RESTRUCTURING AND ASSET IMPAIRMENTS (Tables)

6 Months Ended

May. 01, 2016

Restructuring and Related Activities [Abstract]

The following table summarizes our restructuring plan costs and charges related to the restructuring plan during the three and six months ended May 1, 2016 (in thousands), which are recorded in restructuring and impairment charges in the Company’s consolidated statements of operations:



	Fiscal Three Months Ended		Fiscal Six Months Ended
	May 1, 2016		May 1, 2016		Cost Incurred To Date (since inception)		Remaining Anticipated Cost	Total Anticipated Cost
General severance	$	1,053	$	1,933	$	5,820	*	*
Plant closing severance	96		96		1,671		*	*
Asset impairments	—		—		5,844		*	*
Other restructuring costs	—		630		630		*	*
Total restructuring costs	$	1,149	$	2,659	$	13,965	*	*


*	We expect to fully execute our plans in phases over the next 6 months to 30 months and estimate that we will incur future additional restructuring charges associated with these plans. We are unable at this time to make a good faith determination of cost estimates, or ranges of cost estimates, associated with future phases of the plans.

Restructuring Liability and Cash Payments

The following table summarizes our severance liability and cash payments made pursuant to the restructuring plan from inception through May 1, 2016 (in thousands):



	General Severance			Plant Closing Severance			Total
Balance at November 2, 2014	$	—		$	—		$	—
Costs incurred	3,887			1,575			5,462
Cash payments	(2,941		)	(1,575		)	(4,516		)
Accrued severance⁽¹⁾	739			—			739
Balance at November 1, 2015	$	1,685		$	—		$	1,685
Costs incurred⁽¹⁾	1,485			96			1,581
Cash payments	(2,277		)	(23		)	(2,300		)
Balance at May 1, 2016	$	893		$	73		$	966

(1)

During the second and fourth quarters of fiscal 2015, we entered into transition and separation agreements with certain executive officers. Each terminated executive officer is entitled to severance benefit payments issuable in two installments. The termination benefits were measured initially at the separation date based on the fair value of the liability as of the termination date and are being recognized ratably over the future service period. Costs incurred during the six months ended May 1, 2016 exclude $0.5 million of amortization expense associated with these termination benefits. Remaining severance costs associated with the executive officers of $0.2 million and $0.1 million will be incurred in the metal components segment and engineered building systems segment, respectively.