary terminations that are not part of a major program. The Company accounts for these costs in the period that the individual employees are notified or the liability is incurred. These costs are included in restructuring and other charges in the Company’s consolidated statements of operations.

2013 Actions

On July 30, 2013, the Board of Directors authorized a restructuring program with respect to the Company’s EMEA segment to reduce its European manufacturing footprint, improve organizational and operational efficiency and better align costs with expected revenues in response to changing market conditions. The restructuring program is expected to include a pre-tax charge to earnings totaling approximately $10.4 million, all of which is expected to be recorded through the end of fiscal 2014. In the third quarter of 2014, the estimated cost of a planned action within the 2013 restructuring program was reduced, resulting in a decrease of the total expected pretax cost from $14.7 million to $10.4 million. The change is expected to result primarily in reduced severance costs. The total charge will include costs for severance benefits, relocation, site clean-up, professional fees and certain asset write-downs. The total net after-tax charge for the restructuring program is expected to be approximately $7.3 million. The restructuring program is expected to be completed by the end of the fourth quarter of fiscal 2014. The net after-tax charges incurred in the third quarter and first nine months of 2014 were $0.3 million and $2.0 million, respectively.

Other Actions

The Company also periodically initiates other actions which are not part of a major program. In 2013 and 2014, the Company initiated restructuring activities in EMEA to relocate certain manufacturing activities and in EMEA and the Americas to reduce costs through reductions-in-force. There are no remaining expected costs relating to these actions.

A summary of the pre-tax cost by restructuring program is as follows:

	Third Quarter Ended				Nine Months Ended
	September 28, 2014		September 29, 2013		September 28, 2014		September 29, 2013
	(in millions)
Restructuring costs:
2013 Actions	$	0.4	$	—	$	2.9	$	—
Other Actions	—		2.8		4.3		7.0
Total restructuring and other charges, net	$	0.4	$	2.8	$	7.2	$	7.0

The Company recorded pre-tax restructuring charges, in its business segments as follows:

	Third Quarter Ended				Nine Months Ended
	September 28, 2014		September 29, 2013		September 28, 2014		September 29, 2013
	(in millions)
Americas	$	—	$	—	$	2.3	$	0.3
EMEA	0.4		2.8		4.1		6.7
Corporate	—		—		0.8		—
Total	$	0.4	$	2.8	$	7.2	$	7.0

Details of the Company’s 2013 European restructuring program reserve, which for the nine months ended September 28, 2014 relates only to severance, is as follows:

	Nine Months Ended
	September 28, 2014
	(in millions)
Balance at December 31, 2013	$	2.0
Net pre-tax restructuring charges	0.4
Utilization and foreign currency impact	(0.3		)
Balance at March 30, 2014	$	2.1
Net pre-tax restructuring charges	2.1
Utilization and foreign currency impact	(1.4		)
Balance at June 29, 2014	$	2.8
Net pre-tax restructuring charges	0.4
Utilization and foreign currency impact	(0.9		)
Balance at September 28, 2014	$	2.3

The following table summarizes total expected, incurred and remaining pre-tax costs for the 2013 European restructuring program actions by type, and all attributable to the EMEA reportable segment:

	Severance			Legal and consultancy			Asset write-downs			Facility exit and other			Total
	(in millions)
Expected costs	$	7.5		$	0.1		$	1.7		$	1.1		$	10.4
Costs incurred—2013	(4.1		)	—			—			—			(4.1		)
Costs incurred—first quarter 2014	(0.1		)	—			(0.2		)	(0.1		)	(0.4		)
Costs incurred—secondquarter 2014	(2.0		)	(0.1		)	—			—			(2.1		)
Costs incurred—thirdquarter 2014	(0.4		)	—			—			—			(0.4		)
Remaining costs at September 28, 2014	$	0.9		$	—		$	1.5		$	1.0		$	3.4